Comprehensive Medical Data Management ("CMDM") Terminates Affiliation, Becomes ADVOCATE Radiology Billing, Reimbursement Specialists.
Columbus, Ohio (PRWEB) June 13, 2007 -- Comprehensive Medical Data Management, the leading provider of radiology billing and reimbursement services to the physician healthcare industry, today announced the termination of it's affiliation with Comprehensive Medical Practice Management, Inc. Comprehensive Medical Data Management will now be known as ADVOCATE Radiology Billing and Reimbursement Specialists
Kirk Reinitz, now an owner and the principal officer of ADVOCATE says ADVOCATE looks forward to providing their current and future clients with the same outstanding service that they have been provided in the past. Reinitz, who takes over responsibility for all of ADVOCATE's operations, focuses nearly 18 years of radiology reimbursement and billing experience on providing results for our current and future clients. He was part of the management team that helped build Medical Management Sciences, a radiology billing and practice management company, before it was acquired.
ADVOCATE is a billing and reimbursement company focused on the professional and imaging center segments of the US radiology healthcare market. ADVOCATE helps radiology physician practice groups, and imaging centers increase revenue, improve cash flow, and enhance compliance. By using our combination of unique radiology specialty focused management approach and workflow system to identify correct billing data and extract key demographic and clinical information, ADVOCATE customers maximize appropriate reimbursement, reduce denials, decrease outstanding accounts receivables, and improve the management reporting for their overall organization.
Payers have sought to control costs by initiating a progressively complex coding and billing and reimbursement process. Both governmental and private payers continue to restrict payments for radiologist's services using measures such as claim under payment, claim denial, documentation issues, payment bundling, losing claims and medical necessity edits.
These measures have resulted in a 12.7% average annual loss of revenue to radiology providers. These industry realities make radiology specific monitoring and feedback on payer behavior crucial in ensuring reimbursement is accurate. ADVOCATE's unique specialized management approach and customized software have created a radiology billing option that is unmatched in most markets. ADVOCATE's advanced development can prevent denials from occurring in the future.
When ADVOCATE deploys our management team and proprietary techniques to a new client, prior revenue losses are reversed due to the controls inherent in the ADVOCATE approach to radiology billing. ADVOCATE utilizes tested business methods and the latest technology to produce consistently superior revenue results for our clients. With proven management, business processes and advanced technology to support our operations, ADVOCATE is uniquely positioned and has the people and infrastructure to manage the business of radiology effectively and efficiently. ADVOCATE's tight control and management of the billing process results in the ability to achieve and surpass client expectations.
When billing is outsourced to ADVOCATE clients experience, among other benefits, lower cost, greater control, and more in-depth management expertise. With the increased workload of today's practicing radiologists, outsourcing has become a popular management approach in achieving practice goals in many areas. Outsourcing can provide a cost-effective way to lower expenses and increase performance, while at the same time maintaining (or adding to) the quality of life of the physicians. The result can be a more profitable and enjoyable professional life.
For more information, visit www.radadvocate.com
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