OPTIMIZE REVENUE. DECREASE PENALTIES.
DECREASE ADMINISTRATIVE BURDENS.
Advantmed Provider Solutions specializes in helping medical practices optimize revenue, decrease penalties, reduce risk, and reduce administrative burdens. Our unique-to-market technology platform offers services critical to the success of any medical practice:
- Release of Information Services. By shifting the burden and the risk of patient record requests to a seasoned company that processes over 2 million records per year, your staff has more time to focus on delivering optimum patient care and clinical outcomes.
- PQRS & MU2. This service allows you and your support team to evaluate and proactively address the penalties and associated financial risk based on CMS and value-based payer group guidelines, both collectively and by patient.
- Chronic Care Management (CCM). Administering with strict compliance to the CMS Chronic Care Management program is difficult for any provider. This service follows the CCM protocol exactly, which can become a valuable revenue source for your practice.
ARE YOU LEAVING MONEY ON THE TABLE?
Our Dr. Smith is a typical physician seeing 1,410 patients per year
with $909,332 in annual revenue
What is his potential financial exposure with value-based payers?
MU Meaningful Use/PQRS Physician Quality Reporting System
CCM Chronic Care Management/TCM Transitional Care Management
HCC Hierarchical Condition Category/VM Value-based Modifier
ARE YOU AT RISK FOR PENALTIES?
Medicare part B payment reduction
Medicare payment reduction
- The drive to shift reimbursements from fee-for-service towards rewarding quality and outcomes will continue to gain momentum.
- Value-based plans pose challenges to physicians with the imposition of financial penalties in the form of payment adjustments.
DECREASE ADMINISTRATIVE BURDENS
- Since 2009, there have been hundreds of data breaches resulting in 29 million patient records being affected.
- HIPAA penalties range from $100 to $50,000 per violation and can reach $1.5million per year per category.
- Employees accessing and releasing information inappropriately can be a serious threat to your practice.
affected since 2009
$100 – $150K
THE ADVANTMED SOLUTION
Value-based plans focus on preventive care, patient satisfaction, and health outcomes. Advantmed’s ELEVATE! MD™ platform offers solutions to help you optimize revenue, decrease penalties, and decrease administrative burdens.
- 1Initiate Advantmed’s ROI Solutions
- 2We perform a Payer Opportunity Analysis to determine what monies are at risk.
- 3We present our findings and make recommendations for continued support.
It’s Easy to Get Started
Request a Payer Analysis
Chat With Us
Request Release of Information Services
Have a question?
Our Elevate!MD platform will bring the dollars to you, real time; down to patient-specific compliance issues and the Risk Monies associated. Please contact us for a free demonstration.
Our platform will position you to optimize revenue and decrease costly Medicare penalties.
It costs you nothing to use our service. We collect our fees from the Requestor.
Yes, we look at every customer as an individual and it’s our responsibility to adjust to your needs. We work with practices from start-up to multi-location operations as well as those that do not yet have electronic medical records.
At Advantmed we process over 2 million patient records per year with no breach of security. The backbone of our business is the security of your patients records.