This team builds better solutions
MDP, Inc. was founded in 1986 and has evolved from continuing efforts to provide you, the healthcare professional, one stop shopping for all of your practice needs.
Fourteen reasons to outsource your billing to MDP
MDP, Inc. has been performing all elements of medical coding, billing and collections since 1986.
Offering services for:
Revenue Cycle Management
It is estimated that 15% of all “clean” medical insurance claims reject and this is the most frequent pain point in all revenue cycle management. No one on your staff enjoys doing this follow up and it is very likely that they are not very good at it. Give all your unpaid and overdue claims to the trained staff at MDP and watch those denials turn to cash.
Text, email and mail statements follow a pre-set schedule and drive mobile and online payments. This reduces expensive and unnecessary patient billing.
CPT / ICD
Expertise
Full Accounting Services
Telemedicine
Hardware + Software
Managed Care Contracting Services
We not only get you the contracts, we get you the highest rates. We have an extensive database of all payer’s latest fee schedules which enable us to match them for you. We make sure your group has the most varied, popular and effective in-network payer mix and we also handle all out of network enrollments.
Marketing
Strategies
Software and
Billing
Clinical Information Systems
Practice
Management
Verification of insurance eligibility and service pre-authorizations
Help improve claim accuracy and reduce rejections by ensuring that you use up-to-date eligibility and benefits information. Let MDP determine coverage, co-pay and deductible amounts before the time of service thereby reducing delayed patient payments and rejected claims. We interact electronically with our network of over 2,400 payers to check all of your patients’ eligibility and authorization. Give MDP the list of the next day’s patients and every morning your staff will get a spreadsheet showing all patient responsibilities, co-pays and deductibles not met. This gives hours back in the day to your staff so they can help you build your practice and maximize cash flow.
Help improve claim accuracy and reduce rejections by ensuring that you use up-to-date eligibility and benefits information. Let MDP determine coverage, co-pay and deductible amounts before the time of service thereby reducing delayed patient payments and rejected claims. We interact electronically with our network of over 2,400 payers to check all of your patients’ eligibility and authorization. Give MDP the list of the next day’s patients and every morning your staff will get a spreadsheet showing all patient responsibilities, co-pays and deductibles not met. This gives hours back in the day to your staff so they can help you build your practice and maximize cash flow.
We maintain your CAQH and PECOS profiles making sure they are accurate and compliant at all times.
Utilize a virtual assistant from MDP to handle any number of medical office tasks from customer service, administration, coding, billing, recruiting and more. Maximize your productivity and your net-to-practice revenue.
Electronic
Connectivity
Magpie 360 is a digital platform that aggregates patient-generated medical data, activity and environmental data from various devices and sensors. Think of Magpie as a nest handling all the various monitoring devices a patient uses and combining the output as a single source of usable data.
Fee Schedule Evaluations
This team builds better solutions…
From this well-established company a team of dedicated specialists has come together to make your practice perfect. In today’s challenging medical environment, the emphasis is on efficiency. At MDP, we understand the unique nature of the individual/group practitioner and tailor our services to meet the needs of your practice.
We offer state of the art computer systems, daily electronic claims submissions, electronic payments, payment verification modules, CPT/RBRVS procedure productivity analysis and coding expertise, practice management consultations, Managed care contracting services, full accounting and payroll services, new practice development and marketing strategies. Whether you have been in business for many years or are considering setting up a new practice site, MDP is here to keep you up to date and in compliance with the overwhelming concerns confronting physicians today.
Practice Management
Analysis of internal processes
We provide objective evaluations of your practice operations. This includes policies and procedures, office layout and design, facility/site assessments and staffing. Additional services offered include patient satisfaction surveys and coding analysis.
Practice Comparisons
We’ll let you know how your fee schedule and reimbursement profiles compare with similar practices, if your expenses are too high or collections too low, if your salaries and benefits are competitive and what it will take to recruit an associate.
Management and Partnership Issues
Patient care is your first priority. As a result, you may not be able to give enough attention to important management and partnership issues, which affect your practice. You may find there aren’t enough hours in the day to handle both the patient care and business side of your practice.
New Venture Development
Practice Startup and Expansion
MDP’s knowledge of the healthcare environment makes us an ideal resource for physicians looking to develop new practice ventures. Our business consultants have a comprehensive knowledge of the healthcare industry and its regulations and they can bring this specialized knowledge to your new practice venture.
Whether you’re planning a new practice, creating a satellite network or expanding an existing clinic, the healthcare specialists at MDP can lay the foundation for your success. We offer the following to achieve that goal: