Services for Hospital Based Providers

MBS assists hospital-based Emergency Medicine, Pathology and Radiology physician groups in improving their revenue stream through both strategic and tactical practice management services.

Our services are designed to improve reimbursements while shielding hospitals and physician groups against risk. We take care of business and administrative functions, giving physicians the comfort to know that everything in their practice is running smoothly.

We custom tailor our services according to the specific needs of your practice.

Reimbursement Management

MBS scrutinizes all aspects of the revenue stream to determine areas of potential lost revenue. Whether it involves fine-tuning or a complete overhaul of current collection methods, MBS is committed to increasing our clients’ profitability.

• Billing Oversight
• Link to Top-Performing Billing Companies
• Documentation & Coding Analysis
• Fee Schedule Analysis
• Accounts Receivable Analysis & Follow Up
• Audits & Analyses
• Practice Performance Reporting
• Office Policy & Procedure Analysis
• Credit & Payment Policy Analysis

Third Party Management Solutions

MBS leverages practice position in the marketplace by evaluating, negotiating and enforcing third party contracts. Our services help physicians take control of managed care participation plans and appropriately align their practice in the marketplace.

• Managed Care Contract Evaluation
• Contract Negotiation & Renegotiation
• Contract Enforcement
• Managed Care Reimbursement Audits
• Capitation & Risk Evaluation

Compliance Solutions

Severe legal implications govern the operations of a medical practice. Physicians must follow strict regulations in order to avoid Medicare charges of fraud and abuse. MBS facilitates effective compliance programs so physicians can rest assured they are not at risk of violations.

• Periodic Sampling
• Updating Corporate Minutes
• Appointment of Compliance Officer
• HIPAA Compliance

Strategic Management Solutions

The nature of the changing healthcare environment increases the importance of strategic analysis and planning. As dependable advisors on all non-medical aspects of practice management, MBS provides invaluable expertise in assisting with strategic decision-making and managing exposure to risk.

• New Business Development, Strategy & Execution
• Managed Care Affiliation Strategy Development
• Physician Group Formation & Feasibility Studies
• Merger/Joint Venture/Acquisition Analysis
• Billing Service Agreement Negotiation
• Collection Agency Agreement Negotiations
• Hospital Contract Negotiation

Services to Enhance Quality of Care

MBS has the resources to arrange for and coordinate additional services to complement the current operations of hospitals and enhance the quality of care given.

• Telemedicine
• Teleradiology
• Board Certified Physicians

Business & Financial Management Solutions

Administrative and financial management functions can take valuable time away from providers. Our financial management services carry out important business office functions, providing relief from administrative tasks for physicians and their staff.

• Management Accounting Information
• General Administration
• Benefits Administration
• Connection to Professional Advisors