Free press releases distribution network?

Agency / Source: WorkSmart MD

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



WorkSmart MD Announces Specialized A/R Recovery Service - The average single physician practice has accounts receivable in excess of $200,000 and aging balances that are approaching 12 months old. For private practice physicians to survive they must increase their collection rates
WorkSmart MD Announces Specialized A/R Recovery Service

 

PRZOOM - /newswire/ - Daytona Beach, FL, United States, 2010/12/13 - The average single physician practice has accounts receivable in excess of $200,000 and aging balances that are approaching 12 months old. For private practice physicians to survive they must increase their collection rates.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The average single physician practice has accounts receivable in excess of $200,000 and aging balances that are approaching 12 months old. According to the Physician Coalition for Health Information Technology (PCHIT) the average physician office collects 84% of what they bill after contractual adjustments are calculated. These numbers indicate a huge gap in medical practice revenue.

"Doctors are working harder than ever in a time of shrinking reimbursements. For private practice physicians to survive they must increase their collection rates. It's the only way for them to survive." Comments Jason Frederick, VP Business Development for WorkSmart MD.

In June of 2010 sweeping legislation was pending that would have decreased reimbursements by as much as 20% for physicians. At the last minute Congress delayed this decrease and physicians received a temporary reprieve. The future of medical reimbursements remains unclear but what is known for certain is that the Medicare and Medicaid programs are over budget. With new baby boomers entering the Medicare program every year the program can not sustain itself.

"If reimbursements continue to shrink and doctors can't increase their collection rates they won't be able to stay in business. For most physicians collecting the first 75% of what they bill insurance companies is easy, it's the remaining 25% that gets caught in a web of denials and insurance rejections. Our A/R Recovery services are designed to help doctors collect their oldest receivables. Once we have stabilized the practice we can help them implement medical billing procedures to ensure high collection rates." Reports Jayson Meyer, CEO of WorkSmart MD.

WorkSmart MD, Inc. (worksmartmd.com) is a leading provider of medical billing services and EMR software for physicians. Since 2001 WorkSmart MD,Inc. has helped hundreds of physicians in over 20 specialties improve the financial performance of their practice. WorkSmart MD, Inc. was founded by entrepreneur M. Jayson Meyer who has been featured on the Oprah Winfrey show, CBS 48 hours, and in the Wall Street Journal. WorkSmart MD's A/R recovery services are currently available for medical practices with 1-10 physicians.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: WorkSmart MD

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


WorkSmart MD Announces Specialized A/R Recovery Service

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: David VanderVoort - WorkSmartMDbilling.com 
877-672-6221 info[.]worksmartmdbilling.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any WorkSmart MD securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From WorkSmart MD / Company Profile


Read Medical Services/Equipment Most Recent Related Press Releases:

Sparta Systems Broadens Partnership with TrackWise Implementation Specialist Equality Systems
Thales Launches the Pixium Portable 3543 DR Wifi Enabled Flat Panel Detector
GE Healthcare Showcases Industry-first Technologies and Digital Solutions, Focused on Improving Outcomes, At RSNA 2016
Agfa and LCsys Team Up to Launch ABSOLUT-ID, Their Turnkey Integrated Solution for the Production of High Security ID Cards
ZOLL Technology for Improving CPR Quality to be Showcased at American Heart Association Annual Conference
AccuVein to Exhibit Leading Vein Visualization Technology at American Society for Dermatologic Surgery Annual Meeting
US Biomedical Textiles Transform Implant Device Technology by Aligning to Changes in Patient Preference Finds Frost & Sullivan
Frost & Sullivan Commends Influence Health for Constantly Evolving its Patient Engagement Products to Accelerate Market Transformation
Frost & Sullivan Awards Carestream Top Honors for OnSight 3D Extremity System
Sparta Systems Launches the Next-Generation Cloud Solution Stratas QMS

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today