Optimize Revenue

MMP’s MMPact® Billing is designed to increase collections, reduce days in accounts receivable, and minimize compliance risks. From ensuring proper physician documentation techniques to attending monthly meetings, our professionals provide practices with specialized expertise to optimize revenues. The results for practices are higher revenues and a greater opportunity to focus on patient care.

 
  MMPact® Coding Optimize
MMP is able to route specific dictated reports to our coding specialists to assure correct procedure entry into the billing system.
     
  MMPact® Chart Reconciliation
We electronically reconcile hospital events with what is entered in our system for every procedure or case. While many companies do spot audits, we have developed an efficient electronic way of verifying charge capture.
     
  MMPact® Claims Management
MMP employs a web-based claims management process that provides feedback on claims within minutes instead of hours or days. We can then make changes online that ensure filed claims progress to payment.

     
  MMPact® Payment Posting
We are able to set up payment portals that allow patients to pay bills anytime and from any location
     
  MMPact® Denial Management
We are able to minimize claim denials by leveraging compiled information about payors and denied claims. We mine aggregate payment and denial data to develop effective reports that can be broken down by a variety of elements from denial type to denial frequency. This data enables us to optimize claim filing outcomes.
     
  MMPact® Reimbursement Tracking
We have rapid access to accurate information on whether managed care companies are paying at the practice's contracted rate. Additionally, we have up-to-date information on managed care companies' payment performance in terms of how quickly they pay, how accurately they pay, and how often they deny claims.
     
  MMPact® Eligibility Verification
We are able to “ping” patient names against Medicaid, Medicare, and other managed care company databases to see if a patient the hospital lists as self pay has some type of third-party insurance coverage – 12% actually have some type of third-party coverage.
     
  MMPact® Analytics
MMP offers a comprehensive reporting and information tool that allows clients to view their practice's financial data on their own time.
 


 
 
 
 

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