NASHVILLE, Tenn.–(BUSINESS WIRE)–Meridian Medical Management, a privately held physician services and technology company and the parent company of PrecisionBI, announces a significant offering that is specifically designed to increase medical practice and physician revenue. The Revenue Acceleration Program (RAP) will be unveiled at the MGMA annual meeting in Nashville, TN, October 11 – 14. Meridian Medical Management projects participating organizations can increase physician revenue by 5% – 10%.
Today’s economic climate creates many challenges for physicians and healthcare organizations. According to a 2014 Medical Economics study, 84% of the physicians surveyed in 2014 said their practices were doing the same or worse than in the prior year. Physicians are now forced to seek measures to eliminate operating costs, which at times may jeopardize quality and service. Meridian’s RAP is a unique service squarely focused on increasing physician revenue and income without sacrificing the quality of patient service.
“Meridian Medical Management’s technology suite and service initiatives include a broad array of proprietary techniques that facilitate practice improvements ranging from improved compliance through better documentation to increased patient collections,” according to Bill Stone, EVP of Sales and Marketing for Meridian Medical Management.
The proprietary technology, powered by PrecisionBI, curates the medical practice’s data and deploys a series of algorithms that dictate increased revenue opportunities.
“We are in the business of improving the financial health of physicians and their practices,” according to Karen Simonenko, EVP of Operations Meridian Medical Management.
The RAP technology and service suite will only be deployed in physician practices that range between 50 and 2,999 physicians. Both academic and private medical groups will be considered for this unique service offering.
For more information regarding Meridian Medical Management and the Revenue Acceleration Program and other Meridian companies inclusive of PrecisionBI and Origin Anesthesia, follow us on LinkedIn and Twitter.
About Meridian Medical Management
Meridian Medical Management is a leading provider of revenue cycle management, business intelligence, electronic medical record (EMR) and system integration services for mid to large, multi-specialty physician groups and academic practice plans. Leveraging over a decade of experience, Meridian’s team of professionals provides revenue cycle performance, business intelligence and practice growth to some of the most prestigious medical groups in the country. For more information, please visit www.m3meridian.com.
Meridian Medical Management
Bill Stone, (630) 862-1443
EVP Sales & Marketing