Somerset, NJ, July 14, 2012 (GLOBE NEWSWIRE) -- MTBC, a leading healthcare IT company serving providers
throughout the country, will be hosting a complimentary webinar on
Wednesday, July 18, 2012, at 1pm (EST), which is the first in its
new series of practice management webinars. This webinar will
be delivered by Michael Beggs, Esq., MTBC's Director of Client
Relationship Management and Pravin Conda, Esq., MTBC's Patent
Counsel, and will focus on the new reimbursement rules that allow a
typical primary care provider to generate approximately $16,000 a
year in additional revenue.
Under the Patient Protection and Affordable Care Act, Medicare
patients are now entitled to an annual wellness visit. By
funding a yearly wellness visit and requiring a personalized health
plan for each patient, Medicare aims to keep patients healthy
instead of merely treating patients after they become sick.
The reimbursement for this encounter is high - on average, $159 -
and it is provided to patients free of any out-of-pocket
cost.
"We are committed to helping providers increase revenues, reduce
administrative expenses and enhance workflows and we're confident
that this webinar series will help us fulfill that commitment,"
explained David Rosenblum, Vice Chairman of MTBC's Board of
Directors. This series will cover a wide variety of practice
management topics including leveraging technology to manage patient
balances, developing RVU-based compensation models and surviving
E&M coding audits.
"Part of our webinar will focus on leveraging MTBC's patent
pending CareConnector™ service, which helps providers navigate the
requirements of the Medicare wellness visit in order to ensure they
receive full reimbursement. In addition to helping our
providers systematically identify and schedule reimbursable well
visits, we empower them with easy to follow templates that smoothly
guide providers through the examination and ensure that it's
properly documented," said Mr. Beggs.
While every practice is unique, early users of CareConnector™
have seen approximately 25% of eligible patients respond to the
proactive system by scheduling and attending a well visit. A
small practice with an active Medicare population of four hundred
patients that experiences a 25% scheduling success rate will earn
approximately $16,000 in additional Medicare
reimbursements.
Providers who wish to join MTBC for its complimentary Medicare
annual well visit webinar may do so by registering at
www.mtbc.com.
About MTBC
Founded in 1999 and based in Somerset, New Jersey, MTBC provides
practice and revenue cycle management services and proprietary
software solutions to private physician offices and
hospital-employed provider groups throughout the United States.
It's integrated and competitively priced premium products,
PracticePro™ and ChartsPro™, present a service suite unmatched in
the industry for their scope and value. MTBC has been consistently
recognized by Deloitte LLP - 2009, 2010, 2011 - as one of the
fastest growing companies in North America and has also been
recognized in each of the last two years as an Inc. 500│5000
company.
To learn more about MTBC, please visit www.mtbc.com
To learn more about MTBC's acquisition campaign, please
visit www.beours.com
CONTACT: Stephen Snyder, President
MTBC
Telephone: (732) 873-5133 x113
Fax: (732) 873-3378
ssnyder@mtbc.com
