Our mission is nothing short of being the innovative leader for the industry, and to provide radiology practices with billing, practice management and innovative business solutions that are unsurpassed in the industry.
Columbus, OH (PRWEB) June 26, 2011
ADVOCATE, the largest radiology only nationwide provider of billing and practice management services-with over 100 clients in 29 states-announced today that they will begin to offer a new line of services aimed at reducing general and administrative costs for radiology practices nationwide. The new service line is focused on cost reduction and income maintenance for radiology practices and becomes available in April 2011.
"Our mission is nothing short of being the innovative leader for the industry, and to provide radiology practices with billing, practice management and innovative business solutions that are unsurpassed in the industry", said Kirk Reinitz, CPA, President & CEO of ADVOCATE.
Industry experts agree that imaging reimbursement will continue to come under downward pressure. ADVOCATE's billing services are known for revenue maximization, however, with CPT coding changes and government cuts in reimbursement, there is continued pressure on top line revenue. RRMTM offers a solution to maintain income through cost reduction. ADVOCATE's RRMTM is unmatched in accessibility and quality.
After a thorough analysis of today's medical imaging industry, we have identified the most significant costs associated with operating private radiology groups and have created business solutions to maximize efficiency and cost effectiveness. The services, collectively called Radiology Resource Management (RRMTM), offer in-depth cost effective solutions for the nation's radiology practices.
We have developed business solutions that help groups be more profitable today and position them for the future of healthcare. The key market drivers our services will support are physician income maintenance through practice cost reduction, benefiting from ACO Practice Models, and physician efficiency through advanced PACS applications.
"ADVOCATE's RRMTM creates competitive advantages in the delivery of imaging services for private practice radiology groups. We are pleased that our methodical and systematic research and design has resulted in such a useful service line the industry", said Reinitz.
Some of the services offered through RRMTM include:
Group Purchasing Services:
Business Technology Services:
Teleradiology Common Work-list Technology
Business Management Services:
Accountable Care Organizations
EHR Stimulus Dollars
These services compliment ADVOCATE's industry leading billing and practice management services and will further help radiology groups to be successful by improving cash flows and reducing administrative costs and burdens.
ADVOCATE offers its coast to coast client base a truly complete, integrated approach to business issues that combines insight and innovation from multiple disciplines with a wide range of business and industry knowledge to help clients excel. We deliver proven technology and management expertise to help our clients meet and exceed their financial goals. With 20 years of radiology billing experience, and proven measurable results, ADVOCATE works as a trusted and stable business partner to provide clients with a reliable and trouble free implementation, increased cash flow, training, and support. For more information about ADVOCATE's services, please visit http://www.radadvocate.com.