Wilmington, DE (PRWEB) December 19, 2014
Doherty & Associates, a multi-award winning accounting firm including, Readers’ Choice 2013- Best Accounting Firm in DE and Readers’ Choice 2014 -Finalist Best Accounting Firm in DE, Best of Wilmington 2014 –Billing and Bookkeeping Services, Associated Builders and Contractors Gold Level Award –Diversity & Inclusion in the Workplace, announces the acquisition of Medical Billing Management, Inc., an accounting firm specializing in the expanding Medical & Healthcare Industries.
Doherty and Associates, will increase their portfolio of expertise to offer a broader range of services to healthcare practices including: medical, dental, chiropractic and physical therapy service providers. Medical Billing Management Inc. was established in 2012. As a new medical division - Medical Billing Management will augment the services already provided by Doherty & Associates. Mark Piluso has joined the firm as the Operation Manager of the Medical Billing Management division and will use his financial background and expertise to lead the expansion.
While this top perennial accounting firm in Delaware expands their existing global client base, it is common to see very large account receivables, especially with healthcare clients. As a result, this impedes the practice’s cash flow and in turn stymies growth. In addition, with the ACA – (Affordable Care Act), many practices with limited staff are being challenged by increased patient load, working with various insurance companies, managing complex compliance issues and the ensuing increased operating costs. Doherty & Associates consulted with their clients and it was evident that outsourcing enables growth for Healthcare Practitioners by providing a lower cost yield and expanded revenue channels.
With over 13 years of Accounting, Virtual CFO, and IRS Representation experience, D&A expands their staff with Medical Billing Management, Inc. expertise to restructure operations and to help businesses expand new growth channels. Combining their talents, they will deliver high value at a low cost to the overall medical billing and collection process. They are staffed with professional, well experienced individuals who have the “know how” to work through red tape and to get things done efficiently and effectively. Using Doherty & Associates, like with other clients they serve, the healthcare practices will find they are able to reduce costs, offload tasks from their staff, and re-deploy the staff skills on higher-value tasks.
Medical Billing Management also brings the Medical Coding expertise and a proven negotiation strategy, with the insurance companies, to ensure billing is done right the first time. As a result Doherty & Associates Medical Billing Management division can streamline the entire medical billing process and ensure a prompt payment for services, while meeting compliance standards and letting medical practices focus on their core business.
About Doherty & Associates
Founded in 2001 by CEO & President, Debbie Doherty; the Doherty & Associates brand has blossomed into a tax and financial services company with an experienced staff that has increased over the years to accommodate an expanded clientele ranging from start-up companies to over 45 million dollars in gross revenues per year. The Company manages numerous corporate accounting departments, including daily account management and personalized services customized for each individual business.
Doherty & Associates has expanded over the years from general Bookkeeping Services to adding full CFO Services, Virtual CFO, IRS Representation, Tax Preparation Services, Tax Planning, Business Consulting, Personal Finance Management and now Medical Billing. Doherty & Associates represents clients throughout the United States and across the globe.
The key advantage to their clients’ success is the one-on-one business relationship that commences the very first day a client is introduced to the firm. Instead of a packaged service plan, they customize their offerings to meet each client’s specific business needs; from assisting basic payroll and other small business accounting services, to taking care of the full CFO services. Priding themselves on the most technologically advanced practices, Doherty & Associates runs a paperless office, which helps save space and protects the clients’ privacy.
For a financial or tax related needs and want personal reliable service, Doherty & Associates can help. Their motto is “Bring peace of mind to the bottom line”!
About Medical Billing Management
Medical Billing Management which is now a division of Doherty & Associates is committed to being responsive and accurate to provide Medical, Dental, Chiropractic and Physical Therapy practices with the most reliable and efficient billing system for their organization. Doherty & Associates are dedicated in providing clients with the most proficient and professional medical billing services available.
Why Choose Doherty & Associates for Medical Billing?
- Qualified medical billing company, that files claims and are a valued business partner.
- Expertly provide reports presenting the financial conditions of the medical practice, and can recommend ways to increase medical practices’ profitability.
- 100% compliant with HIPAA to guarantee that the highest standards for privacy and security are met.
- Work attentively to achieve clean and error-free submission of all claims.
- Provide efficient demographic entries and prompt payment postings.
- Able to eliminate further overhead and the need for hiring additional personnel.
- Competent in providing clients with high quality and proficient customer support.
Marketing Director of Business Development
Doherty & Associates - 302 239-3500
Medical Billing Management Division - 302 239-2235