Now, we are a flexible technology based financial services company that can be used in any configuration of services in any size therapy environment from start up to mature multi-facility therapy companies.”
Birmingham, AL (PRWEB) April 12, 2010
SourceMedical, the leading provider of outpatient information management solutions to the ambulatory therapy market, today announced the launch of SourceTherapy Billing. A new billing service enabled by the acquisition of Advance Patient Financial Solutions (APFS), a company specializing in a broad array of outsourced revenue cycle and consulting services for the physical therapy industry.
“This changes everything” said Teresa Bohannon, Vice President of SourceMedical Therapy Billing Services. Bohannon went on to say, “The complexities of therapy billing and declining reimbursement leave no room for average back office performance in a therapy practice. It’s safe to say that how well you bill, follow-up, and collect is every bit as critical to the success of a practice as the therapy itself. Therapists are expertly trained to provide the highest quality, but back office performance typically scores average at best when exceptional is the new standard for survival and that is what we consistently deliver.”
For the first time, practice owners will be able to use the industry’s leading clinical documentation and billing software and put it to work immediately in the hands of an expert therapy back office staff for the same competitive price as outsourcing their billing to a generic billing service alone. And if the time should come when you want to bring those functions back in-house, the software and your data is already in place, ready for your staff to go to work. No loss of continuity for your clinicians and no loss of data for your financial operations….total flexibility with total control.
“We worked with APFS for several years as the software supplier of their parent company, Advance Rehabilitation, and collaborated regularly when they began providing the same exceptional back office support to other SourceMedical clients. We watched as they grew to be recognized experts not only in providing all critical business office services, but also in maximizing the operations of our mutual clients through best practices consulting and amazing technology optimization. The natural combination of our two companies enabled us to create an entirely new continuous service model leveraging our software tools and their remarkable success in applying them for our clients. Now, we are a flexible technology based financial services company that can be used in any configuration of services in any size therapy environment from start up to mature multi-facility therapy companies.” said Ralph Riccardi, President of SourceMedical Therapy Division.
SourceMedical is the leading provider of outpatient information solutions and services for rehabilitation clinics, ambulatory surgery centers, and surgical hospitals nationwide. With more than 4,000 satisfied customers, SourceMedical is the trusted source for innovative applications, in-depth industry expertise and unsurpassed customer service. The company’s unique, end-to-end systems improve operational efficiency and cash flow while enabling healthcare facilities to capture, exchange and analyze data to deliver a higher standard of patient care.