MEDICAL MANAGEMENT AND CONSULTING INC.Owner and director: Michael Lipe Address: 1540 S. 16th Section Road, Monticello 71655 Phone: (870) 367-1338 Hours: By appointment Start-Up: August Medical Management & Consulting Inc. offers electronic medical billing and practice-management services to area physicians, dentists Dentists can refer to one of the following:
"Health care providers are drowning drowning /drown·ing/ (droun´ing) suffocation and death resulting from filling of the lungs with water or other substance. drowning, n asphyxiation because of submersion in a liquid. in a sea of red tape and paperwork imposed upon them by the insurance industry that is tying up their valuable time, delaying their reimbursements and hurting their cash flow unnecessarily," said Michael Lipe, director and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "We are the solution to these problems. The key, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Lipe, is electronic claims processing electronic claims processing Electronic billing The electronic–ie, by modem–submission of a bill to third-party payers, for physician services rendered , with a difference. "Many health care providers routinely file their Medicare claims electronically," Lipe said, "but most still file their claims to commercial insurance carriers manually on paper forms through the mail. These commercial carriers represent the bulk of their business. This antiquated process results in significant delays, errors and, ultimately, denied claims that have a negative impact on the providers' bottom line." When filed electronically, claims are routinely paid in seven to 21 days, while standard claims processing can take 45 to 90 days, Lipe said. The service MMCI MMCI Michigan Municipal Clerks Institute MMCI MacDonald Management Consulting International Ltd (Calgary, Canada) MMCI Memory Management Control Interface MMCI Multi Media Card Interface MMCI Macromedia Certified Instructor provides saves practices several dollars on each claim filed electronically, according to Lipe. "This represents a dramatic improvement to cash flow and the financial well being of the practice," he said. He offers to prove the savings by running a computer analysis using a practice's own figures. In addition to electronic claims filing, MMCI offers full practice management, which includes posting of payments received from insurance companies, filing of claims with secondary and tertiary tertiary (tûr`shēârē), in the Roman Catholic Church, member of a third order. The third orders are chiefly supplements of the friars—Franciscans (the most numerous), Dominicans, and Carmelites. insurance, and billing of patients for any remaining balance after insurance has paid its share. MMCI also offers monthly practice management reports to help providers make crucial business decisions regarding their practices. |
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