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Some providers outsource their medical billing to a third parties, known as medical billing companies, which provide medical billing services. One goal of these entities is to reduce the amount of paperwork for medical staff and to increase efficiency, providing the practice with the ability to grow.
Medical outsourcing is a business process used by organizations like hospitals, nursing homes, and healthcare provider practices to obtain physician, nursing, healthcare technician, or other services in a managed services model.
TeamHealth was founded in Knoxville in 1979 by Dr. Lynn Massingale. [4] [5] The company began as Southeastern Emergency Physicians, the predecessor to TeamHealth, when Dr. Massingale, then an emergency medicine physician at the University of Tennessee Medical Center, earned the staffing contract in the emergency department at the medical center. [6]
A hospital or provider organization desiring to set up its own health plan will often outsource certain responsibilities to a third-party administrator. For example, an employer may choose to help finance the health care costs of its employees by contracting with a TPA to administer many aspects of a self-funded health care plan.
CHMB Inc. is one of the largest California-based companies that provide business services for doctors and physician practices. [1] [2] It was one of the first businesses of its kind. [1] CHMB is an acronym that means California Healthcare Medical Billing. [3] CHMB Inc. is based in San Diego and was founded in 1995 by CEO Bob Svendsen and ...
The chargemaster may be alternatively referred to as the "charge master", "hospital chargemaster", or the "charge description master" (CDM). [4] [5] It is a comprehensive listing of items billable to a hospital patient or a patient's health insurance provider. [3] [6] It is described as "the central mechanism of the revenue cycle" of a hospital ...
EmCare Holdings Inc., or EmCare, was a United States provider of physician practice management services for emergency departments, inpatient physician services or hospitals, acute care surgery, trauma and general surgery, women's and children's services, radiology / teleradiology programs, and anesthesiology services. Founded in 1972, EmCare ...
A market has emerged for outsourced billing providers who specialize in electronic billing processes and technology for companies that need to send bills directly to their customers. [ 4 ] Bank-aggregator – where a payment is made at an aggregator or consolidator site, usually from a consumer's bank's website .
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