As we welcome 2023, MD Logic is pleased to report that 2022 recorded another year of growth for software licensing, software support and RCM services. The software licensing and services includes the MD Logic EHR Cloud Software, MD Logic EHR/PM Cloud Software and MD Logic Revenue Cycle Management Services.
Since healthcare providers are being required to do more in less time, these providers must adopt technology that will increase productivity and drive revenue. To accomplish this task, MD Logic is focused on delivering more value in terms of time savings to physicians and their staff in 2023. The time saved would be used to see more patients which will drive more revenue for the medical or surgical practice. As reimbursement is being reduced by the insurance payers, our clients are reducing their overhead by reducing their staff and implementing the MD Logic RCM services. Gone are the days of recruiting and maintaining staff to manage the billing and collections for the practice.
The MD Logic RCM (Revenue Cycle Management) services provides all the professional claims coding, claims scrubbing, electronic primary claims submissions, secondary claims submission, posting of payments, appeal of claim denials and patient billing to ensure the very best ROI for the practice. The medical or surgical practice is charged a flat percentage fee based upon the total number of dollars collected for the practice each month. As the trend in healthcare to outsource the billing and collections continues, MD Logic is forecasting an accelerated growth with the MD Logic RCM services division.
As the leading U.S. provider in high performance Electronic Health Records Software, Practice Management Software and Revenue Cycle Management Solutions, MD Logic offers turn-key solutions for healthcare professionals.
To learn how MD Logic can reduce your overhead, increase efficiency and maximize profitability, please contact our corporate headquarters today at 800-273-7750.