Like many doctors, one of your most valuable but frustrating assets is your insurance Accounts Receivable. It doesn't seem fair to not get paid for services honestly rendered. We make sure you get paid the maximum extent possible. We help our clients, doctors just like you, recover tens of thousands of dollars in uncollectible insurance A/R. We turn old, unrecovered funds into real bottom line assets. This is money in your bank that wasn't there before and was very likely never going to be. Just as a quick example, here are some of the recoveries collected:
- Nephrology practice: $446,310
- Cardiology practice: $538,469
- Orthopedic practice: $364,693
- Family practice: $223,431
This issue is on a crisis level for so many practices. And, it's why practicing medicine has become so challenging these days. We have a 16 year, proven track record of remarkable recovery. Our unique and proprietary system takes a forensic approach to one of the most vexing problems in practice management. We are NOT a collection agency, but a firm that thoroughly understands claims, coding, and most importantly we have a very skilled and talented specialist team that handles this on a daily basis. With a 98% client retention rate, they are definitely doing something right and good. Here are a few key differentiators:
- Entirely unique approach to A/R recovery
- Sophisticated proprietary algorithmic technology
- Recover a very high percentage of A/R
- Detailed sample A/R recovery report in 48 – 72 hours
- Zero upfront cost
- Post recovery prevention of A/R build-up – increased cash flow
- Founder and CEO: CPA, MBA
- Broad corporate business background
- Revenue loss detection for multi-billion dollar public and private companies
- Extensive experience at Ernst & Young, focused on business forensics
- 16 years of experience, 6 offices and a staff of over 60
Here's a 3-1/2 minute video from a previous client, the C.O.O. of a major orthopedic practice with $3 million in A/R. Their experience was so validating, that he agreed to make a video so every practice would know what can happen:
If you'd like to know more, just contact me. I'll call so we can schedule a time for you to meet one of the executives of the firm and you can get your questions answered. We will prepare a free detailed analysis from a sample of your own A/R. You will see exactly why each claim was denied and precisely what needs to be done to recover those funds. The figures speak for themselves and will confirm for you that you no longer need to write off significant amounts of insurance A/R.
Nephrologist – Houston
BAMD was my attempt at reducing my workload and improving my quality of life as a solo practitioner. I achieved both of those goals by working with BAMD, but I also had the unexpected benefit of improved cash flow and less stress. The precision of the BAMD methods allowed me to relax, knowing that if I forgot to bill a patient or incorrectly coded a chart, BAMD would quickly alert me, leading to peace of mind. BAMD is always accessible and we especially love their monthly emails alerting us to new codes and suggestions to improve cash flow.
Interventional Cardiology Practice – Denver
Kash and his team are extremely knowledgeable not only about billing but business in general. It’s very refreshing to have a billing company not only take care of the billing, but to advise us on ensuring we are capturing every dollars owed to the practice. They started with front-desk training, reviewing charts and constantly giving us feedback on how to maximize our revenue.
Rheumatology practice – Dallas
BAMD is an important member of our team. The practice utilizes modifiers extensively. Therefore, coding knowledge and accuracy are very important to us and BAMD knows how to deal with all aspects of our billing so that all claims are processed correctly and we get paid correctly.
Internal Medicine – New York
We had engaged BAMD to come in and clean up our A/R that our current billing company neglected to collect. We were amazed at the very detailed approach they took to let us know exactly why each claim was not paid, but furthermore they provided very detailed action items we could take back to our billers to rework those claims. We collected about $250,000 in old A/R. Needless to say we switched to BAMD soon thereafter and wish we were referred to them sooner!
Hospitalist Group – Los Angeles
BAMD was instrumental in helping us set up our company, get us credentialed quickly with the payors we wanted to be in network with, and also helped us get hospital privileges. They trained us in properly coding our encounters and have a paperless way of capturing our facility charges so we’re not having to carry charges and gather patient facesheets for them and then fax them in. They are very sophisticated in what they do, and we are very happy with not only collections but how quickly we get paid.
Anesthesiology Group – Chicago
We have been working with BAMD for over 6 years. The billing is completed within 24 hours and this helps extremely, in not only receiving reimbursements quicker, but in a more predictable fashion. We would recommend BAMD to any new doctor or existing practice to help facilitate their billing needs, improve their cash flow, and reduce their overall overhead costs.
Gastroenterology Group – Fort Worth
BAMD was a ray of sunshine into our practice. From the very first time we met with their CEO, we knew we were going to be taken care of, and taken care of by a team who not only knew what to do, but a team that was passionate about their work. Fast forward 8 years, the stability in our billing and coding has allowed us to grow from a 2-provider, single location practice to a 18-provider multi-location practice.
Sincerely and with gratitude,
Joseph P. Tufo
Certified Cash Flow Consultant, Certified Capital Specialist, Certified Trainer MedXPrime
MedXPrime, Commercial Loans, Business Funding, Cost Segregation, R&D Tax Credit, Property Tax Mitigation, Accounts Receivable Recovery, PGX Testing, and More...
Providing Honest Answers in a Timely Manner No Matter How Difficult the Situation
Trust, Integrity and Service Here Today Here Tomorrow
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