Medical billing and reimbursements company MediGain and Nextech, a provider of specialty-focused health care technology solutions for physician practices, are partnering to help specialty practices increase efficiency and profitability through enhanced billing and revenue cycle services.
Leveraging both MediGain’s reimbursement and billing support and Nextech’s practice management system, the large amount of data collected by Nextech’s platform allows MediGain to provide comprehensive analytics to practices through the use of its proprietary business intelligence technology.
"Through Nextech and MediGain’s partnership, my multi-physician, high-volume practice is averaging a 99.7 percent reimbursement rate," Dr. Bruce Glassman, Capital Dermatology, said in a statement. "For a practice to operate efficiently and successfully vendors have to work hand-in-hand, and I definitely think Nextech and MediGain have done a great job of creating a seamless solution."
Nextech will be the exclusive electronic medical record (EMR) and practice management (PM) solution for MediGain’s clients in the specialties of dermatology, ophthalmology, optometry and plastic surgery.
MediGain provides solutions for physician groups, provider networks, ambulatory surgery centers and hospitals to help them improve their business through improved operational, financial and clinical outcomes.
Nextech delivers consultative guidance, professional services and tools to help clients increase efficiencies while meeting their long-term business goals.
In addition, the company’s solutions integrate with value-added modules to create a single platform designed to streamline clinical, administrative, financial and marketing workflows.
"In an increasingly complex reimbursement environment, it is imperative that health-care providers are able to enhance revenue cycle capability to maximize the financial and operational performance of their practices," David Henriksen, president and CEO of Nextech, said in a statement. "We are excited to partner with MediGain to provide our clients with advanced claims, billing and reimbursement services. This partnership is a clear testament to our dedication to helping our clients increase efficiency and profitability to achieve their business goals."
MediGain’s cloud-based services, which include medical insurance billing, reimbursement and denials management, will leverage Nextech’s EMR and PM system to provide comprehensive revenue cycle services to its clients.
"We are proud to partner with Nextech to provide medical billing, reimbursement and revenue cycle management solutions for specialty practices," Greg Hackney, president and CEO of MediGain, said in a statement. "By combining Nextech’s top-tier practice management capabilities with our full-service billing and reimbursement services, we are able to help our clients remain effective, efficient and financially stable."