Hospitals and outpatient clinics are in a crisis. Due to increasingly complicated, ever-changing regulatory rules governing Medicare and Medicaid billing, healthcare providers are losing revenue to denied medical claims. Since most hospitals and clinics handle billing in-house, many are drowning in denied claims and unpaid bills — until now. Millin Associates (www.millinmedical.com) — the leader in medical claims denials — has fused traditional business practices and cutting-edge technology to revolutionize the field. And a growing number of prestigious institutions are signing on — including Albert Einstein College of Medicine and the New York College of Podiatric Medicine.
In 2003, Sol Weiss acquired Millin Associates LLC (formerly Millin Medical), a 26-year old industry leader. Young, tech-savvy — and having worked in his parents’ homecare agencies — Weiss had a plan. He implemented spreadsheets allowing him to import 100,000 claims simultaneously. He then developed an innovative software program using new servers and technology — creating a web-based, simple, practice management/billing system. Millin began offering clients a 6-week turnaround (the industry standard was three months.) Additionally, all payments go directly to the facility — which clients love. Utilizing unique invoice numbers, there is a record of Millin’s efforts — and all recovery is done on a contingency basis.
Millin’s consulting arm provides CFOs with complete financial reports analyzing the source of denials, allowing them to analyze in-house processes and act on inefficiencies. Large hospitals and clinics — always conscious of the bottom line — need this transparency. Today, Millin is recommended by many leading law firms, accounting firms, and independent auditors.
Millin is a member of HFMA, CHCANYS, The Coalition of Voluntary Mental Health Agencies, Alcoholism and Substance Abuse Providers of NY State, among others. Millin is HIPAA-compliant and processes denials/current billing for Federally Qualified Health Centers (FQHC), primary care centers (Article 28), ambulatory surge centers, mental health facilities (Article 31), substance abuse facilities (Article 822), OMRDD facilities, and foster care agencies.
Meyer Futersak, head of Marketrend Media, who represents Millin, states, “Millin’s cutting-edge software, first-rate service, and range of services speaks to even the largest hospitals.” Weiss is optimistic about Millin’s potential. “We ask service providers, ‘If you’re in New York and you’re losing money, why not call us? We’re large enough to handle your claims, but small enough to provide personalized attention.'”
For more information, contact: Marketrend Media (718) 781-0549
SOURCE: Millin Associates
Comments