Medical Review Solutions Profile
Medical Review Solutions started in 2002 and quickly grew to become a leader in the hospital & medical bill review sector of the healthcare industry.
The high cost of healthcare, combined with the complexity of the billing system, has become a major concern for payers. Furthermore, payers are becoming acutely aware that healthcare bills often contain substantial errors. This awareness has become especially prevalent since the subject of overcharges has become an issue at the center of local, regional and national media attention.
Although payers are aware of the problem most lack the specialized knowledge and skill to do bill review themselves. Many are turning to Medical Bill Reviewers to handle the review process on their behalf.
About Us
With a background in establishing EDI systems for healthcare applications, Medical Review Solutions is well versed in the healthcare industry as a whole - especially in cost reduction and containment strategies.
We keep our fingers on the pulse of what is happening in the healthcare industry to insure we position ourselves on the leading edge. As payers were becoming more aware of the immense and costly problem of billing errors, Medical Review Solutions quickly realized there would be a need for Medical Bill Reviewers. With this in view, we designed powerful software tools and a comprehensive training program to educate and equip individuals to enter this field. With the tools and step-by-step training we provide a person can now join this growing and dynamic profession.
With baby boomers aging, overall healthcare expenditures continue to escalate. The good news is: the demand for bill review services is growing right along with it.
Mission Statement
1. To provide an opportunity for the economic and professional growth of our Licensees/Solution Providers.
2. To continually conduct innovative research and develop leading edge strategies and technologies in the field of hospital & medical bill review.
3. To provide an environment for the growth and career development of our employees.
4. To be a contributing factor in solving the problem of the high cost of healthcare by directly addressing billing errors and other cost reduction issues.
Philosophy
Our overall philosophy is really quite simple and practical. We endeavor to provide a viable and cost effective solution to a specific targeted problem. Furthermore, the solution we provide must be measurable.
There is a huge problem in the healthcare industry. This problem accounts for over $10 billion dollars per year in inadvertent billing errors. When waste and abuse are added in, the amount rises to over $100 billion. This increases the overall cost of health care and at the same time decreases the quality of care.
Although identifying a problem is well and good it is not nearly enough. Discovering problems is only step one. Providing tangible solutions is what defines us and our Licensees/Solution Providers.
Healthcare payers have a problem and we provide a solution to their problem. What is the solution we provide? We provide software tools and training to individuals so they can become Medical Bill Reviewers and work with the payer community to insure they are being billed correctly for healthcare.
This is a very valuable service to payers because with the right tools and training a Medical Bill Reviewer can save a payer thousands, and in some cases, millions of dollars, in healthcare expenditures. For obvious reasons payers are interested in these substantial savings.
http://www.linkedin.com/companies/medical-review-solutions-inc.