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MD Business Solutions, Inc.
The Radiology Practice Solution
MD Business Solutions, Inc. is a management service organization
positioned to offer complete turn-key services for radiology practices
with regard to the development of free-standing imaging centers or
specific imaging modalities within an existing practice. Services
include:
MD Business Solutions, Inc., provides assistance for evaluating
imaging opportunities including the following services:
Financial Modeling and Analysis - Review of our proprietary model for analyzing new business opportunities.
Strategic Planning - In-house expertise and access to consultants who specialize in the field of radiology and imaging center strategies.
Legal Consultation - Access to attorneys with expertise in radiology practices and free-standing imaging centers.
Negotiation of Purchasing or Leasing Contracts for Equipment and Supplies
- Expertise in the recommendation for the purchase and lease of
diagnostic equipment from all major vendors including MR, CT, PET,
ultrasound, mammography, and DEXA.
Space Planning, Design and Development
- Ability to assess current space situations and make recommendations
for new space; experience dealing with all types of space where
renovations are needed.
Construction Management - Access to multiple construction firms who specialize in construction of imaging facilities.
Managed Care Contracting/Credentialing
- Expertise negotiating and executing managed care contracts for
radiology groups (professional billing component) and free-standing
imaging centers (global billing).
Credentialing - Assistance with credentialing for medical personnel including physicians, nurses and technologists.
Licensing and Accreditation - Assistance with procuring state and federal licensing and ACR accreditation.
Operations Management and Compliance -
Proven success in both inpatient and outpatient group management,
operations of imaging centers and support of physicians working in
hospital-based radiology practices. Ensure practice compliance through
education and oversight of government regulations including HIPAA,
Medicare and Medicaid.
Teleradiology/PACS - 24-hour reading support transmittable via the Internet or dedicated phone lines; primary and secondary overreads.
Financial Services - Proven
expertise in accounting and benefits administration including
coordinating payroll, preparing monthly financial statements, and
tracking payables and billing performance statistics.
Billing and Collections
- Full-service billing including certified radiology coders and an
automated system resulting in fewer days in accounts receivable.
Marketing and Public Relations
- Assistance with marketing plan development and implementation to
deliver quantifiable results; includes business-to-business and
consumer advertising and PR, print material and educational information.
Medical Transcription - In-house transcription with 24-hour or less turn-around time utilizing radiology-trained, expert transcriptionists.
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