AdvantEdge
Healthcare Solutions (AHS), one of the nation’s leading providers of medical
billing and practice
management services, today announced that it has acquired Medical
Account Services (MAS), the premier anesthesia billing company
throughout Ohio. This agreement will expand AHS anesthesia billing and
practice management operations, and enable the Company to serve
additional anesthesia clients in Ohio. David Ackley, CEO and Founder of
MAS, and recognized industry expert in anesthesia billing, will join the
AHS team. Michael Monea, noted anesthesia billing and practice
management expert, will continue his role providing MAS clients with
consulting and practice management services.
“More money, faster. Practice financial data, available anytime,
anywhere. Regulatory compliance, guaranteed. And, Client
First service.”
“Adding MAS’ well-known management team and its extensive roster of
clients will further enable AHS to leverage our technological
capabilities, increase processing efficiencies, and maximize performance
for all of our clients,” says David
Langsam, President and CEO of AHS. “This acquisition reinforces AHS’
strategy to grow through partnerships with like-minded, hospital-based
billing companies that serve our key target markets, and in this case,
specifically anesthesia. We look forward to building on the foundation
established by David Ackley and his team, and continuing to deliver the
highest-quality billing solutions to all of our current and future
clients.”
With almost 15 years serving Ohio anesthesiologists, MAS fits perfectly
within AHS’ state-of-the-art technology platform. It efficiently
collects financial information and speeds the reimbursement of
third-party claims and patient payments. This enables anesthesia
providers to maximize revenue and decrease its billing and practice
management costs. The Dayton office will continue to support the Ohio
client base and potentially provide services to additional AHS clientele
as well.
“We are excited about joining AHS, and the opportunity to bring
additional technology and solutions to our clients. The stability and
breadth of AHS’ technology will ensure our clients continue to enjoy
best-in-class service and outstanding financial results,” says Ackley.
“The merging of our businesses will also deliver AHS’ outstanding
Web-based reporting and dashboard tools to MAS clients. MAS’ extensive
consulting and practice management expertise will enable AHS to expand
those services for its clients.”
Today, fewer than 20 percent of physician practices outsource their
billing and practice management. AHS’ proprietary software supports an
optimized workflow for specialist physician billing and leads to
improved revenue for their physician clients. The powerful billing
technology runs on IBM System servers. AHS is the exclusive IBM
VIP Business Partner for physician billing.
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