MedOptima specializes in profit maximization for physicians. We offer a complete package of cost-effective services based on industry-leading best practices, which are designed to transform physician groups with suboptimal business performance into "better performers" as identified by the Medical Group Management Association (MGMA). MGMA data has demonstrated that better performer medical practices have markedly higher profitability than their counterparts—29 percent better.
MedOptima dramatically improves the profitability of our clients. On average, our clients experience an 10 percent increase in revenue after one year.* This is accomplished through a unique portfolio of expertise, sophisticated software, world-class business tools, and turnkey solutions that:
| MGMA Median* | MGMA Better Performer* | MedOptima Client Median (non-ER) | |
| Days in Accounts Receivable | 43.9 days | 33.3 days | 34.3 days |
| MGMA Mean* | MGMA Better Performer Mean* | MedOptima Client Mean (non-ER) |
|
| Net Collection Percentage | 96.7% | 100% | 100% |
| Industry Mean | MedOptima Client Mean (All Clients) |
||
| First Pass Clean Claims | 90 - 92% | 98.4% |
* MGMA 2008 data for multi-specialty including primary and specialty care, not hospital owned.
Profit optimization requires that physicians control costs, improve billing and collections, and develop new profit centers. Only MedOptima is able to provide physicians with a complete, proven package of services to address these issues.
MedOptima is the ideal strategic business partner of small to large-sized medical practices that want to elevate the performance of their practice through the use of best business practices.
Using our proven approach to appropriately maximize revenue and profitability, the MedOptima team is optimizing the performance of medical practices in these specialties: