Published: August 01, 2011
Zotec Partners Lands Billing Services Renewal with Eastern Virginia's Leading Radiology Group
INDIANAPOLIS - (BUSINESS WIRE) - Zotec
Partners, an industry leader in medical billing,
practice management and Radiology Information Systems (RIS) software and
services, announces today that Medical
Center Radiologists (MCR) out of Norfolk, Va., signed a
five-year contract extension with the company to continue as its billing
services provider. Since 2007, MCR has relied on Zotec Partners to
combat rising costs and declining reimbursement, and has increased
collections year-over-year.
"The original reason for engaging Zotec Partners was due to the
combination of its service and software solutions," said Ted Dorsay,
DDS, MD, president of Medical Center Radiologists. "We look forward to
working with Zotec for the next five years because we truly consider
them to be a partner-not just a vendor of billing services. We not only
appreciate the outstanding relationship we have with our client manager,
but also our accessibility to the highest levels of the company's
executives."
MCR has more than 55 years of experience in advanced radiology
practice and has grown to become the dominant radiology group in Eastern
Virginia. The practice has 42 board-certified radiologists and was first
to introduce nuclear medicine scanning, angiography, computerized
tomography, ultrasonography, stone removal from the biliary tract,
digital angiography, angioplasty, MRI and PET/CT in the service area.
"Zotec Partners' Electronic Billing Center gives us direct
interaction with claims, removes manual processes and provides an
overall system of checks and balances that we never had access to in the
past," said Dorsay. "Armed with information generated from the Decision
Support software, we are able to forecast changes in our revenue in
these times of declining reimbursements. We look forward to our
continued relationship, especially in the challenging times ahead."
Zotec Partners' Decision Support data mining tool allows MCR to
have a finger on the pulse of the practice. The group monitors its
accounts receivables, denials, charges, payments, net collections
and gross collections by location. Reimbursement for specific
procedures, such as PICC lines or biopsies, is examined by carrier and
contract. This allows the practice to renegotiate contracts with
unfavorable payments for specific procedures and identify outliers in
reimbursement.
Zotec Partners also created a patient portal to allow MCR's
patients to access their accounts, keep insurance information up to
date, make credit card payments or set up time pay plans via the
Internet.
"With the rapid growth of Health Savings Accounts-which make
patients more accountable for their healthcare payments-online payment
portals and Interactive Voice Response (IVR) phone systems are becoming
an essential part of today's revenue cycle management environment," said
Scott Law, president and CEO of Zotec Partners.
Zotec Partners is a solutions firm serving the hospital-based
specialty market. The company offers a comprehensive suite of medical
billing and practice management tools and services designed to make
operations more efficient and productive in medical offices. Its
flagship product, the Electronic Billing Center (EBC) practice
management and billing software suite, serves 5,500 physicians in 45
states. Zotec Partners' EBC RIS software version 6.7 is certified for
Ambulatory Meaningful Use by the Certified HIT Product List under the
EHR Module product classification.
To learn more about how Zotec Partners is helping MCR combat
rising costs and declining reimbursement, read the full case study here.
For more information about the company, visit www.zotecpartners.com.
About Zotec Partners
Founded in 1998 by CEO, T. Scott Law, Zotec Partners is the
Indianapolis-based industry leader in medical billing, practice
management and Radiology Information Systems software and services.
Zotec Partners is committed to the continual pursuit of excellence in
the physician revenue cycle management industry by delivering effective
solutions through its innovative software, personalized service and
measurable client results. Currently, the company's software and
services are used by more than 5,500 physicians in 45 states. For more
information about Zotec Partners, visit www.zotecpartners.com.

Dittoe Public Relations
Megan Lawler,
317-202-2280 x13
megan@dittoepr.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News