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Preferred Medical Marketing Corporation (PMMC)
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| Preferred Medical Marketing Corporation (PMMC) provides revenue cycle management tools to integrated healthcare delivery systems, acute care hospitals, critical access hospitals, academic physician organizations and multi-specialty physician groups. Helping find additional cash and creating more efficient workflow processes allow our clients to improve their margins so they can continue to serve their community. More on PMMC |
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Patient Estimations:
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| Patient financial responsibility is a growing percentage of every healthcare provider’s accounts receivable and the cost of collecting these funds continue to grow. PMMC offers a complete point-of-service payment solution. By determining the patients expected payment before the time of service, PMMC clients are able to increase cash collections and reduce patient bad debt. PMMC’s Interactive Workflow Messaging (IWM) integrates the registration, scheduling, benefit verification, estimate generation, financial ability to pay and collection through an automated workflow process. More on PMMC ESTIMATOR PRO |
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Contract Management:
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| Contractual underpayments and denials have been reported to equate to 4-8% of most providers revenue. PMMC provides Contract Management applications and recovery / collection services for the unique characteristics of each client. PMMC covers the full spectrum of providers’ revenue cycle needs from patient access to claims denials. In addition, our Analyzer Edition integrates patient accounting, reimbursement and administrative information and distributes that data enterprise wide for timely analysis and decision making to positively impact future performance. |
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Comparative Pricing, RAC and Operational Data
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PMMC offers a web-based subscription tool with market comparative data for indepth side-by-side evaluation of a hospital’s charges in comparison to its local market and/or national benchmarks. More on PMMC ONLINE PRICING
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Strategic Pricing & Net Revenue Modeling (CDM Rate Adjustment):
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PMMC's Net Revenue Modeling goes beyond measuring the financial impact of Chargemaster rate adjustments (price changes), but also considers other key variables such as market pricing position, cost data, and the hospital's actual payer contractual terms for more accurate net revenue modeling. More on PMMC REVENUEMASTER
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Flexible Budgeting & Cost Accounting:
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| While the revenue cycle is a critical focus, providers must also consider the impact of improved cost-management. By incorporating standard cost into the budgeting process, PMMC delivers a robust flexible budgeting application that requires no more maintenance time than your current fixed budgeting process. This allow management to consider current operating conditions to both your 'fixed' projection' as well as the 'flexed budget projection'. |
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Contractual Underpayment Identification & Recovery Services
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PMMC offers a contingency-based recovery service for commercial payers as well as Medicare Transfer account reviews. More on PMMC Recovery Services.
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