Galen Advisors Partners with Florida Medical Association
ATLANTA, April 14 /PRNewswire/ -- Galen Advisors, a leading provider of revenue management solutions for physicians, today announced a partnership with the Florida Medical Association (FMA) to become the sole supplier of Revenue Cycle Management services as the company continues expansion in the Sunshine State.
The Florida Medical Association (FMA) represents more than 20,000 physicians on issues of legislation and regulatory affairs, medical economics and education, public health, and ethical and legal issues. FMA advocates for physicians and their patients to promote the public health, ensure the highest standards of medical practice, and enhance the quality and availability of health care across the state.
"Today, more than ever, physicians have a critical need to gain control of their Revenue Cycle," stated FMA Executive Vice President, Tim Stapleton. "Galen Advisors can help streamline the billing and collections within a practice, allowing physicians to spend more time focused on patient care."
Galen's healthcare industry veterans handle the complete Revenue Cycle, from charge capture to payment posting and cash reconciliation to patient collections. The entire Revenue Cycle is streamlined resulting in higher revenue, improved cash flow, faster collections, and lower costs. Galen automates the Revenue Cycle using a progressive Practice Management system that includes real-time reporting with customized Practice Analytics at no additional charge.
"Given the complexity of our healthcare system, most physicians leave over 20% of their revenue uncollected," said Jere Pittner, Galen Advisors CEO and co-founder. "We help our clients capture that lost revenue by improving their claims, collections, and reporting processes – while staying on top of industry and regulatory issues," concluded Pittner.
Galen Advisors will be exhibiting at the 2010 Florida Medical Expo, August 13-14 in Orlando. Physicians and practice managers are invited to learn more about our offerings by visiting www.GalenAdvisors.com.
ABOUT GALEN ADVISORS
With over $130 million in annualized collections, Galen Advisors provides full-service Revenue Cycle Management, real-time Practice Analytics, and Strategic Advisory services for physician practices. Founded by a renowned physician and a veteran practice manager, Galen Advisors helps medical practices improve efficiency and profitability – freeing clients to focus on giving the highest level of patient care.
Our seasoned administrators provide professional oversight of practice management that quickly results in higher net revenues, improved cash flow, faster collections and lower costs. What's more, clients gain instant insight into practice profitability and performance with Galen's Practice Analytics digital dashboard and reporting solution. For more information, please visit www.galenadvisors.com
SOURCE Galen Advisors