 |
We Make Lytec Medical Billing Sofware Mobile |
 |
|
|
|
ProxyMed Clearinghouse
To
sign up for electronic claims,
you will need to fill out the necessary information
in the "Electronic Claims Setup Packet."
To download this packet in Adobe Acrobat "PDF"
format, click on one of the following buttons:
|
|
|
|
You can save over $5,000 a year with a $79 monthly
fee of unlimited electronic claims from ProxyMed!!!
|
| |
|
ProxyMed's Electronic Claims
Filing is HIPAA Compliant.
|
|
ProxyMed Electronic Claims Filing Service
for Medicare, Medicaid, Blue Cross, Blue Shield
and Commercial Carriers:
|
|
Providers
|
Price
|
|
1
|
$79.00 per month
|
|
2-5
|
$158.00 per month
|
|
6-10
|
$250.00 per month
|
|
10+
|
Call 866-372-3616 for Special
Pricing
|
|
|
| Enrollment
Fee |
$199
|
Printed
Claims
|
$0.47
per claim
|
| Electronic
Patient Statements |
1st
page: $0.67
Additional pages up to 4: $0.17 |
Electronic
Remittance Advice
|
Free
for Medicare
$29/month/practice for All other Payors
|
Payers
|
900
|
| New
Host Status Transmission |
Modem |
| Software
Requirements |
Lytec
Medical 2006 or Higher |
Billing
Services, radiology, and laboratory are not eligible
for flat/multi-physician pricing. Pricing for
these sites is 0.39 per claim with FREE Commercial
Claims. Paper claims are an additional 0.39 cents
per claim for all price plans.
A twenty-four
(24) month Electronic Data Interchange Customer
Contract between McKesson and the Provider is
required reflecting End User Rates above.
Providers
who currently have an effective Electronic Data
Interchange Customer Contract and who choose to
authorize McKesson to electronically debit their
checking account or charge their credit card for
monthly fees by no later than March 1, 2005, shall
be offered the reduced End User Rate for Electronic
Claims/Encounter Submission (flat fee pricing)
of $72.00 per provider per month for a one provider
practice, $144.00 per practice per month for a
2-5 provider practice, and $228.00 per practice
per month for a 6-10 provider practice. Such reduced
End User Rate shall be applied to the provider's
account effective thiry (30) days following 2K
Medical's receipt of the provider's fully completed
ACH Debit Authorization form.
|
|
ProxyMed
Acquires MedUnite From Nation's Seven Largest
Payers
FORT
LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 2, 2003--
Acquisition Adds 90 Million Healthcare Transactions,
30,000 Physicians and Almost $20 Million in Annual
Revenue, Bringing Preferred Relationships With
the Industry's Largest Payers ProxyMed, Inc. (Nasdaq:PILL),
a leading provider of physician office transaction
processing services, today announced that it has
acquired 100% of the capital stock of MedUnite,
Inc., a private company founded by seven of the
nation's largest health insurers, for $10.0 million
in cash and $13.4 million in 4% convertible debt.
MedUnite shall be operated as a wholly-owned subsidiary
of ProxyMed.
This
acquisition unites ProxyMed's physician claims
platform -- the nation's second largest -- with
MedUnite's real-time Internet-based platform --
one of the largest in the industry. In conjunction
with the acquisition, ProxyMed has formed a strategic
relationship with McKesson Corporation (NYSE:NDC)
to process claim and real-time transactions generated
from the 100,000 physician clients on their Lytec
and MediSoft practice management solutions.
The
acquisition of MedUnite by ProxyMed will create
an organization with over:
- $70
million in annual revenues
- 140,000
physicians and other healthcare providers
- 200
million healthcare transactions processed annually
"ProxyMed's
acquisition of MedUnite will create the nation's
second largest physician-based transaction processing
company, second only to WebMD (Nasdaq:HLTH). We
are excited by this opportunity to significantly
grow our business while expanding our relationship
with our payer partners and McKesson," said
Michael Hoover, Chairman and CEO of ProxyMed.
"The
strategic relationship between McKesson and ProxyMed
for physician claims transactions and automated
enrollment processing will significantly benefit
both companies," said Walter M. Hoff, Chief
Executive Officer of NDC Health. "ProxyMed
has built a solid and seamless network of physician
and institutional connectivity solutions with
excellent customer service levels. The addition
of MedUnite's suite of products and services truly
creates one the industry's most impressive offerings."
The process to select the purchaser of MedUnite
was extremely competitive and involved many of
the major industry players. Among other reasons,
ProxyMed was selected due to (i) its existing
relationships with each of the founding seven
insurers, (ii) its industry leading FOCUS program
for converting paper submitting physicians to
electronic transactions, and (iii) its ability
to provide a full service alternative platform
to the payer and provider marketplace, one of
the goals of MedUnite's founders.
In
addition, ProxyMed will expand and build on MedUnite's
state-of-the-art network platform for processing
real-time transactions. That network has direct
real-time connectivity to all seven founders for
processing transactions such as eligibility, claims
status, referrals and authorizations. ProxyMed
plans to cross-sell these new transactions to
its existing 110,000 physician clients, creating
a large potential for transaction growth.
"This
is a major step forward in ProxyMed's long-term
strategy to become the leading provider of transaction
processing capabilities in the healthcare industry,"
said Braden Kelly, Partner with General Atlantic
Partners and ProxyMed Board Member. "Given
MedUnite's payer founders and the investment they
have made in the company and its technology, it
is a unique asset in the industry. Through this
transaction, ProxyMed has solidified relationships
with its payer partners, significantly expanded
its physician network base, and expanded its real-time
transaction processing capabilities. We are enthusiastic
about the potential of the combined company."
"With
the MedUnite technology established, the MedUnite
founders wanted to expand the availability of
the technology to the maximum number of physicians
as quickly as possible. After a rigorous evaluation
process, the founders decided to merge MedUnite
into ProxyMed as the best way to achieve the critical
mass needed to maximize physician adoption for
these new and important services," said Jay
Gellert, Chairman of the Board of MedUnite and
Chief Executive Officer of HealthNet.
|
|
|
|
| |