Founded more than 14 years ago as a local Medical Practice Management company who worked with area physicians to perform revenue cycle management across a variety of systems. In a time when the medical industry faces massive changes, especially when it comes to reimbursement, ProMD has been a key partner to medical practices – assisting them to continue to grow and increase their receipts (income) in the majority of cases up to 35%.
Due to a high level of customer service and constant efforts to maximize client’s revenue, it has resulted in a high client retention rate. ProMD’s has a proven record of surpassing MGMA’s key performance benchmarks such as; AR 120+ days < 18%; collection rate > 90% at 6 months and > 95% at 9 months – resulting in an accelerated cash flow for hardworking medical professionals.
ProMD’s model is structured to create a partnership instead of a vendor relationship. We share financial risks with our clients since compensation is directly related to their financial success. No ProMD services are outsourced. We have ProMD has enabled its client base to expand both nationally and internationally to Louisiana, Pennsylvania, Vermont, Virginia and St.Croix just to name a few.
For all of this, we are very happy to share with you that ProMD has been nominated as one of the Top Entrepreneurial companies by the Miami Chamber of Commerce.