CureMD/Transworld Form Alliance to Maximize Collections for Medical Practices

New York. CureMD Corporation, the leading provider of web based electronic health records (EHR), practice management, patient portal and revenue cycle service, and Transworld Systems Inc., the industry leader in profit recovery and an Adminiserve partner of MGMA, announced an alliance to enable over 6,000 physicians to experience increased collections and significant returns on their investment.

"CureMD’s billing service has given our practice the control we craved to have over billing and claims, but we missed out on receivables once our delinquent accounts went into collections," said Jon Kearney, revenue cycle manager at a five physician oncology practice in Brooklyn, NY. "To address this CureMD has introduced us to Transworld, so we can recover on our past due accounts."

“This alliance will provide thousands of medical practices with an efficient and successful collections process for delinquent self-pay and insurance claims; resulting in a combined return of millions of dollars to their practices with a return on investment of over 800 percent” said Steven Wener, Account Executive at Transworld Systems.

"There is an ever greater need for increasing collections in medical practices especially as the current trends in health-care pose new challenges," said Jean Gabriel, Director Alliances at CureMD. "CureMD’s billing services add additional value that our award-winning solution brings with a predictable system for collections.”

CureMD delivers a superior combination of all-in-one EHR, practice management & patient portal solution with innovative services like discrete reportable transcription (DRT), compliance advisory and billing services to help providers practice meaningful use, increase collections, receive incentives and subsidy payments to maximize value and returns.