Winter Springs, Fla. (Aug. 28, 2015) — Med-Bill Inc., based in Winter Springs, has launched a new web site designed to help medical practices incorporate new ICD-10-CM standards, or the International Classification of Diseases, Tenth Revision, Clinical Modification.
Louie B. Hilal, chief executive officer at Med-Bill, said doctors offices are required to comply with the new ICD-10-CM codes to document diagnoses, and they are looking for easy solutions.
Hilal said the differences between ICD-9 and ICD-10-CM standards are significant and management staff at physician practices need to educate themselves about the major change before the compliance deadline.
“For health care providers, billing codes can be one of the most irritating and confounding elements of a private practice,” Hilal explained, adding “and most training systems on the market are either too expensive or too rudimentary to fit individual or group needs.”
Hilal said Med-Bill’s online ICD-9 to ICD-10 converter is free, fast and an effective way to reduce the problems that come with the change-over which will impact all physicians.
“We have formed dynamic partnerships with several software providers so we can optimize billing systems without interruption or lost data,” he said.
Med-Bill does all its billing work in-house. “We’re located right here in Central Florida, we focus on Central Florida medical practices and we can respond to an issue, a question or a new development immediately and with familiarity,” Hilal explained.
Med-Bill, Inc. is a client company of the UCF Business Incubation Program in Winter Springs.
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About Med-Bill, Inc.
Med-Bill Inc. is medical billing and coding company. Headquartered in Winter Springs, Fla., Med-Bill has been providing claims management services for over 13 years . Focused on improving accuracy and efficiency, Med-Bill Inc fast, easy and affordable tools empower providers to reclaim lost productivity and protect cash flow by minimizing denials that are forecast to increase with the implementation of ICD-10.
For more information visit us at www.med-billflorida.com or call 407-588-7243
About the UCF Business Incubation Program
The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth / impact enterprises. Since 1999, this award-winning program has helped hundreds of local startup companies reach their potential faster by providing vital business development resources.
With seven facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Apopka, Kissimmee, Orlando and Winter Springs. Participating companies sustain more than 3,600 local jobs and have had a total impact of $1.51 Billion on regional sales and $2.48 Billion on regional economic output. During the last fiscal year, the program has returned $7.95 for every $1.00 invested in the program.
For more information, visit www.incubator.ucf.edu.