Mid-Vermont Medical Billing was using an automated system for their billing functions but they quickly discovered that the software was not measuring up to an increasing client Load so to overcome this problem they decided on to go with NueMD, an Internet-based practice management solution with billing and claims transmittal capabilities.
By switching to NueMD, Mid-Vermont realized the following quantifiable results:
- Monthly subscription costs reduced from $150/month/client to $50/month/client. An annual savings of $13,200
- Elimination of processes that had been handled manually with the old system.(tracking claims, printing and mailing statements, etc.) An annual savings of $6,540
- Accounts Receivable decreased by $2,000/month. An annual savings of $24,000
- Time savings of more than 40 hours/month preparing patient statements
- Time savings of 20 hours/month generating reports for clients
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