MDS (Medical Data Systems, Inc.)

MDS (Medical Data Systems, Inc.) is a privately held company that specializes in healthcare receivables management solutions. Founded in 1985 and incorporated in 1988 by two individual owners, the company has established itself as a trusted partner in accounts receivable for over 600 individual healthcare facilities nationwide. MDS offers a range of services including extended business office/early out services, self-pay recovery, insurance recovery and claims resolution, self-pay bad debt collections, and systems conversion projects.

MDS differentiates itself by combining a team of seasoned collection professionals with state-of-the-art technology, facilitating efficient and effective recovery services. The company's proprietary systems are highly flexible and integrate with various hospital patient accounting systems, harnessing the power of artificial intelligence and robotic process automation to streamline decision-making and focus on complex recovery opportunities.

Notably, MDS has a unique approach to insurance identification resulting in greater collections, pursues all accounts regardless of balance, and achieves successful collections without patient complaints. The company's extensive reports suite, automated processes, and AI technology contribute to increased efficiencies and rapid account resolution.

Moreover, MDS offers convenient payment options including online tools, mobile apps, and QR codes on patient-friendly statements. The company's solution-oriented collection approach aims for patient retention, automated and personalized assurance for payment plans, and follow-ups to meet expectations.