Medical Administrative Professionals, LLC engages Zotec Partners in exclusive new revenue cycle management agreement

In a recent press release, Zotec Partners (Zotec), the industry leader in radiology revenue cycle and practice management services, announces an exclusive revenue cycle management (RCM) agreement with Medical Administrative Professionals, LLC (MAP), the management services organization of Denver-based Diversified Radiology of Colorado, PC (DRC).

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DRC is a 55-radiologist practice that has undertaken billing in-house for several decades. In the new arrangement, MAP will employ Zotec’s RCM expertise, services and analytical tools to monitor data and contribute to the growth of the radiology practice, according to the release.

Discussing the reasons to outsource DRC’s billing operation, Kip McMillan, MAP’s CEO, notes that aside from Zotec’s demonstrated expertise in the radiology market and high-performance RCM technology, cost and effectiveness were main drivers for the switch. “Diversified Radiology is in the business of delivering high-quality diagnostic imaging services, and this strategic decision allows us to lower our business costs, gain access to up-to-date revenue cycle and analytics technology, and focus on our core clinical strengths.” A desire to add value to its business relationships using new tools was key to MAP’s selection of Zotec. McMillan continues, “An example of value-add is our desire to deliver the optimum diagnostic services and subspecialty mix to all of our partners, which is a complex and ever-changing balance of supply and demand. Zotec’s ZiPP tool for physician productivity and workflow will enable us to optimize our staffing and slot opportunities, which ultimately means greater efficiency and effectiveness.”

To continue reading the press release in full, click here.

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