Startup aims to help private emergency medicine practices with billing: 3 things to know

A new startup, based in Nashville, Tenn., has launched to help private emergency medicine practices nationwide with medical billing, according to The Oklahoman.

Here are three things to know about the startup.

1. The startup, Emergency Physician Partnerships, was founded by Christopher Kelly an Oklahoma City native and attorney with two decades of experience at several healthcare companies. Mr. Kelly also serves are CEO of the company.

2. Emergency Physician Partnerships will bill and collect for emergency physician practices and negotiate rates for them with payers, Mr. Kelly told The Oklahoman. "We'll offer them financial liquidity; some stock in the business; and, most importantly, total clinical independence to preserve their own professional medical judgment and decide which facilities to work at, which doctors to recruit and more," he added.

3. Claritas Capital Equity Group, a Nashville-based investment firm, has granted Emergency Physician Partnerships access to more than $25 million to close the acquisition of emergency medicine physician practices, which is expected to start this year, according to the report.

 

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