BILLINGNETWORK.COM OFFERING ONLINE MEDICAL BILLING


March 30, 2001 – Sarasota, FL -- BillingNetwork.Com, a medical billing firm based in Sarasota, FL, is bringing on-line billing services to the medical community.

The company licenses a full Windows-based proprietary practice management software for use in all healthcare provider's office, clinics, hospitals, and medical equipment dealers, which connects via the internet to BillingNetwork.Com's wide-area network.

The system, says company president and C.E.O. Susan Lowrey, essentially eliminates the need for medical offices to allocate significant resources to billing, such as billing technicians and specialized computer hardware and software. The process, Lowrey says, is an improvement over traditional medical billing outsourcing methods. "In the past, when a healthcare provider out-sourced their billing, they would tend to lose control of it. BillingNetwork.Com is a patent-pending practice management system that allows clients real-time access to all data and reports," Lowrey said.

Additionally, Lowrey said, the network billing system integrates office management into a total package including scheduling, data entry, forms processing, billing, follow-up, report generation, and electronic claims submission.

BillingNetwork.com has been in business for 10 years and in the past two years have developed this revolutionary platform – which was implemented in January 2000. Their billing center is staffed with experienced personnel to file claims, do the follow-up and patient balance billing. There is no cost for purchase, upgrades or support of their software and no specialized hardware is required. All that is needed is a PC with Internet access, an Internet service provider, and at least a 56K modem. BillingNetwork.com provides four levels of security with daily backup of all data. In short, front office functions remain at the provider's office, and BillingNetwork.com performs all back office functions. Our clientele continues to grow realizing the advantages of our practice management platform and are experiencing collection rates exceeding 95% (industry standard is 70-85%). BillingNetwork.com will help any healthcare provider work smarter rather than harder.




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