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St Louis Medical Billing Company

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medical billing case studies

A Pain Management practice struggled with revenue, earning less than $20,000 per month with a billing company recommended by a friend. This company had minimal staff, none of whom were knowledgeable in medical billing. After switching to our services, the practice’s monthly revenue soared to over $50,000 in just three months.

A multi-specialty practice partnered with us in the early 2000s. Within 90 days, their monthly revenue increased from $90,000 to $160,000. Through our strategic planning and profit forecasting, they expanded their consultations, added new providers, and diversified their services. This optimization of payer dynamics ultimately enabled them to achieve a remarkable $400,000 in monthly collections.

A multi-provider psychiatry practice struggled with in-house billing, hampered by limited staff and constant clinical demands. This split focus negatively impacted both their clinical effectiveness and their financial performance. After hearing positive feedback from other physicians, they decided to partner with MBS. As a result, their monthly collections increased from $40,000 to $70,000.

A vaccination group sought to expand their services but didn’t know where to start. We collaborated with them, brainstorming and forecasting to identify growth opportunities. Through our partnership, the group diversified their practice and pursued additional business ventures, increasing their monthly revenue from $20,000 to $160,000. MBS provided profit forecasting and detailed analyses to guide their expansion. Their success has been so substantial that they are now opening another business, a move made possible by the remarkable growth and strategic guidance provided by MBS.