|FOR IMMEDIATE RELEASE
|CONTACT: Kurt Gallagher
HBMA CONGRATULATES ALN MEDICAL MANAGEMENT ON COMPLIANCE ACCREDITATION
ALN Medical Management recognized for program to protect patient privacy, prevent medical billing fraud, and comply with federal regulations
(WASHINGTON) – Today the Healthcare Business Management Association (HBMA) announced that ALN Medical Management is now accredited under the HBMA Compliance Accreditation Program for revenue cycle management (RCM) companies (a.k.a., medical billing and medical practice management companies) and offered its congratulations. The HBMA Compliance Accreditation Program is designed to assess compliance with a range of federal healthcare industry regulations, including provisions to protect patient privacy under HIPAA, promote cybersecurity, and prevent fraud, waste, and abuse in medical billing.
ALN provides world-class revenue-cycle services for physician practices through a combination of advanced automation features, a highly-trained staff and deep commitment to compliance. ALN is based in Denver, CO with operations across the USA, and across most physician specialties.
ALN CEO Tim Coan said, "ALN is committed to helping independent physicians thrive by delivering increased collections and dramatically increased efficiencies, while focusing on compliance in all ways especially preventing waste and fraud. What makes the difference is ALN’s focus on staff-knowledge and leading-edge bot technology, so ALN is positioned to do more for less which healthcare policy is forcing all of us to do. Because many practices can’t invest in rev-cycle capabilities like we have, ALN is an outsourced option that really does make a financial and compliance-focused difference for physicians."
â??HBMA has long stood for ethical practices in medical billing and revenue cycle management. HBMA Compliance Accreditation is recognition that ALN Medical Management has gone beyond the requirements of federal regulations by obtaining an independent evaluation of its practices to protect the confidentiality of patient medical information, ensure the security of their data systems, and prevent fraud,"said Mick Polo, president of HBMA.
The HBMA Compliance Accreditation Program is the result of the RCM industry coming together within HBMA to establish a process to independently assess the participating company’s program to fulfill its obligation to meet regulatory requirements. The HBMA Compliance Accreditation Program assesses compliance with HIPAA and with Health and Human Service Office of Inspector General compliance standards on fraud, waste and abuse; the Stark Law, which is designed to prevent conflicts of interest by medical providers in their prescribed patient care; federal Anti-kickback law; and the OIG work plan. The assessment under the HBMA Compliance Accreditation Program includes a comprehensive evaluation of the policies and practices of RCM companies with respect to employee training; security risks, including the security of confidential patient health information; documentation storage and handling; practices to promote compliance with federal regulations; disaster and emergency preparedness plans; and human resources practices, including background check procedures and onboarding.
The program was announced in April 2018 and was officially launched in October 2018 after beta testing by four HBMA member companies.
About Quantum Medical Billing LLC
Founded in 2008, Quantum Medical Billing specializes in Plastic Surgery revue cycle management and offers customizable services to our clients which include: coding, insurance credentialing, medical license applications & renewals, hospital credentialing and reappointments, clinical documentation review, prior authorizations and pre-determinations, medical policy review, outstanding A/R resolution, and various practice management services.
About the Healthcare Business Management Association (HBMA)
HBMA is a non-profit, member-led trade association of companies that support doctors and other medical providers by handling their medical billing and revenue collection processes, services known as revenue cycle management (RCM). HBMA works with legislative stakeholders and federal agencies in Washington, D.C. to improve the business of medical billing and the practice of healthcare. Since its inception in 1993, HBMA and its members have encouraged professional development and adherence to the HBMA Code of Ethics, advocated on behalf of the RCM profession, and promoted business development through educational events, networking opportunities, certification programs, and a wide range of affiliated vendor resources. For more information about HBMA, visit the www.hbma.org.