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Mpeg services pwr pt


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Mpeg services pwr pt

  1. 1. Medical Practice Efficiency Group Operational Improvement Solutions C:UsersmstaffDocumentslogo.jpg
  2. 2. Who is MPEG <ul><li>Medical Practice Efficiency Group (MPEG) is a corporation focused on improving the overall financial improvement of medical practices. </li></ul><ul><li>MPEG provides solutions to reduce the cost, improve the profit, improve after tax distribution, and enable the practitioner’s to fulfill their goals and business direction. </li></ul>
  3. 3. MPEG- Your Solutions Partner <ul><li>Problems Medical Practitioners face </li></ul><ul><li>-Employee cost </li></ul><ul><li>-Medical malpractice cost </li></ul><ul><li>-EMR/EHR compliance </li></ul><ul><li>-Inefficient billing and collections </li></ul><ul><li>-Fee schedules </li></ul><ul><li>-Taxation </li></ul><ul><li>-Technology cost </li></ul><ul><li>-Efficiency </li></ul><ul><li>- IT Staffing </li></ul>
  4. 4. MPEG – Your Solution Partner <ul><li>MPEG Solution </li></ul><ul><li>-SILKisi – integrated software platform including billing and coding and EMR/HER solutions </li></ul><ul><li>_ Physicians Benefit Resources (PBR) – a medical Malpractice turn key solution </li></ul><ul><li>-Oxford Partners-a domestic captive insurance company turn key solution </li></ul>
  5. 5. MPEG-Your Solution Partner <ul><li>SILK isi </li></ul><ul><li>- EMR (Electronic Medical Record) EHR(Electronic Health Record) solution </li></ul><ul><li>- Only 30% of medical practices in the U.S. have installed an EMR/HER solution </li></ul><ul><li>- 100% Web based in “the cloud” </li></ul><ul><li>- Medicare/Medicaid requirements </li></ul><ul><li>- Stimulus money available upon attestation </li></ul><ul><li>- Customized work flow of the medical professionals </li></ul>
  6. 6. MPEG – Your Solution Partner <ul><li>Improves Billing and Collections by 20%-48% </li></ul><ul><li>- Professional certified coders billing for maximum profitability </li></ul><ul><li>- Negotiating insurance contracts </li></ul><ul><li>- Improving cash flow </li></ul><ul><li>- Reduce rejected claims </li></ul><ul><li>- NO servers needed, no hardware cost, no user fees, no down time </li></ul><ul><li>ONLY ONE SYSTEM TO IMPROVE BUSINESS </li></ul>
  7. 7. MPEG – Your Solution Partner <ul><li>SILK isi Target Market </li></ul><ul><li>- Medical Practices: </li></ul><ul><li>- $5 million and up in billing </li></ul><ul><li>- 5 practitioners and up </li></ul><ul><li>- Independent of hospital ownership </li></ul><ul><li>- Types of Practices </li></ul><ul><li>- Orthopedics </li></ul><ul><li>-Cardiologists </li></ul><ul><li>- Ob/Gyn </li></ul><ul><li>- Neurologists </li></ul><ul><li>- Surgeons </li></ul><ul><li>- Oral Surgeons </li></ul><ul><li>- and more </li></ul>
  8. 8. MPEG – Your Solution Partner <ul><li>Physicians Benefit Group – Medical Malpractice Insurance </li></ul><ul><li>- Problem: Medical Practitioners face exorbitant cost in malpractice claims. Surgical Specialists have the most exposure and are charged the most for malpractice insurance. </li></ul><ul><li>- Solution: JOIN PBR RRG </li></ul>
  9. 9. MPEG – Your Solution Partner <ul><li>PBR RRG is a risk Retention Group owned by the Medical Practitioner. </li></ul><ul><li>- Sole Purpose of the RRG is to make money for the owners. </li></ul><ul><li>- The current Medical Professional Dilemma: </li></ul><ul><li>- Insurance companies settle law suits too easily </li></ul><ul><li>- Practitioner now has claims history and locked in to insurance company </li></ul><ul><li>- Rates are increased making practitioner more of a profitable client to insurance company </li></ul>
  10. 10. MPEG – Your Solution Partner <ul><li>The Solution </li></ul><ul><li>- PBR is an exclusive group accepting medical practices with few claims. Medical malpractice premium to be paid back to the doctor annually. </li></ul><ul><li>- PBR reviews practices no less than annually to help med malpractice improve the practice. </li></ul><ul><li>--- Typically settled claims are due to poor EMR/HER documentation </li></ul>
  11. 11. <ul><li>PBR Model </li></ul>Med Mal Policy Premium Medical Practice PBR RRG Reinsurance Profit Lloyd of London Premium
  12. 12. MPEG – Your Solution Partner <ul><li>Target Market </li></ul><ul><li>- Specialists and specialist groups paying high medical malpractice premiums </li></ul><ul><li>- OB/GYN </li></ul><ul><li>- Orthopedics </li></ul><ul><li>- Neurologist </li></ul><ul><li>- Cardiologist </li></ul><ul><li>- and many more </li></ul>
  13. 13. MPEG – Your Solution Partner <ul><li>Oxford Captive Group </li></ul><ul><li>- Problem: Medical Practitioners, as other high income earners, look for solutions: </li></ul><ul><li>- To protect their assets </li></ul><ul><li>- To cover risks that would be unattractive to purchase policies from retail insurance companies, with some exclusive taxation benefits. </li></ul>
  14. 14. MPEG – Your Solution Partner <ul><li>The Transaction </li></ul><ul><li>- 831b Captive – allows for the exclusion of up to $1.2 million in premium profit per year </li></ul><ul><li>- Domestic Captive </li></ul><ul><li>Allow for </li></ul><ul><li>- Asset protection </li></ul><ul><li>- Taxation reduction </li></ul><ul><li>- Efficient asset transfer </li></ul>
  15. 15. MPEG – Your Solution Partner <ul><li>Captive Model </li></ul>Medical Practice CIC Re Insurance Pool Income Loss Ins Premium Reinsurance Premium
  16. 16. MPEG – Your Solution Partner <ul><li>Target Market </li></ul><ul><li>- Any practitioner or practice with annual discretionary income of over $300,000.00 </li></ul><ul><li>- Any business with discretionary income of over $300,000.00 </li></ul>
  17. 17. MPEG – Your Solution Partner <ul><li>Thank you for your interest, please feel free to contact: </li></ul><ul><li>Mary Ann Staff , </li></ul><ul><li>Director of Business Development </li></ul><ul><li>6151 Powers Ferry Rd. Ste 400 </li></ul><ul><li>Atlanta, GA. 30339 </li></ul><ul><li>678-322-3041 </li></ul><ul><li>734-834-5850 cell </li></ul><ul><li>678-322-3049fax </li></ul><ul><li>[email_address] </li></ul>