Magnus Medical Billing
Finance and Accounting
Magnus Medical Billing is a leading medical billing company that provides finance and accounting services for healthcare and life sciences, known for its personalized approach and commitment to maximizing revenue for healthcare providers.
Size
1-10
Private
Mission
To support healthcare practices by managing all aspects of the medical billing process, focusing on saving clients time and money.
About
Magnus Medical Billing offers finance and accounting services along with medical billing, coding, and credentialing for clients in healthcare and life sciences. The company operates using an onshore and offshore model and supports healthcare providers across the United States and beyond.
It is recognized for its average profit increase of 36% for new clients within the first year, with a highly trained team dedicated to ensuring compliance and accuracy in billing processes.
Services
Magnus Medical Billing provides finance and accounting services supported by medical billing, coding, credentialing, and accounts receivable management. These services cover full-cycle revenue management and compliance auditing, tailored to support healthcare providers in maximizing their revenue and ensuring timely payments.
Capabilities
Claims Processing
Accounts Receivable
Audio Transcription & Speech Labelling
Industries Served
The company serves clients in healthcare and life sciences. It has experience supporting various healthcare specialties, including cardiology, gastroenterology, vein and vascular system care, and neurology, with services aligned to industry-specific requirements and technology platforms.
Unique Stregths
Magnus Medical Billing is known for its dedicated client support and personalized service, offering clients a close partnership that enhances cash flow and billing accuracy. Its approach includes rigorous auditing and compliance practices, ensuring adherence to healthcare regulations and security standards.
Delivery Footprint
Headquartered in Westwood, New Jersey, the company operates using an onshore and offshore delivery model. It serves clients across the United States and internationally, with teams working in both remote and on-site environments depending on client needs.
Certifications
No items found.
Verticals
Healthcare & Life Sciences
Clients
No items found.
What's the main service provided by
Magnus Medical Billing
?
Magnus Medical Billing primarily provides finance and accounting services, with a strong emphasis on medical billing. Their offerings extend to critical sub-services including claims processing, accounts receivable management, and audio transcription combined with speech labeling. This comprehensive approach is designed to assist healthcare providers in optimizing their revenue cycles and ensuring compliance with industry standards.
What additional services does
Magnus Medical Billing
provide?
When was
Magnus Medical Billing
founded?
Magnus Medical Billing was established in 1997, which means the company has been in operation for 27 years as of 2024. Over this time, it has developed a strong reputation for its dedicated services in the healthcare billing sector.
What industry verticals does
Magnus Medical Billing
serve?
Magnus Medical Billing specializes in serving clients within the healthcare and life sciences sectors. Their experience spans various healthcare specialties, ensuring that they can meet the specific needs of diverse medical practices.
What delivery model does
Magnus Medical Billing
offer?
Magnus Medical Billing employs both onshore and offshore delivery methods. Onshore delivery means services are provided within the same country as the client, while offshore involves utilizing resources from other countries. This flexibility allows them to cater to a wide range of client needs, enhancing efficiency and potentially reducing costs.
How many employees and/or seats does
Magnus Medical Billing
have?
Magnus Medical Billing operates with a small workforce, consisting of 1 to 10 employees. This size allows for a highly personalized service model, ensuring that each client receives dedicated attention and support.
Can
Magnus Medical Billing
be considered a good service provider for startups?
For startups, Magnus Medical Billing can be a valuable partner, particularly for those in the healthcare sector. With their range of medical billing and finance services, they are positioned to help new healthcare practices establish efficient billing processes from the outset, potentially saving time and resources during critical early growth phases.
Can
Magnus Medical Billing
be considered a good service provider for SMBs?
Magnus Medical Billing is well-suited for small and medium-sized businesses, especially those in healthcare. Their small team allows for personalized service, and their expertise in billing and revenue management can significantly enhance cash flow for SMBs. By focusing on tailored solutions, they help these businesses navigate the complexities of medical billing and compliance effectively.
Can
Magnus Medical Billing
be considered a good service provider for enterprises?
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