Zotec Lands Billing Business for SimonMed Imaging Chain
Hoping to lower the cost of billing, the Scottsdale, Ariz.-based SimonMed Imaging Inc. chain of centers is outsourcing billing operations to Zotec Parners of Indianapolis. Handling billing for SimonMed Imaging is a major contract for Zotec and helps secure its position as one of the leading billing and practice management services providers in the diagnostic imaging field. It recently purchased competitor MMP and currently manages in excess of 48 million medical encounters across all 50 states. SimonMed Imaging, Inc., oversees 60 imaging centers across Arizona, Florida, California and Nevada, making it the fifth largest imaging center chain in the United States, according to Radiology Business Journal and IMS Health’s 2012 list of the Top 20 Imaging-center Chains. “As an increasing number of consumer-driven, high-deductible health insurance plans are placing mounting reimbursement pressures on imaging groups, we knew we needed to turn to the experts to ensure we’re getting every collectible dollar at a lower cost of billing,” stated SimonMed Imaging CEO and founder Howard John Simon, MD, in the press release. SimonMed is part of a joint venture with San Francisco-based Dignity Health (formerly Catholic Healthcare West), the fifth largest health system in the nation. Dignity Health seeks to become a national, integrated delivery network by 2020.