BALTIMORE, Nov. 2 /PRNewswire/ -- Anticipating the potentially adverse impact of ASP on its member practices, International Physician Networks (IPN) has established an agreement with Provider Services of America, Inc. (PSA) to improve members' financial positions. Although the full impact of these changes in 2005 is uncertain, they will undoubtedly affect all community-based practices. This service is an important tool to enable physician practices' ability to collect necessary payment obligations. This will allow patient care to continue in the community-based setting.
In addition to allowing the practice to maintain their professional relationships with their patients, PSA offers professional services, which frees up office staff to focus on more productive activities. In the meantime, their receivables are being significantly reduced without compromising their profit margins.
The health care arm of Transworld Systems, Inc., the largest A/R management company in the United States, PSA is the preferred A/R management vendor for the MGMA and the Veterans Administration Hospitals. With over 20,000 health care clients nationally, the company acts as a trusted extension to practices' in-house efforts to recover collections.
International Physician Networks is a subsidiary of AmerisourceBergen Corporation, the world's leading pharmaceutical distributor. IPN is a diversified physician services organization specializing in the support of community-based practices. The company offers its members a variety of value- added services that enable practices to remain efficient, effective, and to continue to deliver quality patient care.
International Physician NetworksCONTACT: Erin Mulgrew, International Physician Networks,+1-410-385-2900, erinm@iononline.com
Web site: http://www.ipnonline.com/