ORLANDO, Fla., Feb. 24, 2017 /PRNewswire/ — CollaborateMD, a leading provider of innovative and intelligent cloud-based medical billing and practice management solutions, is proud to announce the company surpassed one billion in healthcare claims processed in a single month. 

The company celebrated its 17 year anniversary this year and continues to improve the financial workflow of medical practice and revenue cycle management companies in every state across America.

Milestones:

  • $1,085,086,634 worth of healthcare claims processed in January ’17
  • $10,675,783,332 worth of healthcare claims processed in 2016
  • $40,678,353,620 worth of healthcare claims processed since inception

The CollaborateMD financial management solutions are easy enough to be used by non-technical users, yet flexible and powerful enough to be used by a 100+ provider, multi-location office. 

Customer Breakdown:

  • 63% : solo physician practice
  • 28% : 2-5 physician practice
  • 4.5% : 6-10 physician practice
  • 4.5% : 11+ physician practice

«17 years ago I had a dream to help improve the financial operations of small medical practices across the country,» said Douglas Kegler, CEO and Founder of CollaborateMD.  «And my dream is still alive and growing thanks to all of my dedicated customers and awesome employees.»

For more information on CollaborateMD, please visit http://www.collaboratemd.com

About CollaborateMD

Since 1999, CollaborateMD’s innovative and intelligent cloud-based revenue cycle management software solutions have contributed to the financial and operational success of medical practices and medical billing services in every state across the country. CollaborateMD’s Windows and MAC solution, with its simplicity, intelligence, and phenomenal support, is used by thousands of medical providers and has processed over $40 billion worth of medical claims.

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SOURCE CollaborateMD