Consulting & Business Opportunities

MD Business Solutions, Inc.
The Radiology Practice Solution

MD Business Solutions, Inc. is a management service organization positioned to offer complete turn-key services for radiology practices with regard to the development of free-standing imaging centers or specific imaging modalities within an existing practice. Services include:

MD Business Solutions, Inc., provides assistance for evaluating imaging opportunities including the following services:

Financial Modeling and Analysis - Review of our proprietary model for analyzing new business opportunities.

Strategic Planning - In-house expertise and access to consultants who specialize in the field of radiology and imaging center strategies.

Legal Consultation - Access to attorneys with expertise in radiology practices and free-standing imaging centers.

Negotiation of Purchasing or Leasing Contracts for Equipment and Supplies - Expertise in the recommendation for the purchase and lease of diagnostic equipment from all major vendors including MR, CT, PET, ultrasound, mammography, and DEXA.

Space Planning, Design and Development - Ability to assess current space situations and make recommendations for new space; experience dealing with all types of space where renovations are needed.

Construction Management - Access to multiple construction firms who specialize in construction of imaging facilities.

Managed Care Contracting/Credentialing - Expertise negotiating and executing managed care contracts for radiology groups (professional billing component) and free-standing imaging centers (global billing).

Credentialing - Assistance with credentialing for medical personnel including physicians, nurses and technologists.

Licensing and Accreditation - Assistance with procuring state and federal licensing and ACR accreditation.

Operations Management and Compliance - Proven success in both inpatient and outpatient group management, operations of imaging centers and support of physicians working in hospital-based radiology practices. Ensure practice compliance through education and oversight of government regulations including HIPAA, Medicare and Medicaid.

Teleradiology/PACS - 24-hour reading support transmittable via the Internet or dedicated phone lines; primary and secondary overreads.

Financial Services - Proven expertise in accounting and benefits administration including coordinating payroll, preparing monthly financial statements, and tracking payables and billing performance statistics.

Billing and Collections - Full-service billing including certified radiology coders and an automated system resulting in fewer days in accounts receivable.

Marketing and Public Relations - Assistance with marketing plan development and implementation to deliver quantifiable results; includes business-to-business and consumer advertising and PR, print material and educational information.

Medical Transcription - In-house transcription with 24-hour or less turn-around time utilizing radiology-trained, expert transcriptionists.