Medical Billing Concepts

What Medical Billing Concepts does

Medical Billing Concepts, Inc. (MBC) is a privately held healthcare services company headquartered in Los Angeles, California, with a secondary office in Bakersfield. The company provides medical billing, consulting, and practice management services to physician practices and healthcare institutions across the Greater Los Angeles area and Bakersfield. Its service portfolio spans end-to-end billing (electronic claims submission, account inquiries, claims supervision, payments management, collections, and practice billing audits), accounts receivable management, managed care consulting, and practice management consulting and training.

MBC's technology platform is built on Medical Manager for practice management and billing, combined with SequelMed EMR, which MBC resells and implements as a certified Channel Partner. The EMR is positioned as fully integrated with MBC's practice management system, offering customizable templates, workflow automation, and point-of-care decision support. Underlying infrastructure includes RAID5 disk arrays on all servers, nightly tape cartridge backups with off-site storage for disaster recovery, and remote connectivity via frame relay lines or dial-up to support 24/7 client access to reports, accounts, and financial statistics.

The company monetizes primarily through recurring subscription-style engagements for billing, practice management, and EMR services, supplemented by professional services for managed care consulting and managed IT services including offshore staffing. GTM is sales-led and consultative, relying on a published phone number, website contact forms, and direct outreach to healthcare practices. No public pricing is disclosed, and the company operates without any reported funding rounds, M&A activity, or disclosed management team.

Name

Medical Billing Concepts

Legal name

Medical Billing Concepts, Inc.

Website

https://medbillconcepts.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Medical Billing Concepts is a privately held Los Angeles-based company that provides medical billing, EMR implementation, and practice management services to physician practices and healthcare institutions in the Greater Los Angeles and Bakersfield, CA markets.

Ownership category

akta.pro rank

Product category

Healthcare Revenue Cycle Management

NAICS

Offices of Physicians (6211), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Management Services (8741), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

RCM Outsourcing & Managed Billing Services (HLACACAN)

akta.pro secondary industries

Patient Billing, Statements & Payment Processing (HLACACAG), Medical Coding, Billing & Clinical Documentation Support (BPAAAFAD), Medical Debt Collection & Revenue Cycle Bad-Debt Recovery (FSAKAJAM)

Keywords

• Medical billing services
• Practice management
• Healthcare consulting
• Electronic medical records
• Accounts receivable management

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Billing Services: Comprehensive medical billing services including electronic claims submission, direct billing and account inquiries, supervision and review of claims and reimbursements, management of payments and settlements, collection services, accounts receivable management, and practice billing audits.
2. Practice Management Services: Full suite of practice management services for healthcare providers including consultation, management training, and operational support.
3. EMR/EHR Solutions: SequelMed EMR electronic medical records implementation and maintenance as a certified channel partner, including setup and maintenance of paperless digital patient records.
4. Managed Care Consulting: Consulting services related to managed care contracts and negotiations, accounts management, and customized reporting.
5. Information Technology Services: IT services including offshore staffing, technology infrastructure support, and remote connectivity solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Medical Billing Concepts (MBC) provides end-to-end medical billing services, practice management, electronic medical records (SequelMed EMR) implementation as a certified channel partner, managed care consulting, and information technology services to physician practices and healthcare institutions. Operations are built around the Medical Manager practice management and billing platform, supplemented by disaster recovery infrastructure and remote connectivity, serving clients in the Greater Los Angeles area and Bakersfield, CA.

Product overview

Medical Billing Concepts offers a unified practice management and billing platform built around Medical Manager software, enhanced by SequelMed EMR for electronic medical records. The company provides an integrated suite combining practice management services, comprehensive billing services, IT services, and accounts receivable management. All core products work together as a fully integrated system, with SequelMed EMR being a certified Channel Partner offering that is fully integrated with MBC's Practice Management System.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Billing Services End-to-end medical billing services covering electronic claims submission, direct billing and account inquiries, supervision and review of claims and reimbursements, management of payments and settlements, collections, and practice billing audits for physician practices and healthcare institutions.
• Practice Management Services Comprehensive practice management services including individual consultation, management training, managed care consulting, accounts management, and customized reports tailored to healthcare practices.
• SequelMed EMR Implementation and Maintenance Setup, maintenance, and support of SequelMed Electronic Medical Records (EMR) as a certified Channel Partner, providing secure, real-time, point-of-care patient records with decision support, customizable templates, and workflow automation integrated with MBC's Practice Management System.
• Information Technology Services IT services for healthcare practices including offshore staffing, technology infrastructure support, EMR setup, and remote connectivity solutions to keep operations running 24/7.
• Accounts Receivable Management Continuous surveillance of accounts receivable and aging reports with complete follow-ups and cash flow improvement services for healthcare practices.
• Managed Care Consulting Consulting services related to managed care contracts and negotiations, accounts management, and customized reporting to help healthcare providers navigate payer relationships and reimbursement.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SequelMedcoreChannel Partner/ Reseller/ DistributorMedical Billing Concepts is a certified Channel Partner for SequelMed EMR (Electronic Medical Records). This partnership allows MBC to set up and maintain paperless, digital patient records for faster, more efficient access and reduced documentation errors. MBC clients receive sophisticated EMR solutions as part of an extensive suite of services. SequelMed EMR is fully integrated with MBC's Practice Management System.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• eClinicalWorks: Ambulatory EHR and practice management vendor offering integrated billing services to physician practices, directly comparable to MBC's bundled offering.
• Greenway Health: Ambulatory EHR, practice management, and RCM services for physician practices; competes in the same integrated-suite space as MBC.
• DrChrono (by EverHealth): Cloud-based EHR, medical billing, and practice management platform targeting small and specialty practices — a direct competitor emphasizing modern, mobile-first technology.
• Tebra (formerly Kareo): Cloud-based EHR, practice management, and medical billing platform serving small/mid-sized physician practices — the most direct competitor to MBC's integrated offering, with a substantially larger technology footprint.
• AdvancedMD: Cloud-based medical billing, EHR, and practice management software targeting small/mid-sized independent practices — a direct functional peer to MBC's integrated suite.
• RXNT: Integrated EHR, practice management, and medical billing software serving ambulatory practices — a direct functional peer comparable to MBC's suite.

Emerging players

• Practice Fusion: Cloud-based EHR for independent practices with integrated billing capabilities; competes with MBC for the same small-practice segment at a lower price point.

Broad incumbents

• Oracle Health (formerly Cerner): Enterprise healthcare IT vendor with EHR, RCM, and population health offerings; while primarily focused on large systems, its ambulatory suite overlaps with MBC's market.
• athenahealth: Large-scale cloud EHR and RCM platform serving physician practices and health systems; competes with MBC on integrated billing + EMR but at a national, enterprise-grade scale.
• NextGen Healthcare: Provider of EHR, practice management, and RCM solutions for ambulatory practices and specialty groups; overlaps with MBC's physician-practice focus but operates at a significantly larger scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/medical-billing-concepts

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medical Billing Concepts