MDAssociates
MDAssociates is a privately held U.S. Revenue Cycle Management firm, founded in 1984 and headquartered in Kilmarnock, Virginia, that delivers end-to-end medical billing, coding, denial management, A/R and bad-debt recovery services to independent practices, hospital-based groups, health systems, EMS providers, and post-acute facilities across 37+ specialties.
- Company typePrivate
- Founded1984
- HeadquartersKilmarnock, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What MDAssociates does
MDAssociates, Inc. is a privately held U.S. Revenue Cycle Management (RCM) firm headquartered at 676 North Main Street, Kilmarnock, Virginia, with origins in North Carolina. Founded in 1984 and under the leadership of President and CEO Michael W. Saunders since 1994, the company provides end-to-end medical billing services spanning credentialing, coding, claims submission, denial management, accounts receivable management, credit-balance resolution, and bad-debt recovery. Its wholly-owned subsidiary, Commonwealth Collections, extends the offering into post-charge-off collections, and an A/R purchase option allows clients to monetize receivables outright.
The underlying technology stack is a paperless billing platform with real-time EMR-to-patient-account connectivity, HIPAA-compliant infrastructure, and continuous cybersecurity monitoring, designed for medical RCM rather than generalized workflows. The firm operates U.S.-based delivery, with a 7-person executive team carrying over 152 combined years of industry experience and certified credentials including CPC, CPMA, and CMOM.
MDAssociates earns revenue primarily through managed-services and professional-services engagements with healthcare providers across 37+ medical specialties — including independent practices, hospital-based practices, health systems, EMS providers, and SNF/LTCF operators. Pricing is not publicly disclosed, but the commercial model includes a 90-day performance guarantee and multi-year contracts; go-to-market is consultative enterprise field sales complemented by inside sales, a U.S.-based call center, and a website-driven consultation scheduling flow. Distribution is entirely domestic, with no disclosed international footprint, parent company, or institutional investor backing.
MDAssociates firmographics
Firmographics- Name
- MDAssociates
- Legal name
- MDAssociates, Inc.
- Website
- https://mdassociatesinc.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- MDAssociates is a privately held U.S. Revenue Cycle Management firm, founded in 1984 and headquartered in Kilmarnock, Virginia, that delivers end-to-end medical billing, coding, denial management, A/R and bad-debt recovery services to independent practices, hospital-based groups, health systems, EMS providers, and post-acute facilities across 37+ specialties.
- Ownership category
- akta.pro rank
MDAssociates industry classification
Industry- Product category
- Healthcare Revenue Cycle Management
- NAICS
- Collection Agencies (561440), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Consumer Credit Reporting, Collection Agencies (7320), Services-Management Services (8741)
- akta.pro primary industry
- RCM Outsourcing & Managed Billing Services (HLACACAN)
- akta.pro secondary industries
- EMS Billing, Revenue Cycle & Compliance Services (HLAFANAM), Patient Billing, Statements & Payment Processing (HLACACAG), Medical Debt Collection & Revenue Cycle Bad-Debt Recovery (FSAKAJAM)
Keywords
Where MDAssociates is headquartered
LocationHeadquarters
- HQ city
- Kilmarnock
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MDAssociates business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Revenue Cycle Management (RCM) Services: Comprehensive RCM solutions managing every phase from credentialing to payment collection, including claims submission, denial resolution, and maximized reimbursements. Operates as professional/managed services with potential outcome-based performance components.
- EMS Billing Services: Specialized RCM solutions exclusively for Emergency Medical Services providers, addressing unique challenges of ambulance billing.
- Strategic Consulting & Auditing: Targeted consulting and auditing services providing evaluations of practice finances, documentation, coding practices, workflow efficiency, and human capital.
- Accounts Receivable Management: A/R management services including the option to sell A/R to MDAssociates, transforming accounts receivable into reliable cash flow.
- Bad Debt Recovery: Bad debt collection services through Commonwealth Collections subsidiary, recovering aged accounts considered uncollectible.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Performance-based pricing with 90-day satisfaction guarantee |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
MDAssociates product offering
Product offeringCore offering
MDAssociates provides outsourced Revenue Cycle Management (RCM) services to healthcare providers across 37+ medical specialties. The offering manages the full revenue cycle from provider credentialing through claims submission, denial management, payment posting, accounts receivable management, and bad debt recovery, with specialized expertise for Emergency Medical Services (EMS) billing and a wholly-owned collections subsidiary (Commonwealth Collections).
Product overview
MDAssociates offers a unified Revenue Cycle Management (RCM) platform as its core product, supplemented by specialized modules including EMS billing expertise, strategic consulting and auditing, coding and education services, A/R management, claims denial management, bad debt recovery (via Commonwealth Collections subsidiary), credit balance solutions, and provider credentialing services. The portfolio covers the entire revenue cycle from credentialing through payment collection for 37+ medical specialties.
Differentiator
Problem solved
Functional benefit
Products and services
- Revenue Cycle Management (RCM)
Quantifiable outcome
- Increased collections for a major medical practice by $1.5 million a year
- +6 more outcomes
Companies that use MDAssociates
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
MDAssociates technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MDAssociates partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights6 records
MDAssociates competitors and assessment
Company assessmentDirect peers
- R1 RCM: Large-scale RCM outsourcing provider serving hospitals and health systems across multiple specialties. Direct competitor to MDAssociates in the RCM outsourcing and managed billing space, though significantly larger and more enterprise-focused.
- Ensemble Health Partners: End-to-end RCM services and technology for hospitals and physician practices. Highly comparable to MDAssociates' end-to-end RCM offering, with similar outcome-based commercial models.
- Conifer Health Solutions: Healthcare RCM and value-based care services subsidiary focused on hospital and health system clients. Direct competitor offering full-spectrum RCM outsourcing analogous to MDAssociates' core service.
- Waystar: Cloud-based RCM and claims management technology platform serving hospitals, health systems, and physician practices. Comparable to MDAssociates' technology-enabled RCM offering, though with a software-led rather than services-led model.
- Experian Health: Healthcare RCM, identity management, and claims processing solutions for providers and payers. Direct competitor in healthcare-focused RCM and patient billing workflows comparable to MDAssociates' portfolio.
- Availity: Healthcare information network providing RCM, claims management, and payer-provider data exchange. Comparable to MDAssociates' claims processing and EMR connectivity capabilities at scale.
Broad incumbents
- Athenahealth: EHR-embedded RCM platform serving independent practices and small-to-mid practices. Comparable to MDAssociates' independent practice focus, though bundled with EHR rather than offered as standalone RCM services.
- Optum (UnitedHealth Group): Diversified healthcare services and technology arm of UnitedHealth Group offering RCM, analytics, and consulting. Overlaps with MDAssociates' RCM and consulting capabilities but operates at vastly greater scale and breadth.
Emerging players
- Ciox Health (Datavant): Health data exchange and retrieval platform with RCM-adjacent capabilities. Tangentially comparable to MDAssociates' patient records and data exchange elements of the RCM workflow.
Regional players
- eClinicalWorks: Ambulatory EHR and RCM solutions primarily for U.S. independent and small-group practices. Comparable target customer base (independent practices) and overlapping RCM functionality with MDAssociates' offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MDAssociates social profiles
Digital presenceMDAssociates financial estimates
Financial estimateRevenue estimate
Valuation estimate
MDAssociates leadership team
Management profileNumber of profiles
Profiles7 records
MDAssociates subsidiaries and ownership
Company hierarchySubsidiaries1 record
MDAssociates funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MDAssociates M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MDAssociates
What does MDAssociates do?
MDAssociates provides outsourced Revenue Cycle Management (RCM) services to healthcare providers across 37+ medical specialties. The offering manages the full revenue cycle from provider credentialing through claims submission, denial management, payment posting, accounts receivable management, and bad debt recovery, with specialized expertise for Emergency Medical Services (EMS) billing and a wholly-owned collections subsidiary (Commonwealth Collections).
Is MDAssociates a public or private company?
MDAssociates is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MDAssociates founded?
MDAssociates was founded in 1984. It employs 51 to 100 people.
Where is MDAssociates based?
MDAssociates is headquartered in Kilmarnock, United States, in the North America region.
How does MDAssociates make money?
Five revenue lines are on record. Revenue Cycle Management (RCM) Services are the primary driver. The others are EMS Billing Services, strategic Consulting & Auditing, accounts Receivable Management and bad Debt Recovery.
Who are MDAssociates's main competitors?
Direct peers on record are R1 RCM, Ensemble Health Partners, Conifer Health Solutions, Waystar, Experian Health and Availity. Broad incumbents are Athenahealth and Optum (UnitedHealth Group). Ciox Health (Datavant) is listed as an emerging player. eClinicalWorks is listed as a regional player.
Does MDAssociates have an API?
No public API is recorded for MDAssociates.
What industry is MDAssociates in?
MDAssociates's product category is Healthcare Revenue Cycle Management. Its primary akta.pro industry code is HLACACAN, RCM Outsourcing & Managed Billing Services, with a secondary code of HLAFANAM, EMS Billing, Revenue Cycle & Compliance Services. Its NAICS code is 561440 and its SIC code is 7370.