Physicians Advisory Group,Inc.

What Physicians Advisory Group,Inc. does

Physicians Advisory Group, Inc. is a privately held professional services firm founded in 1996 and headquartered in Dayton, Ohio, that provides medical billing, receivables management, and practice consulting services to physician practices and healthcare providers across the United States. The company operates a partnership-based delivery model, assigning dedicated account representatives and practice-specific phone lines to each client, and processes over 10,000 patient statements per month with a stated billing cycle of less than one day from date of service.

The firm's technology foundation consists of three enterprise-grade third-party platforms — ModMed, Epic, and Infinx — used for multi-specialty billing, healthcare receivables management, and electronic claims processing. Proprietary operational features layered on top include electronic data acquisition for hospital-sourced demographic and charge data, carrier expected payment profiling by CPT code with real-time variance flagging during payment posting, pre-collection account management workflows, custom report design via a Report Writer tool, and pre-approved payment plan monitoring. Ancillary professional services — physician credentialing at $175/hour, insurance contract negotiations at $200/hour, custom reporting at $100/hour, system setup at $850 per practice, and carrier registration at $725 per practice — are offered as add-on modules.

The revenue model combines percentage-of-collections, flat-fee, per-hour, and per-encounter pricing arrangements selected after an assessment of each practice's financial status. The go-to-market motion is direct sales targeting medical practices, supported by client references, a partnership positioning, and membership-driven visibility through HBMA, HFMA, and ACHE professional associations. The company is led by President Jeffrey T. Hamlin, an Ohio University graduate with over twenty years of medical practice management experience. No external investors, parent companies, or M&A activity are disclosed in the available data.

Name

Physicians Advisory Group,Inc.

Legal name

Physicians Advisory Group, Inc.

Website

https://pagbilling.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Physicians Advisory Group, Inc., founded in 1996 and headquartered in Dayton, Ohio, provides medical billing, receivables management, and practice consulting services to U.S. physician practices using ModMed, Epic, and Infinx platforms.

Ownership category

akta.pro rank

Product category

Medical Billing Services

NAICS

Offices of Physicians (6211)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)

Keywords

• Medical billing services
• Revenue cycle management
• Practice management consulting
• Physician credentialing
• Healthcare administration

Headquarters

HQ city

Lorain

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Medical Billing Services: Comprehensive billing services including electronic billing, patient statements, and insurance claim submission. Revenue generated through percentage of collections, flat fees, per-hour fees, or per-encounter fees depending on client agreement.
2. Receivables Management Services: Full scope receivables management including evaluation, solution design, implementation, and long-term performance monitoring. Revenue model includes ongoing management fees.
3. Physician Credentialing: Credentialing services for insurance and managed care companies, billed at $175 per hour.
4. Contract Negotiations: Insurance carrier contract negotiation services provided at physician request for additional fee of $200 per hour.
5. Special Reporting: Custom report creation services at $100 per hour.
6. System Setup and Configuration: One-time setup services including system configuration and fee schedule design at $850.
7. Carrier Registration: Electronic carrier registration services at $725 per practice.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Physicians Advisory Group, Inc. provides outsourced medical billing, accounts receivables management, and practice management services to physician practices. Offerings include physician credentialing, third-party contract negotiations, customized management reporting, and practice consulting, sold as bundled administrative services to medical practices.

Product overview

Physicians Advisory Group, Inc. offers a unified suite of medical billing and practice management services built on ModMed, Epic, and Infinx software platforms. The core offerings consist of Medical Billing Services and Receivables Management, which together handle the full revenue cycle from claim submission through collections. Supporting modules include Practice Consulting Services, Physician Credentialing, Third-Party Contract Negotiations, and Customized Management Reporting. The company has been serving the medical community since 1996, providing integrated management services designed to increase functionality, productivity, and profitability for medical practices across the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Billing Services Outsourced medical billing and claims submission services for physician practices, designed to handle coding, claim submission, and reimbursement on behalf of medical offices.
• Accounts Receivables Management Management of outstanding physician-practice receivables, including follow-up on unpaid claims, denial resolution, and collection activities.
• Physician Credentialing Credentialing services for physicians, handling enrollment and re-enrollment with payers and related administrative bodies on behalf of medical practices.
• Third-Party Contract Negotiations Negotiation of third-party payer contracts on behalf of physician practices, aimed at securing favorable reimbursement terms with insurers.
• Practice Consulting Consulting services for physician practices covering operational, administrative, and management matters to improve practice performance.
• Customized Management Reporting Customized management reports delivered to physician practices, providing visibility into billing, collections, and operational performance.

Quantifiable outcome

• Billing cycle can be less than 1 day from date of service
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ModMed (Modernizing Medicine)coreTechnology or IntegrationModMed is an enterprise-grade multi-specialty billing system specifically designed for MSO or service bureau operations. Physicians Advisory Group utilizes ModMed as one of three primary software systems for healthcare receivables management.
• EpiccoreTechnology or IntegrationEpic provides enterprise healthcare billing and receivables management systems. Used by Physicians Advisory Group as one of three primary software platforms for billing operations.
• InfinxcoreTechnology or IntegrationInfinx provides healthcare receivables management software platform. Listed as one of three primary software systems used for billing operations. Also listed as a Medicare administrative partner.
• HBMA (Healthcare Billing and Management Association)minorOthersProfessional industry association membership providing education, networking, and industry standards for healthcare billing professionals. President Jeffrey Hamlin is a member.
• HFMA (Healthcare Financial Management Association)minorOthersProfessional industry association for healthcare financial management professionals. President Jeffrey Hamlin is a member.
• ACHE (American College of Healthcare Executives)minorOthersProfessional association for healthcare executives. President Jeffrey Hamlin is a member.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• eClinicalWorks: eClinicalWorks is a major ambulatory EHR vendor that also offers practice management and billing services for physician practices. It competes with PAG by bundling RCM inside a widely adopted EHR platform used by small and mid-sized practices.
• R1 RCM: R1 RCM is one of the largest outsourced revenue cycle management providers in the U.S., focused on hospital systems and large physician groups. Its modular RCM suite competes with PAG at the higher-complexity end of the same market.
• athenahealth: athenahealth is a large-scale EHR, practice management, and patient billing platform serving practices of all sizes. It overlaps with PAG's billing services but bundles software, RCM, and patient engagement at enterprise scale across thousands of practices.

Direct peers

• BillingParadise: BillingParadise delivers end-to-end medical billing, coding, and receivables management for physician practices across multiple specialties. It targets the same outsourced RCM buyer as PAG and competes on collections recovery and reporting quality.
• Coronis Health: Coronis Health is a medical billing and revenue cycle management service bureau serving physician practices and specialty groups nationally. It directly competes for the same outsourced RCM business and uses a comparable percentage-of-collections pricing approach.
• AdvantEdge Healthcare Solutions: AdvantEdge Healthcare Solutions provides outsourced medical billing, coding, and practice management for physician offices and specialty groups. Like PAG, it competes on RCM accuracy, custom reporting, and credentialing/contract support for small-to-mid-sized practices.
• PracticeSuite: PracticeSuite offers a cloud-based medical practice management and billing platform for small and mid-sized physician practices. It overlaps with PAG's target market and combines EHR, PM, and RCM into an integrated SaaS offering.
• Tebra (formerly Kareo): Tebra provides cloud-based medical billing, practice management, and EHR software purpose-built for small and independent medical practices — the same core customer segment PAG serves. Both monetize via transaction-based and subscription models targeting physician offices without enterprise-scale IT resources.

Others

• Modernizing Medicine (ModMed): ModMed is an EHR and practice management vendor that PAG lists as a core technology partner. It enables multi-specialty billing workflows and competes indirectly by offering integrated billing capabilities to specialty practices.
• Infinx Healthcare: Infinx is a healthcare revenue cycle software and services vendor that PAG uses for receivables management. It is both a technology partner and an adjacent services competitor offering AI-enabled prior authorization and patient access solutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/physician-advisory-group-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Physicians Advisory Group,Inc.