Millennium Medical Billing
Millennium Medical Billing is a privately held, MWBE-certified US-based medical billing and revenue cycle management firm that serves specialty healthcare practices across all 50 states via an 11-service RCM suite and a percentage-of-collections pricing model.
- Company typePrivate
- Founded2009
- HeadquartersStaten Island, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Millennium Medical Billing does
Millennium Medical Billing (MMB) is a privately held, MWBE-certified medical billing and revenue cycle management (RCM) services provider founded in 2009 and headquartered in Staten Island, New York. The company delivers an end-to-end suite of 11 interconnected services — medical billing, medical coding, patient billing, payment posting, accounts receivable management, reporting, collections, EHR optimization, credentialing, demographic updates, and consulting/training — for healthcare practices across all 50 U.S. states. Its technology foundation centers on integrations with major EHR platforms including eClinicalWorks, Kareo, athenahealth, Allscripts, and DrChrono, enabling claims submission within 24 hours and a stated 98% clean-claim rate.
MMB targets specialty practices (OB/GYN, physical therapy, speech therapy, general surgery, hormone replacement therapy, and 20+ additional specialties) ranging from solo practitioners to multi-location networks. The company differentiates on a US-based, 24/7 in-house operations team positioned against offshore outsourcing, supported by a no-contract, no-setup-fee commercial model. Revenue is generated through a percentage-of-collections pricing structure aligned to client recovery performance.
The company is independently owned with Danielle Buchell identified as the operating leader, and is a member of the Staten Island Economic Development Council and Staten Island Chamber of Commerce. MMB received industry recognition as Kareo's 2016 runner-up for Medical Billing Company of the Year and announced a Florida regional office expansion in 2024. No external funding, institutional investors, or AI/ML capabilities are disclosed.
Millennium Medical Billing firmographics
Firmographics- Name
- Millennium Medical Billing
- Legal name
- Millennium Medical Billing
- Website
- https://millmedbill.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Millennium Medical Billing is a privately held, MWBE-certified US-based medical billing and revenue cycle management firm that serves specialty healthcare practices across all 50 states via an 11-service RCM suite and a percentage-of-collections pricing model.
- Ownership category
- akta.pro rank
Millennium Medical Billing industry classification
Industry- Product category
- Healthcare Revenue Cycle Management
- NAICS
- Offices of Physicians (6211)
- SIC
- Services-Health Services (8000)
- 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 Billing, Coding & Revenue Cycle (EDAOAJAE)
Keywords
Where Millennium Medical Billing is headquartered
LocationHeadquarters
- HQ city
- Staten Island
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Millennium Medical Billing business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Percentage-Based Medical Billing Services: MMB charges a percentage based on what is collected each month. An invoice is sent to the client at the end of every month. Fees are competitively priced and vary based on the size of practice and scope of services provided. No fee guarantee: if they do not obtain a claim or recovery, the client does not pay.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Percentage-based on collections |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Millennium Medical Billing product offering
Product offeringCore offering
Millennium Medical Billing provides outsourced medical billing and full-cycle revenue cycle management for U.S. specialty healthcare practices, including claims submission, certified medical coding, accounts receivable follow-up, collections, payer credentialing, and EHR workflow optimization. Services are priced on a performance basis as a percentage of collections, with no long-term contracts.
Product overview
Millennium Medical Billing (MMB) is a MWBE-certified medical billing company offering a comprehensive suite of revenue cycle management services for healthcare practices across all 50 U.S. states. The portfolio consists of 11 interconnected core services: Medical Billing (core platform covering claims submission and revenue recovery), Medical Coding, Patient Billing, Posting, AR Management, Reporting, Collections, EHR Optimization (for integration with existing systems), Credentialing, Demographic Updates, and Consulting & Training. The company operates on a performance-based model—charging a percentage of collections—with a 30% revenue increase guarantee and no upfront costs or contracts required.
Differentiator
Problem solved
Functional benefit
Products and services
- Medical Billing and Claims Submission
Quantifiable outcome
- 30% increase in monthly revenue potential
- +3 more outcomes
Companies that use Millennium Medical Billing
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles1 record
Millennium Medical Billing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature3 records
Millennium Medical Billing partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- KareocoreKareo is an EHR and medical billing software provider with whom Millennium Medical Billing has an integrated partnership. Millennium uses Kareo's platform for billing operations. The partnership was recognized when MMB was named Kareo's 2016 runner up for 'Medical Billing Company of the Year'.
- Staten Island Economic Development Council (SIEDC)minorActive member organization supporting economic development in Staten Island. MMB participates as a member business contributing to local economic growth.
- Staten Island Chamber of CommerceminorActive member of the Chamber of Commerce providing networking opportunities and local business community engagement.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Millennium Medical Billing competitors and assessment
Company assessmentBroad incumbents
- Waystar: Waystar provides healthcare billing, payments, and RCM technology to hospitals and physician practices. Comparable as a competitor in healthcare claims processing and patient billing, though Waystar primarily sells technology rather than outsourced RCM services.
- R1 RCM: R1 RCM is a large-scale RCM platform serving hospitals, health systems, and large physician groups. Comparable as a leader in the same RCM outsourcing category MMB operates in, but at materially larger scale and focused on enterprise accounts rather than SMB specialty practices.
- Experian Health: Experian Health offers healthcare RCM, claims management, and patient billing technology to providers and health systems. Comparable in operating across the medical billing and claims workflow MMB serves, though at significantly larger scale and primarily as a technology vendor.
Direct peers
- PracticeSuite: PracticeSuite provides cloud-based medical billing, EHR, and practice management services to small and mid-sized physician practices. Directly comparable to MMB as a full-service RCM outsourcer targeting SMB specialty practices with a similar percentage-of-collections or subscription model.
- CareCloud: CareCloud (formerly MTBC) delivers RCM, medical billing, and EHR services to physician practices across multiple specialties. Comparable to MMB in serving specialty practices with end-to-end billing workflows, though operating at meaningfully larger scale.
- AdvancedMD: AdvancedMD offers cloud-based medical billing, EHR, and practice management for small to mid-sized practices and billing companies. Comparable in serving the SMB specialty-practice segment with outsourced RCM and integrated EHR workflows.
- BillingParadise: BillingParadise delivers medical billing, coding, and RCM services across multiple specialties including cardiology, radiology, and orthopedics. Directly comparable in offering outsourced specialty-billing services to small and mid-sized practices.
- Coronis Health: Coronis Health provides end-to-end RCM, medical billing, coding, and credentialing services for medical practices and health systems. Comparable to MMB as a multi-specialty RCM outsourcer offering the full suite of services MMB provides.
- MedEvolve: MedEvolve provides RCM, medical billing, and practice management software and services to physician practices and billing companies. Directly comparable to MMB as an RCM outsourcer with specialty-practice focus and EHR integration capabilities.
- InSync Healthcare Solutions: InSync Healthcare Solutions provides EHR, practice management, and RCM services to medical practices including mental health and specialty providers. Comparable to MMB as a full-service RCM outsourcer targeting specialty practices.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Millennium Medical Billing social profiles
Digital presenceMillennium Medical Billing compliance and trust
Trust signalCompliance1 record
Millennium Medical Billing financial estimates
Financial estimateRevenue estimate
Valuation estimate
Millennium Medical Billing leadership team
Management profileNumber of profiles
Profiles1 record
Millennium Medical Billing funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Millennium Medical Billing 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 Millennium Medical Billing
What does Millennium Medical Billing do?
Millennium Medical Billing provides outsourced medical billing and full-cycle revenue cycle management for U.S. specialty healthcare practices, including claims submission, certified medical coding, accounts receivable follow-up, collections, payer credentialing, and EHR workflow optimization. Services are priced on a performance basis as a percentage of collections, with no long-term contracts.
Is Millennium Medical Billing a public or private company?
Millennium Medical Billing is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Millennium Medical Billing founded?
Millennium Medical Billing was founded in 2009. It employs 11 to 50 people.
Where is Millennium Medical Billing based?
Millennium Medical Billing is headquartered in Staten Island, United States, in the North America region.
How does Millennium Medical Billing make money?
One revenue line is on record: percentage-Based Medical Billing Services.
Who are Millennium Medical Billing's main competitors?
Broad incumbents on record are Waystar, R1 RCM and Experian Health. Direct peers are PracticeSuite, CareCloud, AdvancedMD, BillingParadise, Coronis Health, MedEvolve and InSync Healthcare Solutions.
Does Millennium Medical Billing have an API?
No public API is recorded for Millennium Medical Billing.
What industry is Millennium Medical Billing in?
Millennium Medical Billing'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 HLACACAG, Patient Billing, Statements & Payment Processing. Its NAICS code is 6211 and its SIC code is 8000.