Business Advisors Md
- Company typePrivate
- Founded2000
- HeadquartersPlano, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Business Advisors Md firmographics
Firmographics- Name
- Business Advisors Md
- Legal name
- Business Advisors MD
- Website
- https://businessadvisorsmd.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Business Advisors Md industry classification
Industry- Product category
- Healthcare Revenue Cycle Management
- NAICS
- Administrative Management and General Management Consulting Services (541611)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Patient Billing, Statements & Payment Processing (HLACACAG)
- akta.pro secondary industry
- Risk, Compliance & Internal Controls Consulting (BPAHACAJ)
Keywords
Where Business Advisors Md is headquartered
LocationHeadquarters
- HQ city
- Plano
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Business Advisors Md business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Professional Consulting Services: Strategic consulting services positioned to make billing process extremely efficient and effective for maximum revenue. Services include revenue cycle management, medical billing, coding, credentialing, and denial management.
- Laboratory Services Billing: Comprehensive billing services for laboratories including CLIA applications, requisition forms, billing system implementation, LIS interfacing, insurance verification, coding, and aggressive denial management.
- Facility Services Billing: Medical billing services for hospitals, urgent care, nursing homes, and ASCs including UB04 billing, coding, audits, and accounts receivable recovery.
- Physician Services Billing: Full-service transparent medical billing for physicians across all specialties, hospitalists, multi-specialty groups, and ancillary services including new practice set-up and credentialing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise pricing based on scope of services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Business Advisors Md product offering
Product offeringCore offering
Business Advisors MD provides end-to-end medical billing, coding, and revenue cycle management services for healthcare providers across three core verticals: laboratories (molecular/PCR, genetics, toxicology, blood), facilities (hospitals, urgent care, nursing homes, ASCs), and physician practices (all specialties, hospitalists, multi-specialty groups). Offerings span CLIA applications, LIS interfacing, insurance verification, coding, claims processing, denial management, A/R recovery, credentialing, contracting, and confidential claim audits, delivered through a direct consulting engagement model.
Product overview
Business Advisors MD is a strategic healthcare consulting firm offering a unified medical billing and revenue cycle management platform with three core service lines: Laboratory Services, Facility Services, and Physician Services. These are supported by modular sub-products including Medical Billing, Credentialing and Contracting, Accounts Receivable Recovery, Claim Audit, Laboratory Set-Up, Coding Services, Audit Services, and New Practice Set-Up. The company positions itself as more than a traditional medical billing company, functioning as a strategic business advisor with processes designed for rapid implementation (under 5 days), transparent reporting, and revenue optimization across all healthcare segments.
Differentiator
Problem solved
Functional benefit
Products and services
- Laboratory Services Comprehensive billing and administrative services for molecular/PCR, genetics, toxicology, and blood laboratories. Includes CLIA applications, requisition forms, billing system implementation, LIS interfacing, insurance verification, coding, medical billing, aggressive denial management, financial reporting, and reference lab introductions.
- Facility Services Medical billing and coding services for hospitals, urgent care centers, nursing homes, and ambulatory surgery centers (ASCs). Includes UB04 billing, specialty coding, revenue cycle audits, accounts receivable recovery, and out-of-network claim management.
- Physician Services Full-service transparent medical billing for physicians across 20+ specialties, hospitalists, and multi-specialty groups. Includes front-desk training, credentialing, contracting, A/R recovery, coding, denial management, and chart audits.
- Credentialing and Contracting Provider enrollment and contracting services with Medicare, Medicaid, and commercial payers, including form completion, credentialing process management, and contract negotiation even with closed panels.
- Accounts Receivable Recovery Dedicated A/R recovery team focused on identifying root causes of claim denials, correcting claims, and maximizing reimbursements from old unpaid balances and out-of-network claims.
- Claim Audit Confidential audit services conducted by certified coders that identify issues preventing claims from being paid. Process does not require system access or involvement of current billing team.
- Laboratory Set-Up Comprehensive new laboratory launch support including CLIA acquisition across all states, legal entity formation, requisition creation, billing system implementation, fee schedule development, staffing assistance, and reference laboratory introductions.
- New Practice Set-Up Complete business formation services for new physician practices including credentialing, payer contracting, hospital privileges assistance, and process optimization implementation.
Quantifiable outcome
- Billing system implementation completed in less than 5 days with seamless transition and no negative impact to cash flow
- +4 more outcomes
Companies that use Business Advisors Md
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Business Advisors Md technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Business Advisors Md partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Business Advisors Md competitors and assessment
Company assessmentBroad incumbents
- R1 RCM: R1 RCM is a large, publicly traded revenue cycle management company serving hospitals and large healthcare providers with technology-enabled services. It competes with Business Advisors MD in hospital/facility RCM but operates at far greater scale and with proprietary technology.
- Waystar: Waystar is a large healthcare RCM technology platform offering claims management, patient billing, and denial management. It competes with Business Advisors MD on the billing/denial management functions but delivers via cloud software rather than professional services.
- Athenahealth: Athenahealth provides integrated EHR, practice management, and RCM solutions for physician practices and health systems. It overlaps with Business Advisors MD's physician services segment but bundles technology rather than standalone services.
- Conifer Health Solutions: Conifer Health Solutions delivers RCM, patient access, and revenue integrity services primarily to hospitals and health systems. It competes with Business Advisors MD's facility segment but at significantly larger scale (Tenet subsidiary).
Direct peers
- AdvantEdge Healthcare Solutions: AdvantEdge Healthcare Solutions is a healthcare RCM and billing services provider serving multi-specialty physician groups, hospitals, and ASCs. It is closely comparable to Business Advisors MD in service model and target customer profile (multi-segment healthcare RCM with specialty expertise).
- Zotec Partners: Zotec Partners is a healthcare RCM and analytics company with services spanning physician billing, radiology, and multi-specialty practices. It is comparable in service-led RCM delivery and broad healthcare provider focus.
- Coronis Health: Coronis Health provides end-to-end RCM, billing, and coding services with strong emphasis on laboratory, pathology, and ancillary provider segments. It is highly comparable to Business Advisors MD in lab-specialty focus and multi-segment service approach.
- Xifin: Xifin specializes in billing and RCM for diagnostic laboratories, including molecular and esoteric labs, with technology platforms integrated with LIS systems. It is a direct competitor in Business Advisors MD's core laboratory billing niche.
- Quadax: Quadax provides healthcare billing, claims management, and RCM services with focus on laboratories and ancillary providers. It is comparable in professional-services-led RCM delivery for diagnostic and specialty providers.
Emerging players
- CareCloud: CareCloud offers cloud-based EHR, practice management, and RCM services targeting small-to-mid-sized physician practices. It partially overlaps with Business Advisors MD's physician services but is more technology-driven and serves smaller practices.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Business Advisors Md social profiles
Digital presenceBusiness Advisors Md financial estimates
Financial estimateRevenue estimate
Valuation estimate
Business Advisors Md leadership team
Management profileNumber of profiles
Business Advisors Md funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Business Advisors Md 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 Business Advisors Md
What does Business Advisors Md do?
Business Advisors MD provides end-to-end medical billing, coding, and revenue cycle management services for healthcare providers across three core verticals: laboratories (molecular/PCR, genetics, toxicology, blood), facilities (hospitals, urgent care, nursing homes, ASCs), and physician practices (all specialties, hospitalists, multi-specialty groups). Offerings span CLIA applications, LIS interfacing, insurance verification, coding, claims processing, denial management, A/R recovery, credentialing, contracting, and confidential claim audits, delivered through a direct consulting engagement model.
Is Business Advisors Md a public or private company?
Business Advisors Md is a private company. It is classified as unknown and is currently operating.
When was Business Advisors Md founded?
Business Advisors Md was founded in 2000. It employs 11 to 50 people.
Where is Business Advisors Md based?
Business Advisors Md is headquartered in Plano, United States, in the North America region.
How does Business Advisors Md make money?
Four revenue lines are on record. Professional Consulting Services are the primary driver. The others are laboratory Services Billing, facility Services Billing and physician Services Billing.
Who are Business Advisors Md's main competitors?
Broad incumbents on record are R1 RCM, Waystar, Athenahealth and Conifer Health Solutions. Direct peers are AdvantEdge Healthcare Solutions, Zotec Partners, Coronis Health, Xifin and Quadax. CareCloud is listed as an emerging player.
Does Business Advisors Md have an API?
No public API is recorded for Business Advisors Md.
What industry is Business Advisors Md in?
Business Advisors Md's product category is Healthcare Revenue Cycle Management. Its primary akta.pro industry code is HLACACAG, Patient Billing, Statements & Payment Processing, with a secondary code of BPAHACAJ, Risk, Compliance & Internal Controls Consulting. Its NAICS code is 541611 and its SIC code is 8742.