Friday, 06 July 2012
Sherry Krueger

Healthcare Networks of America, LLC announces that they have signed a new contract with FedMed, Inc.

Written by  Sherry Krueger

Phoenix, Arizona – Healthcare Networks of America, LLC announces that they have signed a new contract with FedMed, Inc. (FedMed). FedMed is a National Provider Network and Healthcare Financial Services Organization that has developed innovative programs and services for the healthcare provider community in conjunction with large payers of healthcare services. "With the addition of this new contract for our preferred providers, they are able to participate in-network with a variety of payers to bring more patients to their practices, which will ultimately bring in more revenue for them," says Sherry Krueger, Executive Director. "FedMed is providing three components to their contract for our providers to choose from, which include worker's compensation, auto accident injury and general health care," Krueger adds.

 

FedMed is a privately owned corporation based in Rockville, Maryland. Founded in 2000, their Preferred Provider Organization consists of over 550,000 Physicians, 4,000 Hospitals and 60,000 Ancillary Care Providers nationwide which processes more than $4 billion in annual medical claims through the network. More than 40 million Americans have access to FedMed's National Provider Network. If claims are not paid within 30 days of service, FedMed guarantees that all claims processed accrue interest at an annual rate of 5.1% from the date of service until the date the claim is paid. They understand that the payment of claims is everyone's priority.

"We are pleased to be able to offer this new contract to our providers to help them promote a successful practice and look forward to a continued relationship with FedMed" says Krueger.

Healthcare Networks of America, LLC is a national provider network comprised of over 17,000 physicians throughout the United States. HNA provides a range of services to its member physicians including managed care contracting, cash medicine programs, administrative outsourcing and web marketing programs. HNA’s physician network also services to over 4,200 health plans and 12.6 million patients nationally.

For further information contact: Healthcare Networks of America at: ProviderRelations@hna-net.com, Sherry Krueger, Executive Director, 877-315-3338.

Last modified on Thursday, 20 September 2012

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