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.