June 12 marks the fifth anniversary of Medivance Billing Service, Inc. (Sunrise, Fla.), a company that specializes in customized electronic claims processing for behavioral healthcare provider organizations. Launched by President Neisha Zaffuto and her sister with a loan from their mother, Medivance started in a small apartment with just two employees.
Under the direction of Zaffuto, who has since added CEO William McCormick to manage daily operations, Medivance Billing Service today has grown to a workforce of 50 while continuing to expand its range of services and behavioral health client relationships. Building on its electronic claims processing capabilities, Medivance also provides a range of services including front-end claims auditing, secondary and tertiary insurance claims filing, and options for customized weekly and monthly payment reporting. The company also offers fee analysis, fee structure recommendations, and fee negotiation consulting and services for providers seeking to optimize revenue generation from their current service capabilities.
“I remember the beginning like it was yesterday. My team and I have put in a lot of work in order to grow the company the way we have,” said Zaffuto, Medivance Billing Services’ president and founder. “We consider ourselves facility advocates who are here to generate maximum reimbursement on outstanding claims and provide personalized customer service.”
William McCormick stated, “For the first five years, Medivance Billing Service focused on proving to the industry that we are more than a billing company, that we are behavioral health revenue recovery specialists.” He added that soon, Medivance looks forward to launching Facility Info Dash, a user-friendly revenue dashboard that will enable facility owners and managers to review critical claim adjudication and revenue collection status data.