This communication is a reminder that the US Postal Service (USPS) implemented their 1 – cent increase for letters on January 22, 2012. This is the first price change for USPS First-Class Mail stamps in more than two and a half years. The USPS rate increase will only affect customers who process Paper Claims and Patient Statements. This new rate increase became effective March 1, 2012 for our applicable Med Advent customers. As a result of the postal increase, those processing Paper Claims and Patient Statements will find an increase of 1- cent, per transaction, on their March invoice. Paper claims will increase from $0.45 to $0.46; while patient statements will increase from $0.68 to $0.69. Other fees associated with Paper Claims and Patient Statements - paper, printing, equipment and personnel to process, sort, and mail the items plus our software and support services will remain unchanged. In addition, the Patient Statements fee will continue to include unlimited pages and the USPS Fast Forward service.
If interested in saving money and getting paid faster by eliminating paper claims, please contact our Sales & Implementation Solution staff at (888) 590-4222, Option 2, for an analysis on your account at no charge.
Med Advent strives to provide best in class product, service, and pricing to our customers and work hard to remain your preferred choice. As always, we thank you for your business and are appreciative that you have chosen Med Advent for your Practice Business Solutions. Any further questions regarding this communication, please feel free to contact us at (888) 590-4222.
Med Advent Team