HBMA Congratulates Professional Billing and Management Services, Inc. on Compliance Re-Accreditation

WASHINGTON - Oct. 27, 2020 - PRLog -- (Washington) – Today the Healthcare Business Management Association (HBMA) announced that Professional Billing and Management Services, Inc. (PBMS) has earned re-accreditation under the HBMA Compliance Accreditation Program for revenue cycle management (RCM) companies (a.k.a., medical billing and practice management companies) and offered its congratulations. The HBMA Compliance Accreditation Program assesses compliance with a range of federal healthcare industry regulations, including provisions to protect patient privacy under HIPAA, promote cybersecurity, and prevent fraud, waste, and abuse in medical billing.

PBMS is an RCM company and has been providing the highest quality medical billing and practice management services since 1987. Our web-based software allows us to provide billing services anywhere with no geographical limitations. We currently have 75+ medical practices (350+ providers). PBMS takes great pride in the solutions we bring to our providers and our successful long-term partnership with them.

"Professional Billing and Management Services strives to meet all compliance requirements each year and we are very proud to be accredited by HBMA!" said Janet Selover, president and founder of PBMS.

"HBMA recognizes that in medical billing and revenue cycle management the security threats and federal regulations are continually expanding and evolving. There are severe consequences for not staying current in this environment.  Professional Billing and Management Services was required to pass another independent evaluation to verify that it still surpasses federal regulations and employs best practices to protect confidential patient medical information, safeguard their data systems, and prevent fraud," said Cindy Pittmon, RCC, CHBME, FRBMA, president of HBMA.

Healthcare providers trust and rely on RCM companies to ensure the privacy and security of their protected health information (PHI) and to operate with billing policies and practices that meet regulatory requirements. The HBMA Compliance Accreditation Program independently assesses the participating company's program to fulfill those obligations. Because change in healthcare and its regulatory environment are constant, accreditation must be earned annually to meet new guidelines and requirements.

The HBMA Compliance Accreditation Program assesses compliance with HIPAA and with Health and Human Service Office of Inspector General compliance standards on fraud, waste and abuse; the Stark Law, which is designed to prevent conflicts of interest by medical providers in their prescribed patient care; federal anti-kickback law; and the OIG work plan. The HBMA Compliance Accreditation Program conducts an annual comprehensive evaluation of the policies and practices of RCM companies with respect to employee training; security risks and the security of confidential patient health information; documentation storage and handling; practices to promote compliance with federal regulations; disaster and emergency preparedness plans; and human resources practices, background check procedures and onboarding.

http://www.hbma.org