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MRI Medical Management Services, LLC (an MSO organization)
MRI International, Inc., through an affiliation agreement, is the exclusive funding agent to purchase medical claims that are generated by MRI Medical Management Services, LLC from its network of multi-specialty physicians.
MSO administration techniques tend to be very attractive to small multi-specialty groups because of a diversity of needs by clinical based physician practices. For example, the following are some of the major challenges that the MSO will offer.
The goals of an MSO are:
1. To reduce the risk for participating physicians.
2. To support and enhance growth of the physician practice and improve market share.
3. To provide operating efficiencies for the group which ultimately stabilize or reduce overhead costs.
4. To provide an opportunity to enhance revenue streams for the physicians through collective contracting efforts coupled with service
development.
5. To stabilize the professional practice in order to provide for stability of admissions to system hospitals form this referral source.
6. To expand services available in a variety of environments through expansion and diversification of the physician membership.