JoTo PR features Tranquilmoney, an accomplished healthcare financial management company administering robust business tools to facilitate operations for private practices, shifting the trend of doctors selling their practices to larger hospitals or conglomerates.
(Tampa Bay, Fla.) July 30, 2018 – From 2007 to 2013, researchers discovered that almost 10 percent of physician practices were acquired by a hospital. Once acquired, prices for physicians’ services rose by an average of 14 percent, going against the preconceived notion by physicians that prices will drop if they sold their practice to a hospital.1 Tranquilmoney’s advancement in practice management technology contributes to resolving the overwhelming backlog of medical data. JoTo PR will highlight Tranquilmoney’s services to alter physicians’ perspectives of merging with hospitals and improving their medical enterprise.
Today, more physicians are consolidating through investor-owned companies to better handle cost pressures, and to match the bargaining power of bulked-up health insurers and hospitals. Some companies tell physicians that by selling, they can focus on medicine and hand off chores like collecting patient bills and negotiating reimbursement arrangements with health insurers.2
“Per reports, the fear of physicians to sell their practices has been exploited based on the misconception that it’ll solve current issues surrounding their operations,” Karla Jo Helms, CEO, Chief Evangelist and Anti-PR Strategist for JoTo PR, said. “But statistics tell the opposite narrative¾Tranquilmoney’s services equip a wide range of medical practices in need of overhauling medical billing procedures so they can focus on practicing medicine.”
Tranquilmoney was incorporated in 1995 to provide solutions aimed at reversing the trend of doctors in independent practices feeling at a loss with the increased complexity of the
business and regulatory side of the healthcare industry. The pattern of physicians selling their practices to large hospitals is one that is avoidable. Tranquilmoney has the tools in
place to provide physician practices with financial management services, such as physician receivables management, pharmacy receivables management, healthcare insurance forms processing, and data capture services. In short, doctors can focus on patient care knowing that their practices are in order.
“The technology behind Tranquilmoney’s products mitigates the pressure on physicians nationwide, enabling them to direct their full attention towards patients who demand quality, comprehensive medical care.” added Helms.
JoTo PR has a background of proven PR services that demonstrate reliability in disseminating services to national and international organizations for impact-on-revenue results. The firm is a constantly adapting with the modern age of digital media, blending traditional PR expertise with advanced disruptive PR tactics to exemplify full advantage of today’s media landscape. JoTo PR specializes in the healthcare, finance and technology sectors, but has worked for numerous industries and non-profits, using a proprietary process to consistently recognize, transfer and disclose news to the press that’s most valuable to its readers, viewers and listenership.
About JoTo PR:
After doing marketing research on a cross-section majority of 5,000 CEOs of fast-growth trajectory companies and finding out exactly how they used PR, how they measure it and how they wanted the PR industry to be different, PR veteran and innovator Karla Jo Helms created JoTo PR and established its entire business model on those research findings. Astute in recognizing industry changes since its launch in 2009, JoTo PR’s team utilizes newly established patterns to create timely PR campaigns comprising both traditional and the latest proven media methods. This unique skill enables JoTo PR to continue to increase the market share and improve return on investment (ROI) for its clients, year after year—beating usual industry standards. Based in Tampa Bay, Florida, JoTo PR is an established international public relations agency. Today, all of JoTo PR’s processes are streamlined PR services that have become the hallmark of the JoTo PR name. For more information, visit JoTo PR online at https://www.jotopr.com.
About Karla Jo Helms:
Karla Jo Helms is the Chief Evangelist and Anti-PR Strategist for JoTo PR.
Karla Jo learned firsthand how unforgiving business can be when millions of dollars are on the line—and how the control of public opinion often determines whether one company is happily chosen or another is brutally rejected.
Being an alumna of crisis management, Karla Jo has worked with litigation attorneys, private investigators and the media to help restore companies of goodwill back into the good graces of public opinion—Karla Jo operates on the ethic of getting it right the first time, not relying on second chances, and doing what it takes to excel.
Karla Jo has patterned her agency on the perfect balance of crisis management, entrepreneurial insight and proven public relations experience. Helms speaks globally on public relations, how the PR industry itself has lost its way and how, in the right hands, corporations can harness the power of PR to drive markets and impact market perception.
- Sachin Waikar. Based on the research of Cory Capps, David Dranove and Christopher Ody, “When Healthcare Providers Consolidate, Medical Bills Rise.” Kellogg Insight, Kellogg School of Management, Northwestern University. 1 Feb. 2018.
- Snowbeck, Christopher. “Why Local Doctors Are Selling Their Practices to National Companies.” Star Tribune, Star Tribune, 16 June 2016.