Smart Medical Alliance, Inc. On September 1, 20
Post# of 1525
On September 1, 2016, Progressive Care opened Smart Medical Alliance Inc. to assist healthcare providers with navigating
the complex risk management environment of their insurance network contracts. The Company believes that the need for
outsourced support for providers is increasing and estimates the market in the state of Florida to be over $1 billion
annually.
Smart Medical Alliance provides management and support services to doctors and administrators under both capitated
and fee-for-services insurance contracts. It has created a set of service options for providers as well as a-la-carte pricing to
meet the specific needs of healthcare practices. These services will include billing & coding, data management and
evaluation, compliance & adherence monitoring, recruiting, staffing, training, best practices and supervisory procedures.
The annual cost for the services based on the needs of the provider could be up to 20% of the providers’ annual net
revenues.