Frequently Asked Questions
MedFeeTree (MFT) is an online application that connects medical providers that have unpaid medical claims (account receivables) to medical billers most qualified to work those unpaid claims.
MFT can process Medicare, Medicaid, all Commercial insurance, Long Term Care insurance, Auto Liability and ERISA claims. We can even process Private Pay by sending statements via Text and E-mail that allows the patient to pay their portion quickly and securely via a credit card portal.
All types of medical providers can use MFT which includes; medical doctors, hospitals, dentist, surgery centers, chiropractors, hospice, home health, skilled nursing or any other provider that has medical claims.
After a biller works and gets claims paid, they will receive a commission based on the paid amount which is generally 7-40%. These commissions are paid directly to the billers from MFT and not from the providers so you can be sure to receive your compensation immediately after the claim has paid.
Medical providers deposit a portion of estimated commissions into MFT escrow. These commissions are not released to the biller until the claims are proven to be paid and deposited with the provider. If the claims never pay then the estimated commissions are released back to the provider.
MFT is secure and continually evaluated for HIPAA compliance. No PHI (Protected Health Information) is accessible to the public. Claims data are only available to billers that have been awarded the job, signed applicable confidentiality and Business Associate Agreements and have been screened and verified by MFT.