BROOMFIELD, Colo., April 30, 2013 /PRNewswire/ — Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that Medical Billing and Management Services (MBMS, LLC), one of the largest radiology billing companies in the U.S., is relying on Level 3’s network services to support the growth of its business, to improve communications among its diverse locations and to improve customer response times.
MBMS provides billing services to more than 450 radiologists in the U.S. Level 3’s network is interconnecting six of its locations in Pennsylvania, New Jersey and Delaware. Level 3 also is providing a range of network access and IP-based telephony services that will increase the speed and efficiency of the day-to-day communications among those locations. Level 3 services are enabling MBMS to respond more quickly to its customers’ inquiries, to access billing applications more rapidly and to improve call flow among its offices and customers.
“We chose Level 3 because they have vastly improved the speed, efficiency and reliability of our network communications as we expanded our business to new locations,” said Cathy Sells, president of MBMS. “We also were impressed with Level 3’s customer focus and the extraordinary attention the account team paid to our business needs. That has enabled us, in turn, to provide superior service to our customers, further differentiating us in the marketplace.”
Level 3® Multi-Protocol Label Switching /IP VPN service is a secure, private, fully interconnected network service that effectively creates a private virtual network for a customer within the Level 3 global network. This enables the customer to more reliably, efficiently and securely communicate among its various locations, while leveraging the scalability of Level 3’s global infrastructure. Level 3® Dedicated Internet Access (DIA) service combines vital business Internet features with maximum global reach and scalability. The Level 3 SIP Trunking service enables businesses to benefit from the efficiencies of Voice over IP technology, as well as establishes a single connection for all of their voice needs.
“We are delighted to support the business growth of MBMS, and to help improve the efficiency of its business and its service to its customers,” said Andrew Crouch, Level 3 regional president of North America. “We understand the importance of having a reliable, secure network that keeps pace with the daily demands of critical business functions.”
Level 3 serves more than 1,300 customers across the healthcare industry, providing a range of communications services to meet the needs of hospitals, medical centers, physicians, and administrators, as well as insurers and pharmaceutical companies. These solutions include core network services, data center services and managed security services, which directly support healthcare organizations as they work to meet federal government mandates relating to electronic healthcare. A Level 3-commissioned study of healthcare CIOs conducted to assess their priorities and progress revealed that most plan to upgrade their network infrastructure in the next two years to support the need for interconnectivity, EHRs, telehealth, mobile applications and other new technologies. For more information on Level 3’s healthcare offerings, visit http://www.level3.com/en/solutions/industry/healthcare.
About Medical Billing and Management Services
MBMS has been serving radiology practices for more than a quarter century and currently provides billing for more than 450 radiologists. As one of the largest and best-performing billing companies in the country, MBMS is able to provide its client’s with exceptional customer service and unparalleled financial results.
MBMS’s industry-leading performance is the result of our substantial investments in billing automation technology. This automated process reduces errors and improves turnaround time, allowing us to provide a higher clean claims rate, lower days on books, and better net collections than other firms. For more information, please visit www.mbms.net.
This information is provided by Medical Billing and Management Services, which is solely responsible for its content.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE:LVLT) provides local, national and global communications services to enterprise, government and carrier customers. Level 3’s comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 500 markets in 55 countries over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. For more information, please visit www.level3.com
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications, Level (3) and the Level 3 Logo either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners. Level 3 services are provided by subsidiaries of Level 3 Communications, Inc.
Website Access to Company Information
Level 3 maintains a corporate website at www.level3.com, and you can find additional information about the company through the Investors pages on that website at http://investors.level3.com/investor-relations/default.aspx. Level 3 uses its website as a channel of distribution of important information about the company. Level 3 routinely posts financial and other important information regarding the company and its business, financial condition and operations on the Investor Relations web pages.
Visitors to the Investors Relations web pages can view and print copies of Level 3’s SEC filings, including periodic and current reports on Forms 10-K, 10-Q, 8-K, as soon as reasonably practicable after those filings are made with the SEC.
Copies of the charters for each of the Audit, Compensation and Nominating and Governance committees of Level 3’s Board of Directors, its Corporate Governance Guidelines, Code of Ethics, press releases and analysts and investor conference presentations are all available through the Investor Relations web pages.
Please note that the information contained on any of Level 3’s web sites is not incorporated by reference in, or considered to be a part of, any document unless expressly incorporated by reference in that document.
Forward-Looking Statement
Some statements made in this press release are forward-looking in nature and are based on management’s current expectations or beliefs. These forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3’s control, which could cause actual events to differ materially from those expressed or implied by the statements. Important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the company’s ability to: successfully integrate the Global Crossing acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; avert the breach of its network and computer system security measures; develop new services that meet customer demands and generate acceptable margins; defend intellectual property and proprietary rights; manage the future expansion or adaptation of its network to remain competitive; manage continued or accelerated decreases in market pricing for communications services; obtain capacity for its network from other providers and interconnect its network with other networks on favorable terms; attract and retain qualified management and other personnel; successfully integrate future acquisitions; effectively manage political, legal, regulatory, foreign currency and other risks it is exposed to due to its substantial international operations; mitigate its exposure to contingent liabilities; and meet all of the terms and conditions of its debt obligations. Additional information concerning these and other important factors can be found within Level 3’s filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
| Contact Information | |
| Media: | Investors: |
| Kate Rankin | Mark Stoutenberg |
| +1 973 937-0417 | +1 720-888-2518 |
| Kathleen.Rankin@level3.com | Mark.Stoutenberg@Level3.com |
SOURCE Level 3 Communications, Inc.
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