Press Release – Rick Masterson

March 15, 2016

MEDICAL DATA SYSTEMS, INC. (MDS), a national leader in accounts receivable management and collection services, announces the promotion of Rick Masterson as President.

National healthcare receivables industry leader, MDS, has recently announced the promotion of Rick Masterson to President of the organization.

Rick joined MDS in 2003 serving as CIO and most recently COO, focusing on the overall growth and success of the company. Sharing his vast knowledge of the healthcare and receivables management industry; he has been instrumental in the technological development and operational efficiencies of the organization. Rick has served as educator, mentor and leader to his colleagues and through his significant achievements realized over his 13 year tenure, this promotion was truly merited.

Servicing over 450 clients with over 400 employees in offices located throughout the United States, MDS continues to be a privately held company, dedicated exclusively to the healthcare industry. The company recently celebrated their 30th Anniversary providing accounts receivable recovery solutions to hospitals and healthcare systems across the country. MDS offers a complete suite of revenue cycle solutions including: Extended Business Office (Early Out), Primary Collections and Secondary Bad-Debt Collections. They also offer System Conversion A/R Assistance, for those endeavoring in a major systems platform change, and also detailed A/R recovery projects.

As the President, Rick will continue to position MDS as a true partner to our Clients and relentlessly pursue the type of growth and success MDS and our Clients has become to expect each year.

Some of their clients have commented:

“The implementation and transition was seamless not only to our facility, but to our patients. We were able to transition our bad debt recovery operations in less than a month. The process was so streamlined and painless; it has transformed the way in which we handle data transfer with vendors within our revenue cycle. We have used lessons learned from this experience to standardize file transfers and set expectations for future implementations!” PFS Director, 197 bed Hospital

“I have found MDS to be a true partner with every encounter we have with them. Through their counseling approach to collections, they have created an environment in which their interaction with our patients mirrors the same care and concern we strive for. Their collection and recovery of aged accounts and insurance discovery far exceeds other agencies offering similar services and does so without complaints.” Jeff Korne, Executive Director Revenue Cycle, Dekalb Medical Center

“I continue to be amazed at the dollars MDS brings to our system, no matter how old the accounts are. IN addition, they treat our patients in a manner that does not produce complaints back to us. They have some type of magic formula that works.” Cathy H. Dougherty, FHFMA, Vice President Revenue Cycle Management, Gwinnett Hospital System, Inc.

For additional information regarding MDS, please contact Cheryl Spanier, Director, Business Development & Client Services at or visit