Scott Law’s vision for Zotec Partners, the company of which he has been Founder and Chief Executive Officer since 1998, is simple: “Turning medical encounters into cash.”
In an often bewildering healthcare technology environment, such simplicity is refreshing, even when the mission is getting more complex due to the rise of consumer involvement in the process at the expense of insurance companies. For a medical billing veteran like Law, this presents both challenges and opportunities.
“Consumers do what consumers do, they complain, they want discounts, they want to be an active member of healthcare, where they used to not be involved at all,” he said in a recent interview. As the man in charge of the money, it can present headaches, but Law also says it’s the most exciting part of the business today.
He also says that his clients are “under siege,” and helping them survive seismic shifts in the industry is what motivates him every day. “There are lots of different places where our physician clients have opportunities to be better on the financial side, and the transactions they’re involved with. That’s really what gets me up in the morning.”
It’s been many, many mornings since the Butler University graduate started Zotec Partners, and in that time, the company has expanded, even starting the Zotec Foundation in 2018 to help at-risk youth in Indiana prepare for the future. The key to this longevity is reliability, as Law recently told Forbes.
“Our internal team members and external partners know exactly what to expect from us and when to expect it," he says. "Because of these processes, our healthcare provider clients have clarity into the complete financial experience.”
“Clarity” and “healthcare” rarely appear together in the same sentence. Law has made a career of conjoining them. No wonder there’s always more work to do; that’s why Zotec has been around for 27 years and counting.
