Michael Bumann, the Visionary Behind the Leading MVA Accounts Authority “Red Dot Management”
Regardless of the industry that they belong to, leading establishments succeeded in transforming into household names not only because of their products and services. At the heart of every powerhouse is an individual or a team whose passion, vision, expertise, and experience propelled the company toward success. Red Dot Management, a renowned authority in MVA account resolution, gives credit to Michael Bumann for spearheading the company as it rose through the ranks.
Established in 2014, Red Dot Management is a healthcare fintech company that provides solutions for the most challenging tranche of patient accounts: the self-pay and patient responsibility motor vehicle accident (MVA). It was specifically designed to craft a win-win solution for the parties involved, offering tailored strategies that have managed to dramatically reduce days in AR to less than 30 and improve the overall patient experience.
Since its founding, Bumann has led RDM’s every effort, grounding the company’s initiative in the goal of changing how liability claims are resolved within the healthcare industry. More importantly, at the foundation of the platform stands a father, husband, and serial entrepreneur who envisioned RDM’s inception as an opportunity to completely alleviate MVA self-pay victims from debt collection activity whilst providing immediate revenue to hospitals.
The extent to which Bumman has effectively wielded RDM as a platform for inspiring change in the healthcare industry is thanks to his in-depth understanding of and extensive experience in the field. Prior to launching RDM, he founded and led TPL Healthcare Solutions, a venture focused on the same liability claim patient population at the rehabilitation and clinical level. Additionally, he served as a volunteer firefighter and emergency medical technician (EMT), assisting those in need through various other roles related to emergency medical services. Today, even while occupied with pushing RDM to the forefront, he still takes the time to volunteer both domestically and internationally.
The CEO, who also bears certifications as a tactical combat casualty care provider, Swiftwater rescue technician, and rescue diver, has a comprehensive understanding of the game that Red Dot Management is currently winning. He boasts a decorated career that spans all aspects of the third-party liability claims industry. In addition, Bumman had worked for both insurance defense and plaintiff law firms before he transitioned into forming and managing several multi-disciplinary medical clinics that were intended to treat motor vehicle accident patients.
Over the years, Bumman has continuously capitalized on his expertise and years of experience to cater to the needs of individuals and the healthcare industry as a whole. Under his leadership, RDM has elegantly restructured the entire landscape of how liability claims are handled. In the future, with Bumman’s guiding hand and strategic directives, RDM is set to reach even greater heights, help more individuals and family units, as well as impact the healthcare industry in marked ways.
Learn more about Michael Bumman and Red Dot Management by visiting its website and Linkedin page.
