MPV Announces Contract with Texas Tech University Health Sciences Center
MPV Phynance™ will allow medical group to identify contractual underpayments and improve contract negotiations with payors

AUSTIN, Texas. – January 31, 2006 – Medical Present Value, Inc. (MPV), a leading provider of financial tools and expert services to manage payor contracts and audit reimbursement, today announced that Texas Tech University Health Sciences Center (TTUHSC) has selected MPV Phynance™ to monitor reimbursement for more than 500 providers at its four campuses across Texas.

"In the past, we did not have access to the data we needed to accurately assess the profitability of our payor contracts," said Andrea Knapp, assistant managing director of provider payor relations for TTUHSC. "With MPV Phynance, we will have the information we need to gauge the performance of individual contracts, which will also help us determine accurate payment for services rendered and strengthen our negotiating position with payors."

MPV's team of contract analysts defines the terms of each payor contract into the Phynance application and maintains a database of client-specific contract terms, fee schedules and payment policies to ensure claim pricing is accurate. TTUHSC can then use this information to identify claims paid at less than the contract rate, calculate expected patient balances at or before the time of service and generate comprehensive undercharge reports that will allow the group to optimize its chargemaster.

"When we began looking for a solution, our main objective was to improve our contract compliance efforts so that we could recover any revenue we were losing to contractually underpaid claims," said Josie Sutkin, senior director of practice plan billing office for TTUHSC. "With MPV Phynance, we have all of the information we need to determine accurate payment and increase revenue."

"In this increasingly complex reimbursement climate, we are pleased to provide TTUHSC the tools it needs to increase profitability," said Tom Stampiglia, CEO of MPV. "MPV is dedicated to delivering solutions that help healthcare organizations like Texas Tech maximize the value of their payor contracts."

About MPV
MPV provides medical groups with financial tools and expert consultative services to monitor payor performance, verify reimbursement, reduce registration, coding and posting errors, negotiate better contracts and improve overall cash flow. Serving more than 17,000 physicians nationwide, MPV gives clients better control of their payor contracts, improves workflow efficiency and strengthens the bottom line. For more information, please visit www.mpv.com.

Contact:
Medical Present Value, Inc. (MPV)
Merideth Fulton
512.439.0201
mfulton@mpv.com

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