Wright State Physicians, Inc. Selects MPV for Payor Contract Management
157-physician group will use MPV Phynance to help maximize the value of its payor contracts

AUSTIN, Texas. – July 19, 2006 – Medical Present Value, Inc. (MPV), a leading provider of financial tools and expert services to manage payor contracts and audit reimbursement, today announced a new contract with Dayton, Ohio-based Wright State Physicians, Inc., the faculty practice plan for the Wright State University Boonshoft School of Medicine. MPV Phynance™ will allow the multi-specialty group to monitor payor contract performance, improve contract negotiations, boost revenue and increase its focus on patient care.

MPV Phynance is a Web-based application that values healthcare claims based on the terms of each individual payor contract, enabling Wright State Physicians to identify and appeal claims paid at less than the contract rate; discover potential registration and posting errors; and recognize and modify contract language that may lead to underpayments. MPV also provides contract modeling and definition services in combination with Phynance and continually updates Medicare, state and other payment rules to ensure claim pricing is accurate.

"While we have always suspected our group was being underpaid for some services, we had no way to effectively monitor payor contract compliance," said Adam Mezoff, M.D., president of Wright State Physicians. "We are hopeful that MPV will provide us with the financial tools and services we need to increase the value of our payor contracts, improve workflow and strengthen payor relationships."

In addition to evaluating the performance of its payor contracts, Wright State Physicians can also use the information stored in MPV Phynance to calculate expected patient balances at or before the time of service. The group can also use this data to assess the implications of new and proposed contract terms during future negotiations with payors.

"With the growing complexity of today's payor contracts, it is extremely difficult for medical groups to know exactly how each contract affects reimbursement and overall cash flow," said Tom Stampiglia, CEO of MPV. "Our solution provides an efficient way for medical groups like Wright State Physicians to gain a better understanding of their payor contracts, which empowers them to correct registration and posting issues, negotiate more favorable contracts and increase revenue."

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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