WellGroup HealthPartners, LLC Partners with MPV to Maximize the Value of Its Payor Contracts
Physician group selects combination of contract modeling services and Web-based technology to monitor the accuracy of reimbursement for medical claims

AUSTIN, Texas. – October 24, 2006 – Medical Present Value, Inc. (MPV), a leading provider of financial tools and expert services to manage payor contracts and audit reimbursement, today announced an agreement with Chicago Heights, Ill.-based WellGroup HealthPartners, LLC. Under the terms of the contract, MPV will assist WellGroup HealthPartners with the management of its payor contracts.

MPV utilizes a highly trained contract analyst team along with the Web-based Phynance™ application to value medical claims based on the latest payment rules and fee schedules. This approach to payor contract management allows for more efficient revenue cycle management processes and enables medical groups to verify claim payment at the line-item level. In addition, medical groups can also use this blend of tools and services to identify potential underpayments, registration, coding and posting errors.

"With MPV's proven methodology, we will have the resources we need to enhance our current appeals and recovery efforts," said Christopher Macek, CFO of WellGroup HealthPartners, LLC. "Having the ability to monitor payor compliance with contract terms empowers us with the knowledge we need to increase cash flow and improve overall financial performance."

"At a time when payor contracts are becoming more complex, medical groups like WellGroup HealthPartners need an efficient and effective way to determine accurate payment," said Tom Stampiglia, CEO of MPV. "MPV helps medical groups streamline the management of this process, leading to better performing contracts and a stronger bottom line."

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 27,000 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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