MPV Secures Contract with Rockwood Clinic
Spokane, Wash.-based medical group will deploy MPV Phynance™ to monitor payor contract compliance and improve cash flow

AUSTIN, Texas. – December 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 Rockwood Clinic, a 163-physician multi-specialty practice in Spokane, Wash.

The group will utilize MPV's combination of consultative services and technology to help identify and appeal payment variances. MPV's contract analyst team will define and model the complex terms of Rockwood Clinic's payor contracts into the Web-based MPV Phynance application, which then values medical claims based on the latest payment rules and fee schedules. Defining and modeling payor contracts this way will enable the group to accomplish a number of revenue enhancement goals, such as identify potential registration, coding and posting errors and ensure chargemaster accuracy.

"An audit of our recent reimbursement revealed a significant underpayment problem," said Greg West, revenue cycle director of Rockwood Clinic. "With MPV, we will be able to automate our auditing processes in order to confirm accurate payment, as well as model the impact of new and proposed contract terms during future negotiations with payors."

Rockwood Clinic will also use the data stored in MPV Phynance to calculate patient co-payments and balances at or before the time of service. Providing patients with estimates prior to service will help the group to avoid payment delays, reduce bad patient debt and increase revenue.

"MPV's proven blend of financial tools and services will allow Rockwood Clinic to enhance its bottom line," said Tom Stampiglia, CEO of MPV. "Payor contracts play a key role in maximizing reimbursement, and we commend them for their progressive approach to improved revenue cycle management."

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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