Indianapolis Neurosurgical Group Chooses MPV to Automate Payor Contract Management
MPV Phynance™ will help group evaluate overall contract performance

AUSTIN, Texas. – August 14, 2007 – 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 Indianapolis Neurosurgical Group (ING), a 20-physician neurosurgery practice based in Indianapolis, Ind.

"Today's payor contracts continue to grow more and more complicated, especially in the neurosurgery specialty," said Derek G. Cantrell, CPA, executive director of finance and administration at ING. "MPV will enable us to simplify our contract management process and ensure we were being paid properly without exhausting our staff resources."

ING will utilize MPV's combination of Web-based technology and contract definition and modeling services to better understand the terms of each payor contract. MPV analysts will load contract terms line-by-line into the Phynance application, which will allow ING to determine the value of claims before they are filed and identify potential underpayments.

"We chose MPV because their solutions provide a breadth of benefits, from payor contract automation to reporting tools," added Cantrell.

Through their use of Phynance, ING will be able to evaluate overall contract performance; stay up-to-date on the latest payment policies and fee schedules; and streamline the appeals process. Reporting and analysis tools will also allow the practice to model the financial implications of proposed contract terms, including how carve outs, alternate fee schedules and modifier rules may affect payment.

"MPV will make it easier for Indianapolis Neurosurgical Group to monitor payor contracts and verify compliance with contract terms," said Tom Stampiglia, CEO of MPV. "Their decision to use MPV reinforces the important role that payor contracts play in the ongoing financial health of an organization."

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 22,000 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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