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MPV Celebrates 100 Clients
Company reaches milestone due to strong sales growth
AUSTIN, Texas. – October 4, 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 client base of 100 physician practices.
MPV has partnered exclusively with physician group clients to recover contractual underpayments, improve the performance of their payor contracts and negotiate enhanced, future contracts. By offering a unique combination of contract definition and modeling services and claims valuation technology, MPV has added millions of dollars to the bottom lines of its clients.
"Payor contracts are the fundamental building blocks of a physician practice's revenue cycle, and we are committed to delivering contract performance and reimbursement solutions that increase revenue for our clients," said Tom Stampiglia, CEO of MPV. "Our skilled and experienced team of MPV associates has delivered extraordinary results for our clients, leading to our rapid sales growth. By exceeding client expectations, providing a consistent return on investment and delivering exceptional products and services, we will continue our momentum in the physician practice market."
MPV was recognized as a top 100 healthcare IT company in 2007 by Healthcare Informatics; ranked 1053 in the 2007 Inc. 5000 listing of top private companies; and ranked 177 in the 2006 Deloitte Technology Fast 500 program. Its clients include mid-to large-sized physician practices such as Emory Clinic; Baylor College of Medicine; UT Medical Group; Ohio State University Physicians; Scripps Clinic; Sharp Healthcare; and Virginia Mason Medical Center.
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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