Navigation Links
MedEncentive and Medical Justice Announce Partnership
Date:9/14/2009

OKLAHOMA CITY and GREENSBORO, N.C., Sept. 14 /PRNewswire/ -- President Obama in his speech to Congress and the nation Wednesday evening acknowledged that something needed to be done about the cost of medical malpractice and the defensive medicine that preserves patient safety. MedEncentive, a web-based incentive system designed to control healthcare costs, and Medical Justice, a member based organization designed to protect physicians from frivolous medical malpractice lawsuits and Internet defamation, have formed an important partnership that offers a real solution to these issues that has bi-partisan appeal.

Through the partnership, physicians who successfully participate in the MedEncentive program will receive Medical Justice coverage at most favored pricing. Medical Justice has also agreed to contribute to MedEncentive's demonstration projects in Kansas and Michigan. This contribution will be in the form of free coverage to physicians who successfully participate in these three year long demonstrations.

"As our country engages in an important debate over health care, my colleagues and I have been busy communicating what we and many others believe is a true breakthrough in terms of health care cost containment," said Jeff Greene, MedEncentive CEO. "We are very pleased that our program resonated with Medical Justice in a way that led to this partnership. Together, we will offer an important additional benefit to physicians that will also benefit patients and health insurers."

Jeff Segal, MD, JD, founder and CEO of Medical Justice states, "Too often, healthcare reform is seen as a zero-sum game. We believe when physicians, patients and payers participate in a truly collaborative system, all parties benefit. MedEncentive offers a unique program with impressive cost savings, and we are excited to offer Medical Justice as an extra inducement to boost physician participation in the MedEncentive program."

As a means to reduce medical malpractice risk, doctors feel compelled to order extra tests and render additional services; a practice known as "defensive medicine." Studies have estimated that defensive medicine costs $105 billion to $210 billion per year. Other studies report that the costs related to over-treatments, under-treatments and miss-treatments by medical providers equate to $630 billion annually.

Through five years of testing, the MedEncentive Program has demonstrated cost containment in its trial installations with multiple employers, in part, by reducing the need for defensive medicine and encouraging providers to practice evidence-based care. The company is sponsoring expanded demonstrations of the Program involving independent evaluation by academic institutions in Kansas and Michigan.

MedEncentive achieves health care cost containment by combining financial rewards, proprietary web-based applications, the concept of "doctor-patient mutual accountability," and common sense. The program works by compensating physicians for using evidence-based treatment guidelines and prescribing what is called "information therapy" to their patients. Patients are also financially rewarded when they report or demonstrate to their physicians an understanding of and adherence to the prescribed information therapy. Both parties must agree to allow the other party to confirm or acknowledge each other's adherence, thus creating a level of mutual accountability that is unique to the program.

"MedEncentive's process of compensating physicians for documenting adherence to evidence-based guidelines or providing their patients a reason for non-adherence, coupled with physician initiated patient education is what caught our attention from a professional liability standpoint," adds Dr. Segal. "Physicians who practice these methods reduce their risks of being sued, and therefore, earn our most favored pricing."

Medical Justice, base in Greensboro, NC, is a membership based organization run by physicians for physicians. Founded in 2002, Medical Justice aggressively addresses the interests of doctors within the changing landscape of medical practice. The organization's mission is to arm its members with the necessary tools to protect their practices' most important assets - reputation, character and integrity - against frivolous lawsuits and Internet defamation. For more information, call 877.MED.JUST (877.633.5878) or go to www.medicaljustice.com

Founded in 2005, MedEncentive, LLC is a web-based health information services company located in Oklahoma City. Described as a breakthrough by healthcare experts, the MedEncentive Program is designed to easily "bolt-on" to any health plan (commercial insurance, self-insured employers, Medicare, etc.) to control healthcare costs by directing financial incentives from health insurers to both providers (doctors) and consumers (patients). MedEncentive's patent-pending method of using financial incentives to invoke the more powerful process of "doctor-patient mutual accountability" encourages doctors to practice better medicine and patients to be healthier, which leads to healthcare cost containment. Through the method, MedEncentive is able to uniquely align the interests of the healthcare consumer, provider and insurer in a "win-win-win." To learn more go to www.medencentive.com or call 405-319-8450.

Available Topic Expert(s): For information on the listed expert(s),click appropriate link.

Jeffrey J. Segal, MD

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=48234


'/>"/>
SOURCE Medical Justice
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. PolyOne Presented with Frost & Sullivan Medical Product Award
2. Center for AIDS Intervention Research Medical receives $11.16 million NIH grant
3. Ronald O. Perelman Heart Institute of NewYork-Presbyterian Hospital/Weill Cornell Medical Center Opens as a Center for Innovative, World-Class Cardiac Care and Patient Education
4. Translational Research: From Bench to Bedside Capitol Hill Breakfast Briefing Hosted by the Council for American Medical Innovation
5. National Certification for Medical Interpreters - Public Call for Final Written Pilot Exam
6. PLC Medical Systems Reports Strong Success for RenalGuard(R) at ESC 2009
7. Celebrating Five Years of Advanced Care Excellence: Maria Fareri Childrens Hospital at Westchester Medical Center Reaches a Milestone
8. Winner Medicals Shenzhen Subsidiary Obtained High and New Technology Enterprise Certificate
9. Third National Annual Salary Survey for Medical Interpreters Underway
10. Flintec Load Cell Design Helps to Create Vital Medical Solutions
11. Dr. Eliscer Guzman, with The Mount Sinai Medical Center, Join Forces to Celebrate the Community Diabetes and Cardiovascular Care Programs Graduation Ceremony on September 16th
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... ... March 24, 2017 , ... The Radiology Business Management Association (RBMA) ... annual awards, now in their 12th year, are among the most prestigious in radiology ... 2016, the awards were retooled to recognize achievements in both large budget (over $5,000) ...
(Date:3/24/2017)... ... ... According to a new study by NCPA Senior Fellow John R. Graham, ... Congress has directed the CBO to follow. The CBO itself previously recognized Obamacare would ... estimates a reduction in employer-based coverage due to the GOP reform, which is not ...
(Date:3/24/2017)... ... ... Texas Physical Therapy Specialists (TexPTS) is pleased to announce the opening ... is the group’s 7th location in San Antonio and 23rd in Texas. Dr. ... from the clinic, which opened March 22, 2017. , The team of ...
(Date:3/24/2017)... ... 24, 2017 , ... The iaedp Foundation, the premier provider of educational programs ... suffering from the full spectrum of disordered eating, announced today that the 2017 Symposium ... all 50 states and several countries converged on the Green Valley Resort in Las ...
(Date:3/24/2017)... ... 24, 2017 , ... Mlynarek Insurance Agencies, a Detroit area ... owners across eastern Michigan, is connecting with the Oxford/Orion FISH Food Pantry for ... The Oxford/Orion FISH Food Pantry works to ensure homeless, hungry, and underprivileged families ...
Breaking Medicine News(10 mins):
(Date:3/23/2017)... 2017 Research and Markets has announced the ... Procedure, Replacement Procedure By Technique, Repair Procedure By Technique, By Region, ... ... is forecasted to grow at a CAGR of 13.35% during 2016-2021 ... by rising aging population, growth in population with heart disease and ...
(Date:3/23/2017)... March 23, 2017 ... created through extensive primary research (inputs from industry ... aims to present the analysis of global heart ... (Replacement and Repair); Replacement Procedure By Technique (Mechanical, ... Technique (Surgical Devices, Balloon Valvuloplasty, Transcatheter Mitral Valve ...
(Date:3/23/2017)... 23, 2017 As a result of ... the prevalence of allergic diseases, cutting edge developments ... revolutionising the ways in which pharmaceutical and biotech ... promises to be both a high quality meeting ... interest groups, immunologists, research scholars and doctors. The ...
Breaking Medicine Technology: