University of Minnesota Physicians Chooses MedAptus Following Comprehensive Ven...( Professional Intelligent Charge Captu...),Health

Professional Intelligent Charge Capture Emerges as Preferred Technology for Revenue Cycle Enhancement

BOSTON, May 13 /PRNewswire/ -- MedAptus(R), market leader for charge capture technologies, today announced that University of Minnesota Physicians (UMP), a premier multi-specialty physician organization, has selected MedAptus' Practice Plus Edition for charge capture automation.

Founded in 1997 and based in Minneapolis, UMP is an independent not-for-profit organization with more than 700 physicians who also teach at the University of Minnesota Medical School. UMP undertook a formal search for charge capture technology in early 2007 in an effort to improve coding and billing processes, particularly surrounding inpatient charges. UMP selected MedAptus as vendor of choice for the project after completing a thorough assessment process that included an RFP, on-site demonstrations to stakeholders and customer reference calls.

The flagship offering of MedAptus' Professional Intelligent Charge Capture suite, Practice Plus Edition, is a powerful, yet easy-to-use, solution proven to mitigate potential professional revenue loss, compliance overhead and lack of billing process transparency. To date, the solution has delivered tens of millions of dollars in financial benefit across numerous academic groups similar in size and structure to UMP.

"UMP has a desire to make sure our revenue cycle is as efficient and optimal as possible. We view MedAptus' technology, a tool that allows us to ensure all charges have been captured, coded accurately and sent for billing expeditiously, as key to meeting our objective. Beyond the software, however, we found MedAptus leadership to be highly engaged in product development and very responsive to our needs during the product evaluation process. We believe that these attributes, which we view as critical to a successful project, will carry over t
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