Press Release Headlines

MedAptus Launches Consulting Services Capability

Company Extends Deep Revenue Cycle Expertise Beyond Technology Solutions for Maximal Customer Impact

BOSTON, Feb. 17, 2010 — MedAptus(R), the market leader for charge capture technologies, today announced the formation of an expanded Consulting Services team to further assist provider groups and hospitals in realizing optimal financial and operational performance. This newest offering from MedAptus will complement the company's powerful charge capture automation solutions, practice-proven to significantly increase collections, improve compliance and streamline complicated workflows.

The MedAptus Intelligent Charge Capture suite, for professional and facility billing alike, is deployed at some of the nation's most renowned medical centers and IT-savvy group practices. The current toolset has been documented to drive impressive financial returns through revenue improvements and productivity gains.

The expansion of MedAptus' Consulting Services is a direct response to customers' expanding revenue cycle needs. Initial service offerings range from quick revenue cycle check-ups utilizing benchmark performance data to full-fledged revenue cycle assessments and business transformations. More focused offerings include split billing analysis for outpatient hospitals and ICD-10 readiness projects.

"Our Consulting Services practice is a logical extension of our software business and, considering existing market demand, should help us do an even better job of serving our customers," explained Larry Hagerty, president and chief operating officer at MedAptus. "We are very excited about this opportunity to further leverage our revenue cycle expertise under the direction of a seasoned consulting professional."

MedAptus is launching its expanded consulting capabilities under the leadership of Bill Delaney, a healthcare consulting executive with over 20 years of progressive revenue cycle and technology experience gained at prominent provider organizations. Bill, who recently joined the company as executive director of Consulting Services, previously served as director for Blum Shapiro's Healthcare Consulting Practice in Manhattan, where he developed market strategies, created innovative solutions and partnered with growth-oriented clients. Prior to his tenure at Blum Shapiro, Bill was a senior director at Mount Sinai Medical Center where he had responsibility for the Faculty Practice Uniform Process and Technology Transformation.

"The opportunity to further build Consulting Services at MedAptus underscores the company's singular focus on providing its customers with the most comprehensive revenue cycle solutions available today. I am confident that my experience both as a consultant and in the academic medical setting, combined with MedAptus' accrued knowledge, uniquely positions us to further connect with our customers and provide valuable insight simply not attainable elsewhere," said Bill Delaney.

To learn more about MedAptus' Consulting Services, please visit .

About MedAptus, Inc.

MedAptus is the Gold standard in the healthcare revenue cycle for effective charge management, compliance and workflow efficiency. With the most powerful, yet easy-to-use, Intelligent Charge Capture technologies available, we enjoy enterprise-wide adoption at some of the nation's leading healthcare organizations. Our portfolio of full-scale Professional and Facility offerings is practice-proven to increase revenue, re-engineer archaic processes, enhance EMR investments and save busy providers valuable time. For more information, visit http://www.medaptus.com or call 617.896.4000.

MedAptus Contact:

Jennifer Crowley
p. 617.896.4030
Email

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