The Healthcare Oriented Sales Group Will Initially Target Existing Accounts
and the Wide Provider Base in the Greater Georgia Area
SCOTTSDALE, Ariz., Nov. 16 /PRNewswire-FirstCall/ -- MedCom USA, Inc.
(OTC Bulletin Board: EMED), a leading provider of healthcare and financial
transaction solutions for the healthcare industry is making its enhanced HIPAA
Compliant, Point-of-Sale terminal available in the state of Georgia now with
the support of Atlanta based sales group, Market Systems, Inc. With over
350 payers and plans, the MedCom System provides a wide range of Healthcare
and Financial transactions for Healthcare Professionals right at the doctor's
front desk and is available now for utilization in this marketplace.
MedCom with offices in Scottsdale, Arizona, Irvine, California and
Long Island, New York, has developed and sold its comprehensive transaction
system to Medical Providers nationally. Set on a platform of customized
versions of the Hypercom T7Plus and T77GT terminals combined with its own
proprietary software, MedCom USA provides Real-Time Eligibility and Benefit
Verification, 100% Paperless Claims Processing, Real-Time Referrals, Real-Time
Claims Status, Real-Time Service Authorization, Credit, Debit and Check
Services and Patient Easy Pay all from one economically priced System.
As the Healthcare Industry continues to develop electronic information
processing, MedCom USA continues to be a leader in the field bringing
transaction solutions right to the Healthcare Office. MedCom USA is also
launching a web portal add-on to enhance the utilization of the terminal
processes and a version of the POS System customized for Dentists.
In the Georgia Market, MedCom USA has recently engaged Atlanta based sales
organization, Market Systems Inc. Incorporated in 1989 MSI has been a
specialist in the medical field, implementing EHR and Practice Management
software and understands the needs of the healthcare professional. Combined
with the resources of MedCom USA, the sales organization expects to make major
in-roads with the greater Georgia healthcare community.
MedCom is consistently updating its Insurance Payer lists for real time
transactions and currently accesses over 350 payers and plans through its
direct and 3rd party connectivity including Blue Cross and Blue Shield of
Georgia, Coventry Healthcare of Georgia, First Health, Fortis, Kaiser,
Maricopa, Medicaid of Georgia (ACS), Medicare of Georgia Part A, Nationwide,
Principle, Aetna, Cigna, United Healthcare, Tri-care, Humana, National
Association of Letter Carriers.
The MedCom System utilizes information provided by any patient to generate
Eligibility and/or Benefit Verification from participating payers in under
40 seconds. This is an enormous time saver for Healthcare offices. It does
not rely on any proprietary swipe cards and can service a wide range of users.
Each terminal is customized for the specific doctors in order to facilitate
their processes.
According to company spokesperson, Bruce Weitzberg, "The MedCom System is
a proven solution for expediting processing in the medical office with over
8,000 Healthcare Providers and more than 27 Hospitals already utilizing the
system successfully throughout the United States. It reduces administrative
headaches and improves the physician's cash flow by providing real transaction
solutions. With a minimal fee for the terminal and service and competitive
transaction fees, we provide a tremendous Return on Investment for the
Healthcare office or facility that wants to improve its cash flow and reduce
Administrative overhead."
According to MSI CEO, Joe Ferrell, "The business of medicine has been
overwhelming the practice of medicine. By incorporating the MedCom System
into their offices, Healthcare providers, hospitals and clinics can improve
their business effectiveness. It is imperative for the ongoing success of
healthcare in the United States for Doctors to be able to receive payment for
their services and interact effectively with insurance companies. This system
provides solutions to accomplish these objectives and we are excited to have
the opportunity to introduce it to the Georgia marketplace."
For more information on the MedCom System you can visit their website at
http://www.medcard.com or call 1 800 327 6537 x 680.
For more information on Market Systems, Inc. call 877. 856.3612
About HIPAA
HIPAA is the Health Insurance Portability and Accountability Act of 1996
that requires health providers and health plans to adopt standards for
electronic administrative and financial transactions.
About MedCom USA
MedCom USA, Inc. (OTC Bulletin Board: EMED) provides innovative solutions
for electronically processing HIPAA compliant transactions within the
healthcare industry. MedCom USA provides a terminal based service package and
a compatible Web Portal add-on for physicians, clinics and hospitals and
dentists that include the following services: Patient Eligibility, 100%
Paperless Claims Processing, Electronic Referrals, Patient Easy Pay,
Credit/Debit Cards, Check Guarantee and Accounts Receivable Financing. The
MedCom USA Internet address is http://www.medcard.com.
About Marketing Systems, Inc.
Marketing Systems, Inc. is a privately held Atlanta based sales
organization that has been selling and servicing Electronic Record management
systems to Healthcare providers for the last 4 years. With an account base of
over 1,000 providers, they have a great deal of experience in servicing the
needs of the Healthcare marketplace. They have now expanded their offerings
to include the MedCom Transaction System.
Certain matters discussed within this press release are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Although MedCom USA, Inc. management believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions; it can give no assurance that its expectations will be attained.
Factors that could cause actual results to differ materially from expectations
include industry, competitive and technological changes; risks associated with
international operations and foreign currency fluctuations; the composition,
timing and size of orders from and shipments to major customers; inventory
obsolescence; market acceptance of new products and other risks detailed from
time to time in MedCom USA, Inc.'s SEC reports, including the company's most
recent 10-K and subsequent 10Q-s.
SOURCE MedCom USA, Inc.
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Related links:
http://www.medcard.com
CONTACT:
Kent Barghols of MedCom USA, +1-515-276-1180,
kbarghols@msn.com; or Steve Longaker of Marketing Systems, Inc.,
+1-877-856-3612, slongaker@mrktsystems.com
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