CHARLOTTE, N.C., July 5 /PRNewswire/ -- Preferred Medical Marketing
 Corporation (PMMC), a leading provider of financial applications and
 related software services for health care organizations, announces a new
 contract with Marshfield Clinic, a Wisconsin-based group medical practice,
 to assist with contract monitoring.
     Marshfield Clinic involves more than 700 physicians in 80 medical
 specialties at 41 centers. Marshfield Clinic is teaming up with PMMC to
 improve its understanding of the complex reimbursement terms associated
 with its payer contracts, enhance their contract negotiation process and
 monitor payer compliance.
     PMMC assists medical groups by accurately calculating the expected
 reimbursement per the payer's contract when the bill is generated. PMMC
 provides this support through its proprietary contract management system,
 PMMC Physician PRO, and its team of contract analysts. PMMC's analysts
 import the reimbursement terms into PMMC Physician PRO, where the
 client-specific rates, terms and pricing policies are maintained to ensure
 the claim is initially priced and later paid correctly. By fully defining
 each payer's contractual terms in PMMC Physician PRO, Marshfield Clinic
 will be able to identify reimbursement variances. These variances can be
 sorted to Key Performance Indicator groups for process improvement
 strategies or collection of underpayments.
     "PMMC Physician PRO successfully provides medical groups with the
 opportunity to better control their managed care environment. PMMC strongly
 supports its software's capability with knowledge of physician
 reimbursement and insight into improving the overall revenue cycle
 management process. We believe Marshfield Clinic is well positioned for
 success," said Greg Kay, Senior Vice President, PMMC. "Marshfield Clinic is
 one of the largest private, multi-specialty group practices in the United
 States. PMMC Physician PRO assists groups such as Marshfield Clinic to
 proactively evaluate the performance of their existing contracts, and based
 on the analysis of that data; improve their contractual terms during future
 negotiations."
     PMMC Physician PRO utilizes Microsoft .NET and Microsoft SQL Server as
 its technology and database platform. It can be deployed as a web-based
 solution or locally installed and operated. PMMC applies Six Sigma
 principals to monitor payer performance, measure reimbursement accuracy,
 reduce registration, coding, and posting errors, and improve contract
 negotiations as key components of the overall revenue cycle. PMMC,
 headquartered in Charlotte, N.C., has assisted more than 300 hospitals and
 15,000 physicians improve their financial operations. (www.pmmconline.com)
 
 

SOURCE Preferred Medical Marketing Corporation