MOUNT LAUREL, N.J., Oct. 1 /PRNewswire-FirstCall/ -- MedQuist Inc. (Nasdaq: MEDQ), a leading provider of technology-enabled clinical documentation services, announced today that it was awarded the contract for Recovery Audit Contractor (RAC) consulting services and software by Doylestown Hospital. The agreement also positions the hospital, located in Doylestown, Pennsylvania, to take advantage of the RevTrack(TM) workflow management and processing solution from RevenueMed - enabling the facility to track and identify RAC efforts and tasks.

The mission of the Recovery Audit Contractor program is to reduce improper Medicare payments by reviewing the billing claims of hospitals and other healthcare organizations. MedQuist will supply Doylestown Hospital with a RAC coordinator and the tools to help them prepare for, navigate and manage the RAC audit process. MedQuist will also assist in assessing the hospital's risk related to the RAC program when needed.

The hospital's director, Payer Management, Bill DiGiorgio and Health Information Management director, Emily West, said that partnering with MedQuist was an easy decision to make. "We are a long-term, satisfied customer of MedQuist's coding and transcription services and speech recognition solutions. When we needed help to prepare for the RAC Contractors, MedQuist's value and expertise made the company the natural choice."

In addition to offering RAC coordinators and the tools to prepare for pending audits, MedQuist also provides credentialed coding audit consultants to assess internal coding processes, perform internal audits, and create an action plan designed to assist facilities to meet all federal coding and billing requirements and to comply with Medicare standards. MedQuist's consulting services offer hospitals interim coding support and provide coding and clinical documentation educational sessions.

"We are pleased to expand our partnership with Doylestown Hospital and help enhance their ability to monitor RAC activities," said Maryagnes Marek, MedQuist's vice president of Coding Operations. "This is a perfect example of MedQuist's full service approach and ability to deliver value across the full spectrum of clinical documentation and revenue cycle management." Doylestown looks forward to working with MedQuist's RAC coordinator - and enhancing their clinical documentation and revenue programs to meet their goals of streamlining coding and billing practices, improving efficiency, and enhancing their revenue cycle process.

About MedQuist

MedQuist is a leading provider of medical transcription services and a leader in technology-enabled clinical documentation workflow. MedQuist's enterprise solutions - including mobile voice capture devices, speech recognition, Web-based workflow platforms, and global network of medical editors - help healthcare facilities improve patient care, increase physician satisfaction, and lower operational costs. For more information, please visit www.medquist.com.

About Doylestown Hospital

It takes a village to own a hospital, and Doylestown Hospital is owned by the local women's civic organization Village Improvement Association. Founded in 1923, the hospital serves Bucks and Montgomery counties in Pennsylvania (near Philadelphia) and Hunterdon and Mercer counties in neighboring New Jersey. With some 210 beds, Doylestown Hospital provides a variety of acute and tertiary medical services. Specialties include cardiac surgery, cancer care (as part of the University of Pennsylvania Cancer Network), and orthopedics. Affiliated with the hospital are Pine Run Health Care Center, a long-term care facility, and Pine Run Lakeview, an assisted living center.

About RevenueMed

RevenueMed is the global leader in healthcare related business process outsourcing, offering distinctive value to all participants in the healthcare revenue cycle - including both providers and payers. RevenueMed is headquartered in Atlanta, GA, and has captive production centers in India and a total workforce exceeding 1,400 staff.

"Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: Statements in this press release regarding MedQuist's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Actual outcomes and results may differ materially from what is expressed or forecasted in forward-looking statements. As a result, forward-looking statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE MedQuist Inc.

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