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Adds 21 new clients in the Second Quarter
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BOSTON, MA —
July 18, 2003 — MedAptus, a leading provider of point-of-care solutions for physicians, today announced the completion of a record quarter for both new sales and new contracted physicians.
"We continued to build on the momentum from the first quarter and have added another 21 accounts during our second quarter. We were also able to increase our pipeline by more than 100% during the same period," commented Tom Kuegler, Vice President of Sales, Marketing and Business Development. "We expect to continue the trend that we have seen in the first half of the year."
The second quarter brought in a new group of hospital sites, including University Physician Associates of New Jersey, Inc. (UPA) and McLeod Regional Medical Center in Florence, South Carolina. The company also continued its expansion, adding clients in eleven new states.
Michael Saulich, Executive Director of University Physician
Associates, a 400 physician practice affiliated with UMDNJ commented,
"MedAptus has not only streamlined my billing process by providing
an electronic platform for charge capture, but they have also
allowed me to promote billing compliance and lower my overall
compliance expenditure." |
About MedAptus Corporation
MedAptus, Inc. is a healthcare information
technology company providing point-of-care solutions for physicians.
MedAptus provides clinicians with a comprehensive suite of workflow
and revenue enhancing solutions including patient management,
charge capture, dictation and clinical content. MedAptus' flagship
application, Charges In Hand™, allows physicians to document
professional charges at the point-of-care. The use of Charges
In Hand™ increases efficiency, reduces the lag time between
professional services and claim submission and improves compliance
with billing regulations. Additional clinical solutions are
under development to augment the suite and create a unified
mobile and web-based offering. MedAptus can be reached via www.MedAptus.com
or email to info@medaptus.com
or by calling 617-896-4000.
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MedAptus Corporate Contact
Lance Baldo, MD
Chief Medical Officer
617.523.1221
lbaldo@MedAptus.com
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