This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Henry Schein MicroMD & MDeverywhere Sign Agreement To Offer Customers A Single Point Clinical And Revenue Cycle Management Solution To Automate Operations And Optimize Cashflow

MELVILLE, N.Y., Oct. 4, 2013 /PRNewswire/ -- Henry Schein MicroMD ®, a provider of proven and cost-effective practice management and electronic medical records (EMR) systems, and MDeverywhere, provider of revenue cycle management (RCM) and credentialing solutions, today announced a new agreement to offer customers an industry leading, fully integrated clinical and financial system designed to help physicians build a better practice.

"Both companies have an excellent product and enviable position in the health care IT marketplace serving ambulatory medical practices," said Bruce Lieberthal, General Manager and Vice President of Emerging Technologies for Henry Schein MicroMD. "By working together, we can each continue to focus on our strengths, while offering customers access to the benefits of the other's software."

Henry Schein MicroMD practice management and EMR software is designed with performance and scalability to assist providers in managing administrative, financial and clinical workflow efficiency and profitability in their practice.

MDeverywhere's ICD-10 compliant RCM solution effectively captures revenue a physician leaves uncollected, typically 15%. With purpose built tools confirming insurance plan enrollment, identifying coding claim errors before claims are sent, decreasing denials by enabling complete and accurate claims, and enforcing payor contract compliance, MDeverywhere maximizes physician revenue.

MDeverywhere's credentialing verification services make MDeverywhere the ideal delegation partner with enrollment services including unlimited health plans, Council for Affordable Quality Healthcare (CAQH) maintenance, group applications and re-validations for all provider types and can help with re-validation by 2014 to comply with the Affordable Care Act re-validation requirement.  

"We are excited to be working with MicroMD to offer a single-point solution to physician practices," adds Ann Bilyew, CEO of MDeverywhere. "We are better serving our respective customers by offering the best of both worlds — ensuring they have a fully integrated system to successfully and efficiently operate their practices."

About MDeverywhere, Inc.MDeverywhere offers a leading revenue cycle management solution including credentialing services for physicians. MDeverywhere's unique RCM solution includes purpose built, cloud-based practice management software, coding rules engines, contract monitoring tools and full-scope claims management, patient payment portal and back-office services. MDeverywhere's solutions are proven to streamline workflow, decrease denials and increase revenue. As an NCQA Certified CVO (Credentials Verification Organization), MDeverywhere assists clients in taking control of their credentialing processes through delegation. Founded in 1995 and currently serving over 7,000 physicians nationwide, MDeverywhere clients include solo practices, group practices, large faculty practices, and hospitals in over 40 different specialties.  For more information, visit the MDeverywhere website at www.mdeverywhere.com.

About Henry Schein MicroMDThe Henry Schein MicroMD brand of practice solutions encompasses simple yet powerful electronic medical records and practice management software that help facilitate the delivery of superior patient care; automate incentive and quality reporting activities; and streamline operations for today's busy providers. Full-featured, time-tested and budget-friendly, the MicroMD CCHIT-certified, award-winning software helps small practices, large medical groups, community health centers and billing services accelerate progress towards a paperless environment and health information exchange with minimal disruption and stress. High client retention rates attest to its market-leading presence and client-centric focus. Visit the Henry Schein MicroMD website at www.micromd.com or call 1-800-624-8832.

About Henry Schein, Inc. Henry Schein, Inc. is the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the NASDAQ 100® Index, Henry Schein employs nearly 16,000 Team Schein Members and serves more than 775,000 customers.

The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 96,000 branded products and Henry Schein private-brand products in stock, as well as more than 110,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.  Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 24 countries. The Company's sales reached a record $8.9 billion in 2012, and have grown at a compound annual rate of 17 percent since Henry Schein became a public company in 1995. For more information, visit the Henry Schein Web site at www.henryschein.com.

SOURCE Henry Schein, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,055.87 -116.81 -0.68%
S&P 500 1,982.90 -11.39 -0.57%
NASDAQ 4,508.6880 -19.0010 -0.42%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs