COLUMBIA, S.C., July 12 /PRNewswire/ -- Medical practices using Companion Technologies' Companion PM, (formerly MegaWest) practice management system, now have the option of a superior decision support and revenue recovery module called DataPlus(R).
Companion Technologies signed an agreement with Premier DataPlus LLC, the developer of the DataPlus module, to sell the product as an add-on to Companion PM. The module improves the ability of practice administrators and physicians to monitor and control business operations, analyze and calculate business opportunities, and negotiate and manage complicated relationships with third party payers.
"DataPlus unleashes the management power of the data stored in Companion PM," said Craig Klein, vice president in charge of the Companion PM product line. "Practices can use it to extract existing data, aggregate it into comprehensible data elements, organize it and display it so it is advantageous to managing their business."
DataPlus was created by the administrators of Premier Orthopaedics & Sports Medicine, PLC, a large group practice in Nashville, Tenn., to fulfill the advanced reporting and analytical needs they wanted to extract from their practice management system.
"With over 20 years experience managing large physician groups, we knew what we wanted and needed and built the system to satisfy our physicians needs," said Frank Trew, chief operating officer of Premier DataPlus. "For Companion PM customers, the DataPlus module can provide them with the information, knowledge and wisdom to run their practice."
Companion Technologies ( http://www.companiontechnologies.com/ ) has aligned with leading industry vendors, including IBM and Sun Microsystems, to deliver healthcare data management services to its clients. Based in Columbia, S.C., Companion Technologies provides physician practices with financial, clinical, operational and managed care information management systems.