SCOTTSDALE, Ariz., Nov. 18 /PRNewswire/ -- MedCom USA, Inc. (BULLETIN BOARD: EMED) , a leading provider of healthcare and financial transaction solutions for the healthcare industry is accelerating the distribution and sales of its enhanced HIPAA Compliant, Point-of-Sale terminal into Hospital Systems with the expansion of its Institutional Sales Force. Jaqueline Lancio, based in Nashville Tennessee, has joined MedCom USA, following 15 years of experience with large Healthcare Institutional Sales working for Healthstream Inc. and Envoy/WebMd. As Director of Hospital Placement, she will have the primary objective of expanding the sale and implementation of the MedCom System at Hospitals and larger Healthcare facilities.
With over 350 payers and plans for real-time medical eligibility, MedCom USA is the largest gateway in the USA. The MedCom System provides a wide range of Healthcare and Financial transactions for Healthcare Facilities. Following the growth of hospital placements in the Northeast and California, MedCom USA will now accelerate its expansion to targeted regions of the Country.
According to Bruce Weitzberg, spokesperson for MedCom USA and Key account executive for Hospital Sales, “The hospital market is a strong segment for our system’s use. Experience with current facilities have demonstrated a significant increase in Benefit Verification efficiency, a significant increase in patient payments and an increased satisfaction from staff in the performance of their duties. With our increased coverage base we are able to expand these services nationally to those hospitals and facilities, which need to increase cash flow and improve operational efficiencies at the ambulatory care and outpatient areas of the hospital. “
MedCom USA has over 8,000 Healthcare Providers and more than 27 Hospitals already utilizing the system successfully throughout the United States. As the Healthcare Industry continues to develop electronic information processing, MedCom USA continues to be a leader in the field bringing transaction solutions right to the Healthcare Office. MedCom USA is also launching a web portal add-on to enhance the utilization of the terminal processes and a version of the POS System customized for Dentists.
With over 5,700 hospitals in the United States this is a prime market for the MedCom System. The cost benefit relationship is extremely high with institutions able to incorporate a low cost system for increasing cash flow immediately. The MedCom System has a number of features that uniquely qualify it for use in Hospitals over other systems. These include, ease of incorporation, ability to interface with existing systems, ease of training and low costs.
According to company spokesperson, Bruce Weitzberg, “The MedCom System is a proven solution for expediting processing at the hospital level. It reduces administrative headaches and improves the facility’s cash flow by providing real-time transaction solutions. With a minimal fee for the terminal and service and competitive transaction fees, we provide a tremendous Return on Investment for the Healthcare office or facility that wants to improve its systems easily and immediately.”
For more information on the MedCom System you can visit their website at http://www.medcard.com/ or call 1 800 327 6537 x 680.
About HIPAA
HIPAA is the Health Insurance Portability and Accountability Act of 1996 that requires health providers and health plans to adopt standards for electronic administrative and financial transactions.
About MedCom USA
MedCom USA, Inc. (BULLETIN BOARD: EMED) provides innovative solutions for electronically processing HIPAA compliant transactions within the healthcare industry. MedCom USA provides a terminal based service package and a compatible Web Portal add-on for physicians, clinics and hospitals and dentists that include the following services: Patient Eligibility, 100% Paperless Claims Processing, Electronic Referrals, Patient Easy Pay, Credit/Debit Cards, Check Guarantee and Accounts Receivable Financing. The MedCom USA Internet address is http://www.medcard.com/.
Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although MedCom USA, Inc. management believes the expectations reflected in such forward-looking statements are based on reasonable assumptions; it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in MedCom USA, Inc.'s SEC reports, including the company’s most recent 10-K and subsequent 10Q-s.
MedCom USA, Inc.
CONTACT: Kent Barghols of MedCom USA, +1-515-276-1180,kbarghols@msn.com
Web site: http://www.medcard.com/