Charlotte, NC, June 13, 2010 --(PR.com
)-- Preferred Medical Marketing Corporation (PMMC), a leading provider of health care oriented software and revenue cycle solutions, recently expanded its proprietary comparative pricing software to include physician data reports and analysis.
As many hospitals have expanded their service offerings, so has the need for greater awareness of physician pricing and frequency of service. PMMC is excited to announce new reporting functionality that provides PMMC Online Pricing subscribers with comparative physician pricing data by:
Procedure Code - Modifiers
PMMC Online Pricing is a web-based, analytical tool that provides comparative reports using the latest Medicare (CMS) data. Users are able to clearly identify specific procedures and make strategic rate adjustments. This improves fiscal awareness and increases confidence in the organization's pricing.
As the health care industry is further consolidated, more physician practices are being acquired by hospitals and health care systems. As these institutions are combined, administrators must monitor the market competitiveness of their physician practices in addition to hospital price position.
PMMC understands how vital timely data is to maintaining a competitive advantage. Managing your market position for both hospital and physician services provides a means for defensible pricing and can directly affect your bottom line.
PMMC is a Microsoft-certified software development and consulting company. Since 1986, its innovative software and consultants have assisted more than 400 hospitals and 20,000 physician clients improve their financial operations through enhanced contract management, payment verification, cost accounting, financial decision support and consulting services. For more information, contact Steven Allison, 704-543-8103.