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MedSolutions Strengthens Managed Care Presence with Introduction of Preferred Radiology Network™ February 5, 2002 // PR NEWSWIRE// - Nashville, TN - Signaling a more aggressive movement into radiology managed care, MedSolutions has launched a new service aimed at reducing payor cost through participation in a competitively discounted network of imaging centers and radiologists. MedSolutions' Preferred Radiology Network™ is a national PPO program that helps payors drive down the cost of radiology tests that typically carry a hefty price tag. The program features a direct-contracted network of more than 1,100 imaging centers in 40 states, making it one of the largest specialty radiology networks in the nation. MedSolutions' Preferred Radiology Network™ is available to all types of managed care organizations including health, workers compensation, and auto liability payor business segments. "Discounted fees are only one part of the puzzle, but a very important one," says MedSolutions' Jim Phifer, Executive Vice President of Sales and Marketing. "Combining the unit cost management capability of Preferred Radiology Network™ with our proven expertise to assure appropriate imaging utilization and schedule patient exams, effectively positions MedSolutions as a strategic, single source provider of radiology management solutions." A distinct feature of Preferred Radiology Network™ is program flexibility. MedSolutions can expand or restrict the network to accommodate customer need in accordance with coverage and unit cost requirements. To ensure adequate geographic coverage, MedSolutions works in combination with customer policies and procedures to guarantee quick access to needed procedures and services, making certain network sites meet the access standards set by the payor. When high-tech imaging tests like MRI, CT and PET scans are ordered by a physician, MedSolutions' Preferred Radiology Network™ can relieve the doctor's office staff from the administrative effort of arranging for the imaging test by scheduling the test for the patient with a preferred provider. Competitively discounted network rates are based on a fee-for-service reimbursement model whereby MedSolutions can either adjudicate and compensate the provider directly or simply reprice the claim on behalf of the payor. "Having the ability to customize the network and wrap it around distinct customer needs was an essential element of the program blueprint," according to David Smith, MedSolutions Vice President of Network Management and the chief architect of the network design and development. "We want the program to work for any type of customer, from HMO's to self-funded entities, government plans, workers compensation claims adjustors, and case management organizations. All of which are examples of the primary stakeholders we are currently discussing Preferred Radiology Network™ details with." The Preferred Radiology Network™ program can be purchased as a standalone service or in conjunction with other MedSolutions product capabilities. MedSolutions specializes in managing radiology services for nationally recognized managed care organizations and maintains management contracts for 4 million members nationwide. The company leverages extensive radiology care management experience to provide the most innovative, cost-effective radiology management solutions in the industry. CONTACT: Jim Phifer, EVP Sales & Marketing of MedSolutions, 800-467-6424, or jim.phifer@medsolutions.com.
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