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FOR IMMEDIATE RELEASE

Media Contact:
Jim Gann
MedAxiom
904-236-3464
jgann@medaxiom.com


MedAxiom Announces the Development of MedAxcess — An Online Query and Reporting Application for its Industry Leading Practice Management Data

NEPTUNE BECH, Fla. – November 8, 2005 – MedAxiom announced the development of an industry-leading application for querying practice management data and reporting these findings via its web site. MedAxiom, already the industry leader in practice management data collection and reporting, will now offer even greater flexibility in providing comparative practice data to its membership of nearly 200 cardiology group practices across the country.

“MedaXcess will allow our members to query our extensive data resources on demand,” says Jennifer Linville, CEO for MedAxiom. “Practices can compare themselves against others on a variety of business-critical metrics. They can see how they are doing at any given time, rather than waiting for annual reports, which are helpful but not as timely,” continues Ms. Linville.

The MedAxiom cardiology database is the most extensive—and only—one of its kind in the entire industry. It’s been developed by some of the leading cardiology groups in the country. The benchmarking and trending data measure success and failure and give group practice members insight into vital performance-improvement opportunities. 

“Cardiology practices need solid data to make the right operational decisions, optimize resources, continuously improve performance and develop a strategy for the future,” expands Pat White, president of MedAxiom and a 20-year cardiology practice administrator for Michigan Heart.   “Objective, measurable information doesn’t lie. It is a crucial indicator of your performance, and evaluating that data is essential to the successful management of your practice,” Mr. White closes.

The target launch date for MedaXcess is late during the first quarter 2006. “Our challenge isn’t collecting the data or running the queries. Our challenge is developing a graphic interface to present the data in ways that will accommodate the expansive data points that will be available,” offers Joe Sasson, Vice President and product development manager for MedXpert.  “We’re on target to meet our launch date, we just hope our members are ready.”

About MedAxiom

MedAxiom is a comprehensive subscription-based service provider and information resource exclusively for cardiology practices. MedAxiom’s services are anchored by cardiology-specific comparative statistical analysis and benchmark reporting on such business-critical topics as group-purchasing programs, business-improvement solutions and networking. MedAxiom’s solutions include workflow/process redesign, strategic planning, independent-practice consulting and impact groups. In addition, MedAxiom also manages a knowledge-base portal, MedXpert, specifically developed for sharing information, knowledge and experiences across its network of cardiology practice members, industry and corporate partners. Founded in 1994, MedAxiom is comprised of cardiology practice specialists and subject matter experts focused on improving patient care and accelerating the evolutionary process of the health-care industry. MedAxiom supports nearly 200 cardiology practices across the U.S. For more information, visit its web site at www.medaxiom.com.


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