He's the CEO of MIS Physician Services, a medical practice consulting company. Today, the company is in the final stages of developing a unique application that helps doctors receive maximum reimbursement for their services. Specifically, EMIS, as it is called, provides current and relevant information to allow physicians to bill services to all third-party payers, such as Medicare, Medicaid, PPOs, indemnity insurance companies, worker compensation organizations, and others. EMIS also helps the physicians monitor their reimbursements and appeal any payments that are less than the physician and patient should be paid. That means the company must keep its physician clients fully up to date on the constant changes in payment guidelines and rules.
Constant change is the key issue here.
As soon as you learn the game, it changes. We're in the business of managing change. MIS sends out updates via newsletters and Flash Faxes, but the accelerated pace of change in reimbursement requirements has created the need for a more responsive and cost-effective product. In the near future, MIS Physician Services' clients will be able to dial up a web site to obtain updates automatically on the latest billing requirements from its vast information database. It's going to be infinitely better for our clients and significantly reduce our cost of doing business, which will allow us to pass on the savings to our clients.