Online Pricing Continues to Grow: PMMC Signs 200th Client and Releases Software Enhancements

PMMC recently signed its 200th Online Pricing customer. This enhancement release offers expanded analysis, reporting, and security.

Charlotte, NC, November 04, 2008 --(PR.com)-- PMMC is excited to announce new software enhancements and the continued success of its Online Pricing software.

Coinciding with this release, PMMC recently signed its 200th Online Pricing customer. In response to the expansion of PMMC’s Online Pricing customer base, Kelly Coleman, PMMC Senior Vice President of Development said, “The success and growth that we have seen with PMMC’s Online Pricing has been in large part due to our client’s feedback, suggestions and our ability to quickly respond. Our most recent enhancements provide subscribers of PMMC’s Online Pricing with even greater insight and comparative benchmark data to better understand their Inpatient and Outpatient price position and opportunities for refinement.”

This enhancement release offers expanded analysis, reporting, and security including:

Chargemaster Rate Comparison – Ability to upload a hospital’s CDM (HCPCS code charges) for easier, more robust analysis of current charges in comparison to a defined market.

Market Trend Adjustments – ‘Trends’ a hospital’s and/or the market’s historical charges using user-defined adjustment (%) rate to project current and future pricing positions.

Detected Change Analysis – Identifies pricing trends, LOS and case-mix changes in the market for more accurate pricing evaluations.

“Deleted Code” Identifier – Identifies previously utilized CPT® codes that AMA now designates as “deleted” for an additional compliance check.

Tertiary Diagnosis Code Analysis – Compares a hospital’s pricing and LOS against the market as it relates to tertiary DRGs/MS-DRGs codes for broader insight into complex services.

Definitive Diagnosis Analysis – Expands the current service level analysis of Definitive DRGs/MS-DRGs codes through enhanced drill-down functionality.

Service Pricing Analysis (Summary and Detail) – Easily identifies market pricing position using color-coded values to detect above and below market values.

Enhanced Market Selection Criteria – Ability to filter the user-defined market by city.

Enhanced Password Protection – Easier recovery of user log-in information.

In addition to Online Pricing’s robust analysis and reporting abilities, these enhancements have been designed to further help hospital executives analyze their financial health by quantifying and defending their pricing within their regional marketplace. One of PMMC’s customers, Mary Shostedt, Reimbursement, had this to say about her experience: "As a new user, I have found PMMC Online Pricing to be easy-to-use and easy-to-navigate. The variety of reports gives me plenty of options and frees up the time that I would otherwise spend creating reports. It’s great having one source for both DRG and APC comparative data."

For healthcare executives concerned about their market pricing, PMMC offers a web-presentation of any hospital’s charges as compared to its competition as a no-cost introductory service.

PMMC, headquartered in Charlotte, N.C., is a Microsoft-certified software development and consulting company. Its software and consultants have assisted over 400 hospitals and 20,000 physician clients. For more information, call Greg Kay at (704) 543-8103 or go to www.pmmconline.com under Strategic Consulting.

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Preferred Medical Marketing Corporation
Greg Kay
704-543-8103
www.PMMConline.com
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