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Why do practices, physicians, health systems and provider networks select MED3OOO for healthcare management and technology?
MED3OOO has helped hundreds of medical groups, health systems and networks just like yours improve their practice, clinical and financial outcomes. Through this achievement MED3OOO has gained their trust and respect to become clearly the best healthcare management and technology resource in the industry. At MED3OOO, our professionals strive everyday to offer improvement with a difference. One that produces results and can constantly be measured. We can do this because we have developed some of the industries most sophisticated reporting tools to find the best outcomes for your organization. As a national healthcare management and technology services company with strategic regional operations, we are focused on enhancing the profitability of physician practices with the best tools and services for continuous improvement.
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What is an ASP?
An Application Service Provider or ASP is a company that offers other businesses, in our case physician practices, access to needed information systems without requiring the high initial capital outlay associated with the purchase of minimum numbers of software licenses, large capacity servers and other expenses by "leasing" the physician space on the ASP server. The physician leases the level of access needed and may adjust service levels in the future. Pricing is generally scalable to the level of use.
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Why is it better to lease a system through an ASP, than to buy a system?
The decision to use an ASP or purchase an information system depends on many factors. The advantages of an ASP arrangement include:
- Avoidance of capital outlay - lease vs. buy.
- Outsourcing of Information Systems functions including security, upgrades and system maintenance.
- Scalability to the current needs of the practice.
- Flexibility to expand or contract services with the practice’s needs.
- Redundancy and off site storage for protection against data loss and system failure.
- Built in access to implementation and training support.
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How do MED3OOO healthcare technology services differ from a typical ASP?
At MED3OOO we are operators and technology experts who strive with you to successfully operate your practice and improve performance. Unlike a typical applications service provider (ASP), we understand the practical application of technology in the day-to-day functioning of a medical office and unlike practice management operators we have produced positive outcomes through the precise application of technology.
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Why do customers choose MED3OOO for healthcare technology services?
Health systems, hospitals and physicians choose to obtain technology through MED3OOO because we provide access to and support for highly functional, state-of-the-art systems at scalable costs comparable to lower level vendor offerings. Large capital outlays for minimum license limits and major hardware requirements are eliminated. Additionally MED3OOO customers are offered the advantages of the MED3OOO M3/IQ™ for analysis and reporting.
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Are medical office information systems really worth the investment in time and money?
The value of the system is dependent on both the quality of the tool and the performance of the users. Chosen and used well, information systems can dramatically improve the performance of medical practice goals by enhancing efficiency, reducing errors (costly rework) and providing the data needed for sound business and clinical decision making. MED3OOO believes in the power of data in the operation and improvement of medical practices.
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Which types of healthcare technology services or information systems can really improve my practice?
There are many technology-based products on the market claiming to improve clinical and financial performance. Tools that have proven most useful to medical practices around the country include:
- Practice Management Systems with scheduling, registration, patient tracking, billing and collection, analysis and reporting components.
- EHR/EMR (Electronic Health/Medical Record) for management of patient records including clinical documentation.
- Data Warehouse Applications offering off site storage, data analysis and reporting.
- Communication Systems enabling automated patient appointment reminder and results reporting contacts, as well as electronic scripting.
For optimal utility and data quality it is important to select the right medical practice technology product and the right vendor.
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Why is MED3OOO the best choice for advanced practice management technology?
MED3OOO uses the technology it recommends in the operation of successful medical practices around the country every day. This experience as an "operator" provides MED3OOO with a user’s perspective not available to other technology vendors and ensures that we are continuously testing and improving every tool we offer. The value of our experience is passed on to our customers.
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Why are MED3OOO’s reports better?
MED3OOO designs reports to be used for decision-making, planning and improvement with the input of clinicians, practice management professionals and our team of operational experts. The years of experience and the diversity of perspective provided through this approach enhances the content, formatting and value of MED3OOO reports. The MED3OOO M3/IQ™ reports include:
- Standard Reports facilitating practice management including billing and practice performance measures.
- Custom Reports for performance improvement initiatives and key indicator monitoring.
- Decision Support Reports providing information required for planning, marketing and growth opportunity evaluation.
Care Management Reports aiding physicians in planning, implementing, documenting and assessing the results of clinical initiatives designed to improve patient care.
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Why is scalability of my information system valuable?
Information System scalability is a service access and payment approach available to MED3OOO’s ASP customers. It increases flexibility and allows a medical practice to respond to change more effectively than does an information system purchased from a vendor. MED3OOO’s scalable services allow customers to use and pay for only the level of service they need during a given period. Purchased information systems and their associated fixed payments lock a practice into a fixed level of service and cost.
If a physician in solo practice today selects a scalable ASP from MED3OOO and plans to grow her practice to five physicians in the future; she can purchase the services she needs now and add services as she adds providers and system users. Conversely, a large practice with scalable ASP services, facing the need to cut cost, may reduce the level of service it buys. In these cases, information systems purchased from a vendor would have required acquisition of additional licenses and server capacity at fixed levels for growth or continued payment at previously agreed amounts regardless of use, both limiting the medical practice’s ability to manage access and cost.
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How does MED3OOO select medical practice information systems and other technology to use in practice management?
MED3OOO has evaluated medical practice information system vendors and products for quality, continuous improvement/updates, stability, support and many other factors to determine which could best meet the needs of our medical practice customers. Additionally, we have implemented and enhanced support technology including electronic medical records (EMR), telephony systems and handheld applications in practices across the country. MED3OOO configures the top products identified through our own use into customized models to address the specific requirements of each practice.
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