Irvine, Calif. (PRWEB) March 23, 2006
Dynamic Healthcare Systems, a provider of innovative solutions for Medicare-focused health MSO’s and plans, today announced it has signed an agreement with Physician WebLink (PWL) to provide professional services and hosted software. Under the agreement, PWL will utilize Dynamic’s software and services to support its respective Risk Adjustment Programs with its major client, Monarch HealthCare. Dynamic will deliver monitoring and analytics reports based on data provided by PWL.
Under current models, health plans serving sicker populations are not fairly compensated. The Centers for Medicare & Medicaid Services (CMS) created a new revenue model based on the health status of Medicare members known as risk adjustment. Risk adjustment determines the severity of certain conditions and compensates plans at a higher rate for sicker members.
"We believe that Dynamic’s technology and services will cement our leadership in providing management and integrated business process outsourcing to connect physicians and consumers of healthcare offerings,” said Jacob Furgatch, Chief Operating Officer of Physician WebLink of California, Inc. "Following a careful review of available solutions, we chose Dynamic as our risk adjustment solution partner. Through this agreement, we anticipate productivity and efficiency improvements to ensure delivery of our services to our customers."
“The rapid pace of change to Medicare regulations and the challenges of implementing to CMS requirements in a short span of time have put businesses such as PWL and its customers at risk more than ever,” said Ken Stockman, Dynamic’s founder and CEO. “Our goal is to offer partners like PWL value-added, comprehensive business solutions that can improve on back-office operations, better manage costs and increase profitability as they and their customers comply with new rules and regulations set forth by the Medicare Modernization Act of 2003.”
About Physician’s Web Link
Physician WebLink (PWL) provides the health care industry’s most innovative management services and integrated business process outsourcing to connect physicians and consumers of healthcare. Privately owned, PWL is headquartered in Irvine, Calfiornia and has a major regional operations center in Durham, North Carolina. Over 200 professionals bring their expertise and knowledge to healthcare operations, IT management, and healthcare business processing. Since 1998, PWL’s systems and services have allowed clients to focus on the highest level of clinical excellence, and save millions of dollars each year in reduced administrative overhead and lost time.
About Dynamic Healthcare Systems
Dynamic Healthcare Systems, Inc. delivers comprehensive solutions for health plans and MSOs striving to succeed amid new and evolving regulatory requirements. Headquartered in Irvine, California, the company brings world-class innovations to middle market companies serving the Medicare population. Dynamic Healthcare Systems can be reached at (949) 975-1877. http://www.dynamichealthsys.com.