July 12, 2004 - Ingenious Med, Inc. announces a new strategic alliance with CodeCorrect, Inc. to offer comprehensive, Web-based healthcare coding reimbursement intelligence. This partnership will further strengthen Ingenious Med’s charge capture suite by adding correct coding and compliance editing to produce cleaner claim submissions. In a continued effort to improve point-of-care charge capture as well as the collections process, Ingenious Med’s CEO, Steven Liu, MD says “We were looking for the other part of the equation. We were already helping users capture charges effectively, but we wanted to further help them increase collections and decrease denials. With CodeCorrect, we can now make it effortless to submit the right charges – and quickly.” Under the terms of the agreement, IMBILLS – Web Edition users will gain a more detailed resource with the addition of CodeCorrect’s KnowledgeSourceTM PRO, an online coding reference database. Additionally, CodeCorrect’s Integrated CodeCheckTM validation engine provides real-time code review of charges created at the bedside, eliminating the reworking and review often required by billing department professionals. Ingenious Med’s suite of products has been acclaimed for its intuitive interface and ability to keep pace with busy physicians. Since 2001, physicians have enjoyed the improved patient care, enhanced productivity and coding compliance made possible with the use of Ingenious Med’s IMMasterCoder, IMBILLS - Office, and IMBILLS - Web Edition. CodeCorrect’s validation protocols will also effectively leverage Ingenious Med’s existing Evaluation & Management tool, IMMasterCoder. Together, these validation tools will provide proper integration between level assessment and documentation processes using real-time coding alerts to further augment users’ return on investment. “CodeCorrect is excited to be a vital component of Ingenious Med's online solution for improving charge capture”, states CodeCorrect CEO, Kerry Martin. With the buffer of grace periods going away, an unprecedented level of pressure is on physician groups and hospitals to deal effectively with regulatory change and coding complexity. CodeCorrect and its proven Internet delivery system for coding and reimbursement intelligence will clearly enable Ingenious Med’s customers to thrive. About Ingenious Med Ingenious Med, Inc. is a medical technology company based in Atlanta, Georgia, founded by practicing physicians who care about, and strive to address the needs of practitioners in the industry. CEO Steven T. Liu, MD is also the original creator and developer of Ingenious Med’s flagship product, IMBILLS TM. IMBILLS is a comprehensive Internet and mobile PDA software suite that provides both medical billing and patient management tools for the busy practitioner. For more information, call (678) 229-4043. About CodeCorrect CodeCorrect maximizes revenue sourcing through one-stop, comprehensive coding reimbursement intelligence. Headquartered in Yakima, Washington, CodeCorrect is a strategic partner of Health Forum, an American Hospital Association company, and provides online tools to hundreds of hospitals and thousands of physicians nationwide. For more information, visit www.codecorrect.com.