Ingenious Med Announces Strategic Partnership With Praxis Medical Management Group Alliance Enhances Billing Services for Medical Practices ATLANTA, GA - August 29, 2005 – Ingenious Med, a leader in software for improving inpatient care quality and charge capture collection, announces a strategic alliance with Praxis Medical Management of San Antonio, Texas, which provides billing services for medical practices using the GE Centricity software. The integration of Ingenious Med's hand-held charge capture software with the Praxis medical billing service decreases the number of rejected claims from coding issues, streamlines compliance with government regulations regarding appropriate charges, and speeds payment to the doctors and medical practice group. "Physicians and the medical practice benefit from Ingenious Med's IMBILLS, indicating compliance with the proper code at time of entry," said Fred R. Mills, president of Praxis Medical Management. "By reducing rejections, charge capture at bedside can directly improve both physician compensation and the financial health of provider organizations." Mr. Mills previously was CEO of three health care systems, including Baptist Health System, San Antonio and Missouri Baptist Medical Center, St. Louis. "Physicians and medical practices, clients of Praxis Medical Management, can use Ingenious Med's IMBILLS to capture billing, care, and outcome information quickly at the bedside," said Dr. Steven T. Liu, CEO and founder of Ingenious Med. "This bedside capture generates the charge, checks for correct coding and Local Medical Review Policies (LMRPs), flags any issue, speeds collection, and enables review." IMBILLS features electronic charge capture at bedside, utilizing electronic rounding sheets and eliminating the need to record charges on cards during rounds, then later entering the data, which can result in lost charges. Integration with Praxis medical billing significantly reduces the time lag in sending and collecting charges. Quicker capture and coding results in faster payment to the medical provider, practice group and physician. Physicians receive a rapid return on investment and eliminate administrative redundancies by implementing IMBILLS to link the clinical care side with the billing and administrative systems side of the practice. About Ingenious Med, Inc. Ingenious Med offers next-generation, healthcare industry software, "designed by physicians for physicians." For years, the firm's large, national customer base has relied upon this leading solution. At Ingenious Med, clinicians and healthcare IT experts deliver software that works well in the crucible of a busy clinical practice. Practicing physicians establish the interface and process foundations for clinical software development. The result is creation - and exacting refinement - of ergonomic, intuitive, and practical applications for the busy physician. Current solutions for medical practices include wireless PC, handheld, and server-based software that serve physicians as they make hospital rounds, allowing them to easily gather information and capture charges at the patient's bedside. Captured data synchronizes with Ingenious Med's, Web-based ASP solution, providing easily accessible and secure information to the entire practice. Internet connectivity and Ingenious Med's charge capture applications simplify the practice of medicine for both clinicians and administrators. Ingenious Med's mobile software solutions improve the healthcare billing process by providing physicians with an easy to use charge capture tool, which features an intuitive interface. Ready-to-go software includes comprehensive ICD-9, CPT, and RVU databases that are customized, for each specialty, to capture required data. Please call us at (404) 815-0862.