Medgrup President and CEO William Cronin explained his company's
Started By: Donald Baillargeon
Date: Jun 18 1999 10:29AM ET
Hospitals and Health Care Facilities can Recover Millions in Unpaid
Medicare Claims with Proper Claim Coding
Hollywood, CA-Emerging Company Report, the nationally syndicated
television program which profiles emerging-growth
companies (http://www.emergingcompany.com), features an interview this
week with Medgrup Corporation, which announced the pending commencement
of trading under the symbol CODX.
Medgrup President and CEO William Cronin explained his company's coding
consulting services for the health care industry.
“ Health insurance companies, Medicare and Medicaid require specific coding methods to
ensure that claims for patient health care are paid. There are countless millions of dollars
which go unpaid each year due to incorrectly or faultily coded claims. Our company
provides specific and correct health care insurance claim coding services which can help
hospitals and outpatient facilities recoup their enormous backlogs of unpaid claims”.
Cronin also indicated many health care facilities can circumvent financial disaster simply
by being able to properly claim and collect accounts receivable via correct coding.
Additional companies featured on Emerging Company report this week
include;
M & A West, Inc. (OTC-BB: MAWI) President & CEO Scott Kelly described
his company as one which was formed to provide guidance for small public
companies and companies looking to enter the public markets that wish to
raise capital, increase public awareness of their company and effect
strategic mergers, acquisitions or other business combinations.
Creative Hosts Services, Inc. (NASDAQ: CHST) has 39 concession
facilities in 21 airports, including business relationships with Carls'
Jr.,/Hardee's Hamburgers, Taco Bell, Mrs. Field's Cookies and TCBY
Yogurt.
Micro-Laboratories, Inc. (OTC-BB: MLAR) CEO Robert Thistle announced
agreements with Lycos (Nasdaq: LCOS) and theglobe.com (Nasdaq: TGLO).
Planet City Software (OTC-BB: PINC), whose contract with America Online
(NYSE: AOL) allows the 17 million subscribers of the number one online
service to check if their PCs are Y2K compliant.
Also: ISM Holding Corporation (OTC-BB: ISMH), Consolidated Data, Inc.
(OTC-BB: CSDD) and Itronics, Inc. (OTC-BB: ITRO), American Benefits
Group, Inc. (OTC-BB: ABFGE) and Saf-T-Hammer Corporation (OTC-BB: SAFH).
Viewers of Emerging Company Report can receive free information in the
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The program can also be viewed "On-Demand" at the Emerging Company
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Emerging Company Report television program, Copyright 1999, all rights
reserved. Emerging Company Report does not provide an analysis of
companies' financial positions and is not soliciting to purchase or sell
securities of the companies, nor are we offering a recommendation of
featured companies or their stocks. Information discussed herein has
been provided by the companies and should be verified independently with
the companies and a securities analyst. Emerging Company Report has been
paid a cash fee of $9,500.00 by the featured companies, does not accept
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featured companies and the information herein is not an endorsement of
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