MMGR LANDS BIG CONTRACT! wORTH 1 MILLION NOW - 10 - 15 MILLION OVER NEXT FIVE YEARS.
TAMPA, Fla., April 29 /PRNewswire/ -- Medical Manager Corporation (Nasdaq:MMGR)
announced today that Management Directions of North Carolina (MDNC), a management service
organization (MSO) located in Winston-Salem, has selected The Medical Manager(R) physician
practice management system for its statewide network. MDNC is owned by four medical centers in
the state and serves approximately 700 physicians.
The initial contract includes The Medical Manager software, the MSO Enterprise Manager, training
and implementation for a central MSO currently serving 40 practices. The second phase of the
contract will add three additional MSO regions over the next three to six months.
Opening in November 1994 as an affiliate of The Bowman Gray/Hospital Medical Center, MDNC
manages all aspects of a medical practice, providing among other services, practice management,
information systems, consulting, billing, transcription services, and business development. In January
1997, The Medical Center joined with three of the state's largest not-for-profit health care systems,
including Carolinas Physicians Network, Charlotte; UNC Health Care System, Chapel Hill; and Pitt
County Memorial Hospital, Greenville, to share ownership in a statewide MSO.
Executives from MDNC cited several reasons for selecting The Medical Manager, including the
longevity of the product, enterprise technology and the level of support services available.
``We feel that The Medical Manager is a mature product that can handle our complex needs,''
explained Patricia Vogel, President and CEO of MDNC. ``The MSO Enterprise Manager, for
example, allows us to track the various types of organizations we are managing, whether it be an
IPA, PHO or solo practice.''
Vogel also stated that The Medical Manager will play an integral part in MDNC's future growth
plans.
``We are building a statewide network with The Medical Manager as the base to connect payors,
employees, government agencies and the four medical centers,'' added Vogel. ``We expect to spend
about $1 million this year on The Medical Manager, a figure that could grow to as much as $10
million to $15 million over the next five years.'' |
