Aesyntix Physician Network Signs Exclusive Contract with Wholesale Merchant Group for Merchant Processing Services.Members of Group Purchasing Organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. (GPO) Will Save Significantly on Credit Card Processing Fees ROSEVILLE, Calif. -- Aesyntix Physician Network (APN APN abbr. advanced practice nurse ), a national group purchasing organization (GPO) for dermatologists and plastic surgeons, today announced it has signed an exclusive contract with Wholesale Merchant Group (WMG WMG Warner Music Group WMG Wireless Messaging Gateway WMG Williams Media Group WMG Where's My Glasses? WMG Woah My God WMG Wireless Marketing Group WMG Wisconsin Musical Groups WMG Windows Metafile Graphics WMG Wireless Media Gateway ) Merchant Processing Services. Under the terms of the contract, APN members will receive exclusive pricing and rebates on WMG services, including processing on Visa and MasterCard transactions. APN offers discount pricing contracts in areas that have significant impact on its members' bottom lines, including medical supplies, revenue cycle management technology, and business services. "Our contract with WMG further demonstrates our commitment to helping dermatologists and plastic surgeons increase the profitability of their practices," said Clark Avery, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Aesyntix Health, Inc. "Furthermore, this exclusive relationship with highly regarded WMG both validates and extends our leadership position in the market. We are pleased to be working with them." "Aesyntix is the leader in improving the profitability of dermatology dermatology (dûrmətŏl`əjē), branch of medicine concerned with diagnosis and treatment of diseases and disorders of the skin. and plastic surgery practices," said Josh Scheiner, CEO of Wholesale Merchant Group. "Combining their specialty knowledge and footprint with our industry leading services is a great opportunity. Aesyntix Physician Network member practices will get the best of both worlds: superior service and significant savings." "Switching to Wholesale Merchant Group--Aesyntix Physician Network's new preferred partner for credit card processing--will save our practice almost $10,000 this year," says Melinda Lomax, CMOM CMOM Capacity Management, Operations, and Maintenance CMOM Certified Medical Office Manager , Practice Manager of the Dermatology Center of Atlanta. "This new contract with WMG is another example of Aesyntix's commitment to saving money for member practices." About Aesyntix Health Aesyntix Health, Inc., a leading provider of solutions for dermatologists and plastic surgeons, is dedicated to helping physicians enhance the lives of their patients. Through two business divisions, Aesyntix Billing Solutions (revenue cycle management) and Aesyntix Physician Network (group purchasing organization), the company offers dermatology and plastics surgery businesses a range of services to help streamline business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , improve financial results, and strengthen overall practice performance. In addition, Aesyntix Health works closely with industry manufacturers, distributors, and other partners to deliver greater value throughout the medical supply chain. For more information, visit www.aesyntix.com. About Wholesale Merchant Group WMG is a leading provider of credit and debit card-based payment processing services to small- and medium-sized merchants located across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The company's payment processing services enable merchants to process traditional card-present, or "swipe" transactions, as well as "card-not-present" transactions. WMG enables merchants to accept cards as payment for their merchandise and services by providing card authorization, data capture, settlement, risk management, fraud detection, and merchant assistance and support. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. The Nielson Report's 2001 annual ranking of the top card processing companies, WMG is a part of one of the finest growing providers of card-based payment processing services in the United States. WMG is partnered with the largest players in the industry including Lipman USA, VeriFone, Hypercom , TeleCheck, TASQ TASQ Transparent Auto-Switch Quality (Quitum Technologies) TASQ Tactical Airlift Squadron , Valutec., and is Powered by First Data. For additional information, visit WMG at www.wholesalemerchantgroup.com. |
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