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Companion Technologies to Offer Billing Outsourcing to Medical Practices through Medico.


COLUMBIA, S.C. -- Companion Technologies has contracted with Medico to offer medical practices billing outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.  services using Companion products. E[acute accent acute accent
n.
A mark (´) indicating:
a. that a vowel is close or tense, as é in French été.

b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek.

c.
]The two companies, both headquartered in Columbia, S.C., signed an agreement in which Medico will use Companion PM practice management software and Companion Technologies will offer Medico outsourcing services to its clients seeking more than just software. Under the agreement Medico will also use Companion Technologies' other products, including Companion EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. , a scalable electronic medical record that can be integrated with the Companion PM practice management software. E[acute accent]"This is geared to practices looking to outsource all or a portion of their billing," said Cathy Huddle, Companion Technologies' vice president of sales and practice solutions. "This often costs a small to medium practice less than running their own billing and it frees them up to concentrate on the practice of medicine." E[acute accent]"Companion PM is the best medical management software available," said Robert Bedenbaugh, Medico president. "Their state-of-the-art Internet-based technology Refers to the communications infrastructure of the Internet, which is based on the IP protocol. IP is part of the TCP/IP protocol suite. It may also refer to voice over IP (VoIP), which uses the Internet to make telephone calls. See VoIP, IP and TCP/IP.  gives practices the most cost effective, efficient system on the market." E[acute accent]Medico, founded in 1993, performs billing management for 45 medical practices in South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures


Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15.
. E[acute accent]Companion Technologies (www.companiontechnologies.com) provides physician organizations with financial, clinical, operational and managed care information management services, from practice management systems, electronic medical records and electronic data interchange See EDI.

(application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce.
, to hardware and network services. Its products are sold nationwide.
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Publication:Business Wire
Geographic Code:1USA
Date:May 19, 2006
Words:237
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