Corporate Profile for Medical Advantage Inc., d.b.a. Med Advantage, dated May 3, 1996.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services See Information Systems. . These include Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business Briefing, DataTimes, Nexis, Dialog, NewsNet, America OnLine, CompuServe, Delphi, Individual's HeadsUp and First!, Desktop Data's NewsEdge, UMI UMI University Microfilms International UMI United States Minor Outlying Islands (ISO Country code) UMI University of Miami UMI Universal Management Infrastructure (IBM) Data Courier, NewsBank, Information Access Company, Prodigy, Comtex, and many others. -0- Published date: May 3, 1996 Company name: Medical Advantage Inc., d.b.a. Med Advantage
Address: 3452 Lake Lynda Drive, Suite 250
Orlando, Fla. 32817
Telephone No.: 407/282-5131 Chief Executive Officer: John B. Witty Ed.D. Public Relations Contact: John C. Barrett Business number: 407/282-5131 Industry: Healthcare/Manage Care Company description: Medical Advantage Inc., d.b.a. Med Advantage, located in Orlando, Fla., provides nationwide Credentialing services to HMO's, PPO's, hospitals and other Managed Care Organizations (MCO's). Credentialing (primary source verification of Licenses, Insurance, Education, Sanctions, Board Certifications and Hospital Privileges) is considered to be one of the fundamental building blocks necessary to reach accreditation from the National Committee for Quality Assurance National Committee for Quality Assurance Medical practice A private, not-for-profit organization which has become the leading accreditor of managed care plans; in site visits, NCQA reviewers evaluate a managed care plan in terms of quality management, physicians' (NCQA NCQA National Committee on Quality Assurance, see there ) or the Joint Commission for Accreditation of HealthCare Organizations (JCAHO JCAHO Joint Commission on Accreditation of Healthcare Organizations, see there ). Med Advantage, incorporated in 1993, has seen exceptional growth in sales and revenue. Sales for 1995 were over $1 million and expect to reach $5 million by the end of 1997. Med Advantage attributes this growth to the sheer amount of data collected on Medical Providers. Its database currently holds over 700,000 medical practitioner's information, which contains Address, Education, DEA DEA - Data Encryption Algorithm No., Board Certifications and License Information. Med Advantage has applied for accreditation through NCQA and is scheduled for an onsite audit in June 1996. This year will be the first for any Credentialing Verification Organization (CVO CVO Chief Visionary Officer (corporate title) CVO Cascades Volcano Observatory (USGS) CVO Commercial Vehicle Operations CVO Chief Veterinary Officer CVO Custom Vehicle Operations ) to receive this prestigious status. For further information, contact Med Advantage's Vice President John C. Barrett at 407/282-5131 or visit our web page at "www.med-advantage.com" or E-mail us at sales@med-advantage.com. -0- NOTE TO EDITORS: In the Internet/email address noted in this news release, there is an "at" symbol between sales and med-advantage.com. This symbol may not appear properly in some systems. CONTACT: Medical Advantage Inc., d.b.a. Med Advantage John C. Barrett, Vice President, 407/282-5131 |
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