Cybear Introduces New Version of Internet-based Product for Physicians; Solutions MD Version 2.0 Provides More Functionality, Easier Navigation.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--July 29, 1999-- Cybear, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CYBA CYBA Charter Yacht Broker Association CYBA Conejo Youth Basketball Association (Conejo Valley, California) CYBA California Yacht Brokers Association CYBA Cybertron Army CYBA Columbia Yacht Brokers Association ), an Internet-based portal and healthcare communications and applications company, today announced the release of Solutions MD Version 2.0, a comprehensive update of Cybear's Internet application designed to connect physicians to one another, and the world. This version, delivered automatically to customers' desktops, provides more robust tools for improving medical office productivity, faster and easier navigation, a fresh new look, the ability to personalize their home page, and one-click connections to favorite application tools. Solutions MD Version 2.0 provides a gateway to the Internet for physicians and others in the medical office and a simple way to create a customized web site for the physician's practice. Providing multiple tools to eliminate the bureaucratic obstacles to practicing efficient medicine, it contains extensive physician, practice, coding, patient care, clinical and compliance solutions. For example, the product provides convenient access to numerous forms to aid the physician in the myriad requirements of patient care, billing, reimbursement, compliance, and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . There's even a tool to allow the practice to conduct patient satisfaction surveys in accordance with National Committee on Quality Assurance guidelines. Other features include access to patient education handouts, ICD ICD International Classification of Diseases (of the World Health Organization); intrauterine contraceptive device. ICD abbr. 9 code searches, one-page summaries of the doctor's managed care contracts, profiles of insurance plans' coverage of pharmaceuticals, and a listing of searchable clinical trials. "Developing this enhanced software package was truly a cooperative effort," said Ed Goldman, M.D., Cybear's president and chief executive officer. "We listened to our customers and are providing them with an enhanced product even better suited to their needs. Whether it's healthcare news prioritized by their medical specialty medical specialty Any specialty that provides non-interventional Pt management, ie with drugs, or with minimum intervention–eg, balloon catheterization Examples Internal medicine–allergy and immunology, cardiology, gastroenterology, hematology/oncology, , their stock portfolios, or even sports news, we feel it is important to let our users decide for themselves what they want to see when they log on to their computer screen." Solutions MD Version 2.0, an upgraded version of the Solutions MD software package introduced in March, contains many features that are designed to help the medical office eliminate excessive administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. , including: o Online verification of a patient's insurance eligibility and referral authorizations. o Built-in E&M benchmarking tool that lets the doctor's office compare its Evaluation and Management (E&M) coding patterns with HCFA HCFA abbr. Health Care Financing Administration HCFA, n.pr See Health Care Financing Administration. national averages for a particular specialty. This is essential to helping the medical office gauge whether it may be losing profits by undercoding. o An online capitation contract calculator, which allows medical staff to evaluate a new capitation contract by computing its cost, per member per month, and comparing this figure to the proposed revenue stream. o Redundancy-reduction tools, including an online program that stores the doctor's credentialing data and automatically populates the fields of managed care applications - saving time and money. Cybear, Inc. (www.cybear.com) offers products and services using the Internet and Internet-based applications to improve the efficiency of day-to-day administrative and communications tasks of healthcare providers that interact to manage patient care. Cybear is developing its Solutions product line, a subscription-based Internet Service Provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. system that provides Internet access See how to access the Internet. and Internet-based applications to physicians, physician organizations, pharmacies and hospitals and allows them to obtain information from Cybear's Web site and other Internet locations. In March 1999, Cybear introduced its first Solutions product, Solutions MD, which addresses the communications and operational needs of physicians. Solutions MD subscriptions are available online at its web site www.solutionsmd.com or by calling 877/999-3001. Forward-looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or "continue" or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including those risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion