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Physcape Teams with American Academy of Family Physicians to provide Web-based benchmarking capability
FOR IMMEDIATE RELEASE
Tuesday, June 03, 2003
American Academy of Family Physicians
(800) 274-2237, Ext. 5223
"The AAFP aims to help family practices create efficiencies and identify revenue opportunities within their practices," said Douglas E. Henley, MD, executive vice president of the AAFP. "By using Physcape, family physicians can identify under- and over-coding issues and address them to achieve better practice performance, which in turn helps them better serve their patients." AAFP members will soon have access to Physcape via AAFP’s Web site http://www.aafp.org, where they may enroll for the service. Members will receive notification when this link becomes available. Through this subscription, members can quickly assess their practices’ performance, generate reports and analyze data through comparison with Physcape’s database of more than 90 million procedure records.
"Ease of use is an essential element of benchmarking and a major priority for Physcape," said Luke McCain, CEO of Physcape. "In the past, family physicians have only had access to data from the Centers for Medicare & Medicaid Services for benchmarking purposes. While these data were valuable, they contained information for patients older than 65. However, the majority of family practice patients are younger than 65. Physcape allows family physicians to benchmark against like practices and for their specific patient mix, regardless of payer."
As an MGMA Services Inc. company, Physcape works in concert with the Medical Group Management Association, the nation’s leading source of data for the medical group practice industry.
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Physcape is a Web-based subscription service offering benchmarking tools for medical group practices. Physcape, with a national database of clinical and financial information on medical practices, provides its customers with a sophisticated suite of benchmarking tools and reports aimed to increase productivity and profitability.
About MGMA Services Inc.
MGMA Services Inc. is a for-profit subsidiary created and wholly owned by the Medical Group Management Association (MGMA). MGMA created this company to develop new products and services that support group practices.
About the AAFP
Founded in 1947, the AAFP represents 100,300 physicians and medical students nationwide. It is the only medical society devoted solely to primary care.
Approximately one in four of all office visits are made to family physicians. That is 228 million office visits each year — nearly 84 million more than the next largest medical specialty. Today, family physicians provide more care for America’s underserved and rural populations than any other medical specialty. Family medicine’s cornerstone is an ongoing, personal patient-physician relationship focused on integrated care.
To learn more about the specialty of family medicine, the AAFP's positions on issues and clinical care, and for downloadable multi-media highlighting family medicine, visit www.aafp.org/media. For information about health care, health conditions and wellness, please visit the AAFP’s award-winning consumer Web site, www.FamilyDoctor.org.
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