July 2010—MedData has expanded use of its proprietary coding platform EDITS+ across the enterprise.  MedData utilizes this software to support the two primary verticals of Emergency Medicine and Hospitalist Medicine.   The shift to this common platform involves transitioning over 2.6 Million annual visits.  

The company is nearing completion of an effort to migrate all clients coding to the EDITS+ platform.  EDITS+ allows for flexible coding options including professional coding, facility coding, capture of time stamps and extensive clinical data.  A key differentiator of EDITS+ is the inclusion of extensive rules designed to enforce coding and payer requirements, with the goal of producing visits that will result in clean claim submissions, thereby reducing AR turnaround time.  Additionally, this platform includes a document management system addressing storage and viewing of medical record charts and non-medical records.  With over 150 data elements per visit, EDITS+ captures data that powers an extensive suite of clinical and operational reports available via a web based interface.

“We are excited about the benefits of using a single coding platform”, said  Ann Barnes, Chief Operating  Officer.  “Having an enterprise-wide coding solution has created new opportunities to streamline operations and gives MedData increased agility as we look to the future”.

MedData has 30 years of experience and  is an industry leader in Emergency Medicine and Hospital revenue cycle management, servicing approximately 5 million patient visits annually in over 30 states.

October 2009—MedData Inc. continues to move forward with its objective of becoming the industry leader in Emergency Medicine Revenue Cycle Management.  In step with that goal, MedData has partnered with Cognizant.

Cognizant, a Forbes Top 1000 company is a major global services company with talent organized around vertical industries and horizontal solutions, rather than regions and development centers. Their domain expertise in key vertical industries spans financial services; healthcare & life sciences; manufacturing-logistics; and IT.  MedData is leveraging Cognizant's deep experience in revenue cycle management, healthcare, and technology.  Douglas Thompson, MedData’s Chief Executive Officer states, “Our mission is to be the best coding, billing and data management company in America and this partnership just moves us one step closer to achieving our mission.”  He adds, “MedData’s 30 years of experience in Emergency Medicine Revenue Cycle Management coupled with the advanced processing power of a company like Cognizant will allow MedData to move more rapidly and readily as the demand for our services expands.”

September 21, 2009—MedData, a national provider of coding, billing and data management services to the specialties of Emergency Medicine and Hospitalist Care, today announced a major expansion of its domestic operations in Brecksville, OH.  MedData has built upon Summit Health Care Services, a Brecksville company which it acquired in 2008, to move to a new and more modern facility and expand its footprint.  MedData now has over 200 employees in the Brecksville office representing a 50% expansion in the last year.

According to MedData Chief Executive Officer, Doug Thompson, “Northern Ohio and MedData are a perfect fit.  Our facility in Brecksville allows us access to a workforce with a great work ethic, and is centrally located for a substantial portion of our client base.   I am convinced that this expansion will enable better results for our clients as well as a significant improvement in the work environment for our employees.  We are proud to be a part of this community.”

Servicing Clients in over 30 states and 5 million patient visits, MedData is one of the largest participants in the medical coding, billing and data management industry.  MedData achieves superior results for its Clients through utilization of advanced technology, emphasis on process management and result benchmarking, and retention of highly skilled, well trained employees.

For more information, please contact Katherine Huller at katherineh@meddata.com or call 1-800-877-8577.

March 2009—Seattle, WA—MedData, Inc., a provider of coding, billing and management services to the Emergency Medicine industry, announced today the completion of expanded services at several of its offices.  As of December, 2008, MedData’s “inbound” emergency patient calls have been transitioned from Chennai, India to its operations centers in Brecksville, Ohio and Colorado Springs, Colorado.   This transition has created approximately 25 new positions for MedData at these domestic locations.  While MedData is firmly committed to its partnerships with offshore sources, this expansion was viewed by the Company as a means of improving patient service.

“This environment of economic uncertainty and high unemployment made the decision to increase patient services personnel in Ohio and Colorado much easier.  Although it is more expensive, we feel the level of service to our Customers, and their customers—the patient—will be improved,” said Doug Thompson, Chief Executive Officer of MedData.  “The service expertise and appreciation for the complexity of paying health care bills from our expanded call centers are already improving the patients’ experience for our clients”

MedData is the premier provider of Emergency Medicine and Hospitalist revenue cycle management services.  With innovative technology, a focus on process management and a reputation for excellent Client service, MedData has grown to become an industry leader servicing approx. 5 million patient visits annually in over 30 states.   

SEATTLE, Oct. 27, 2008 – MedData, Inc., the premier provider of emergency department and hospitalist coding, billing and data management services, today announced that it has acquired Summit Healthcare Services (“Summit”), a provider of emergency medicine coding and billing services. The acquisition combines two of the most recognized and respected providers of emergency medicine revenue cycle management services. With the addition of the Brecksville, Ohio-based company, MedData expands and enhances its operational scale and customer service resources.

“MedData is very pleased to add Summit to our platform,” said Douglas Thompson, MedData’s Chief Executive Officer. “Both Summit’s and MedData’s clients will benefit from this enhanced platform as we leverage our combined experience and scale in coding, billing and receivables management. “

Thompson continued, “Our goal is simple: to provide the best value of any billing company to our clients. Our focus on accurate coding, increased client receipts, and best-in-class information and client support helps our clients optimize their practices.”

Joe LaMagna, an owner of Summit and the current President of the newly formed Summit division of MedData, said: “We are very excited to join the MedData team. Through the sharing of best practices and access to greater resources, the combined organization has enhanced ability to increase customer collections while providing superior client support.”

Baird Capital Partners and management provided equity funding and Associated Bank provided a credit facility for the acquisition. MedData is a portfolio company of Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity.

About MedData
Based in Seattle, WA, MedData is the premier provider of emergency medicine and hospitalist medical revenue cycle management services. Since 1980 MedData has provided medical coding, billing and data management services to emergency medicine and hospitalists physician groups and staffing firms nationally. With an innovative technology platform, a focus on process management and a reputation for excellent client service, MedData has grown to become an industry leader serving over 140 sites in 30 states.

About Baird Capital Partners
Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity, invests in lower middle-market companies in the Manufactured Products and Business Services sectors. Established in 1989, Baird Capital Partners leverages its deep sector knowledge, experienced investment team and extensive operating resources to drive value in its portfolio companies. Baird Capital Partners is supported by operating resources in China (Beijing, Hong Kong, and Shanghai) and India (Bangalore) that facilitate and execute Asia sourcing, manufacturing and distribution strategies for Baird Capital Partners’ portfolio companies. For more information, please visit www.bairdcapitalpartners.com.

Baird Private Equity, the global private equity group affiliated with Robert W. Baird & Co. (Baird), makes venture capital, growth equity and buyout investments in smaller, high potential companies in the United States through Baird Venture Partners and Baird Capital Partners, in China through Baird Capital Partners Asia, and in Europe through Baird Capital Partners Europe and Granville Baird, an affiliated fund manager that invests in Germany. Baird Private Equity has a global team of 80 professionals in nine offices across the United States, Europe and Asia, including approximately 20 operating professionals in Asia. Baird Private Equity and its affiliates have raised and managed approximately $2.4 billion in capital and invested in over 225 companies since the 1980s.For more information, please visit www.bairdprivateequity.com.

For more information please contact Katherine Huller at katherineh@meddata.com or call 1-800-877-8577.