FOR IMMEDIATE RELEASE: Mar. 4, 2009

Software-as-a-Service (SaaS) May Speed Stimulus Incentives to Doctors, Says MedPlexus CEO

Sunnyvale, CA – Mar. 4, 2009 – With the recent passage of the $787 billion stimulus bill, over $19 billion in incentives became available for healthcare IT implementation. According to Chittaranjan “CM” Mallipeddi, CEO and founder of MedPlexus, a leading provider of software solutions to medical practices, those with Software-as-a-Service (SaaS) in place are best positioned for the quickest receipt of current and future financial incentives.

“Most healthcare IT solutions in place now are outmoded and outdated,”” says Mallipeddi. “These legacy systems make it difficult and expensive to demonstrate the level of utilization necessary to receive not only currently available healthcare IT incentives, but also those from the stimulus bill.”

Mallipeddi also notes that SaaS-based solutions are more cost-effective and easily implemented than other widely available solutions on the market – such as client/server or previous generation ASPs -- that are slow to deploy, require large capital outlays, and are difficult to maintain without technical personnel readily available. “For business critical applications such as EHR, SaaS solutions provide a higher degree of reliability and redundancy at a fraction of the cost than other solutions in the marketplace. Plus, they allow for monthly billing instead of the multi-year, inflexible contracts required for other solutions.”

Adds Mallipeddi: “SaaS-based solutions remove the burdens of support and maintenance, making deployment of healthcare IT simple for practices without specialized IT skills. Practices using SaaS are in a much better position to reap the benefits to their bottom lines and productivity rates than those using legacy systems or less cost-effective currently available solutions.”

About MedPlexus
MedPlexus, a 2008 CCHIT-certified solutions company for the medical practices marketplace, was designed to help unleash revenue potential and improve the ability to provide quality healthcare. MedPlexus focuses on the business and clinical issues of the medical practice using a combination of Software as a Service (SaaS) platform, BPO services, and a 360º practice performance analysis to provide solutions for its clients of all sizes. MedPlexus mobile and Internet-based administrative, financial and clinical solutions and services are designed to improve patient care, increase practice efficiency, reduce costs and streamline information exchange between health care providers, payers, labs, pharmacies, and patients.

MedPlexus products include physician practice management, Electronic Health Record Solutions, ePrescription, and a patient self-service portal, which are deployed as integrated or individual products in a SaaS/ASP or a local/onsite solution. MedPlexus complements the product offering with associated billing services, accounting and audit services, and front office call management services. MedPlexus solutions automate physician workflow and offer physicians access to drug and disease databases, and payer, lab and pharmacy connectivity at the point of care. Founded in 2000 by visionaries seeking to develop and maximize IT solutions for physicians, the MedPlexus team spent years turning vision into reality with input from healthcare advisors and customers.

Media Contact:
Shev Rush
Shev Rush Public Relations
760-567-4321
shev@shevrushpr.com


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