Henry Schein MicroMD, a provider of proven and cost-effective practice management and electronic medical records (EMR) systems, and MDeverywhere, provider of revenue cycle management (RCM) and credentialing solutions, have signed a new agreement to offer customers an industry leading, fully integrated clinical and financial system designed to help physicians build a better practice.

"Both companies have an excellent product and enviable position in the health care IT marketplace serving ambulatory medical practices," said Bruce Lieberthal, general manager and vice president of Emerging Technologies for Henry Schein MicroMD. "By working together, we can each continue to focus on our strengths, while offering customers access to the benefits of the other's software."

Henry Schein MicroMD practice management and EMR software is designed with performance and scalability to assist providers in managing administrative, financial and clinical workflow efficiency and profitability in their practice.

MDeverywhere's ICD-10 compliant RCM solution effectively captures revenue a physician leaves uncollected, typically 15 per cent. With purpose built tools confirming insurance plan enrollment, identifying coding claim errors before claims are sent, decreasing denials by enabling complete and accurate claims, and enforcing payor contract compliance, MDeverywhere maximizes physician revenue.

MDeverywhere's credentialing verification services make MDeverywhere the ideal delegation partner with enrollment services including unlimited health plans, Council for Affordable Quality Healthcare (CAQH) maintenance, group applications and re-validations for all provider types and can help with re-validation by 2014 to comply with the Affordable Care Act re-validation requirement.

"We are excited to be working with MicroMD to offer a single-point solution to physician practices," adds Ann Bilyew, CEO of MDeverywhere. "We are better serving our respective customers by offering the best of both worlds — ensuring they have a fully integrated system to successfully and efficiently operate their practices."

MDeverywhere's unique RCM solution includes purpose built, cloud-based practice management software, coding rules engines, contract monitoring tools and full-scope claims management, patient payment portal and back-office services.

The Henry Schein MicroMD brand of practice solutions encompasses simple yet powerful electronic medical records and practice management software that help facilitate the delivery of superior patient care; automate incentive and quality reporting activities; and streamline operations for today's busy providers.

Henry Schein, Inc. is the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners.