MD On-Line Acquires Electronic Health Records Company Healthware Solutions LLC

Acquisition Allows MD On-Line Providers Access to Established Electronic Health Records Solution in Advance of January 1, 2011 Government Stimulus Funds Initiative

PARSIPPANY, N.J., Nov. 30, 2010 /PRNewswire/ -- MD On-Line, a proven leader in enabling interoperable electronic data interchange (EDI) transactions between healthcare insurance companies and healthcare providers, today announced that it has acquired Healthware Solutions LLC, whose e-Chart software has already been developed, used and proven to improve efficiency and provide ready access to electronic medical records for medical practices of all specialties and of all sizes.  The acquisition gives existing MD On-Line customer access to a proven EHR system in advance of the government stimulus funds set to become available for Meaningful Use Certified EHR solutions beginning in 2011.

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According to Bill Bartzak, President of MD On-Line, Healthware and its e-Chart solution is the perfect product for the EHR future and the core base of MD On-Line customers.  "We have been searching for the right product to keep our customers ahead of the curve on electronic health records and the e-Chart solution is by far the best one we have found," says Bartzak.  He added, "We are excited about the ability to make this product available to our customers, and to the ability to link health records into our claims processing solution for a totally integrated EDI experience." The other major factor in our decision was that this is an EMR for doctors written by a practicing doctor.

As part of the deal, Dr. Richard Goldstein, a practicing Internal Medicine physician and one of the key architects of the e-Chart solution, will join MD On-Line while continuing in his multi-office practice that has used the Healthware solution since its inception.  Dr. Goldstein will continue to play a similar role at MD On-Line, overseeing technical enhancements to the software.

Part of the strength of the e-Chart solution is that it was developed by physicians and has been in use by a number of physicians for years.  "While so many new solutions are just that – new solutions – the e-Chart product is one solution that has been vetted in real offices by real doctors for years," said Bartzak.  He added, "It truly is the right product at the right time and we are excited about the ability to bring it to our customers as stimulus funding provides the incentive for them to embrace EDI on a larger scale."

The MD On-Line team will begin offering the e-Chart solution in early 2011.

About MD On-Line

Award winning MD On-Line Inc. is a leading provider of electronic data interchange (EDI) solutions that facilitate the critical connection between doctors and payers. Its offerings enable electronic data capture and entry, and claim and transactional data submission to payers. Co-branded and endorsed by more than 30 major insurers and increasing its presence in providers' offices of all sizes, MD On-Line is transacting the business of healthcare, helping to make the healthcare system significantly more cost-effective by eradicating inefficiencies. In addition to claims processing, MD On-Line offers real-time services for eligibility verification, referrals, claim status inquiries, and electronic remittance advice (ERAs). Its "all-payer" EDI solutions encompass a network of more than 2,000 payer organizations and are used by more than 45,000 healthcare providers nationwide. For additional information visit www.mdon-line.com.

SOURCE MD On-Line Inc.

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