medical financial
, The Association of Directory
Publishers (ADP) named Everyday Yellow
Pages the Association's "Gold Book
Champion," at the 2005 Gold Book Dinner and Awards Ceremony, held
at ADP's
recent Annual Convention + Partners Trade Show in Fort Worth, Texas. Its network solutions
have long been among the nation's
leading, automating the exchange of information among pharmacies
, payers,
hospitals and physicians.pages electronic
Association of Directory Publishers Membership Names Everyday Yellow
Pages 2005 'Gold Book Champion'
Contact:
Larry Angove
Association of
Directory Publishers (ADP)
231.membership processing
The Letter of Intent contemplates that MDwerks will acquire
customer
contracts, software, vendor lists and access to a customer service, coding
and software
contract team, among other assets of Odyssey. Odyssey's
infrastructure is scalable, flexible and
adaptable, and therefore highly
compatible with MDwerks solutions. All statements, other than
statements
of fact, included in this release, including, without
limitation, statements regarding potential
future plans and objectives of
the companies, are forward-looking statements that involve risks and
uncertainties.
NDC Pre + Post Editing Services (PPE) designed for retail chain
pharmacies
, and PPE+ for CommunityRx, a package of edits designed for
independent pharmacies, utilize the company
's market-leading claims processing
network, the NDCHealth Intelligent Network, to improve the pharmacy
claim
adjudication process, reduce submission errors and support receiving accurate
payment by
insurance payers.0 billion healthcare transactions annually, and more than 45% of all
electronic
healthcare claims in the United States. Its systems and information management solutions
help improve
operational efficiencies and business decision making for
providers, retail pharmacy and pharmaceutical
manufacturers.ndchealth.throughout directories
The Odyssey team is
experienced in creating medical billing solutions,
functionality and
services that have the quality MDwerks clients expect, and we look forward
to
completing this transaction as soon as possible.
Certain statements in this news release may
contain forward-looking
information within the meaning of Rule 175 under the Securities Act of 1933
and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to
the safe harbor created
by those rules. This figure exceeds the company's previous daily
record of 28 million.
About NDCHealth
NDCHealth is a leading information solutions company serving all sectors
of
healthcare.resumes networking
"
"Everyday Yellow Pages is truly honored to be named 2005 Gold Book
Champion,
" said Todd Baldwin, president, Everyday Yellow Pages.management companies
, said, "Odyssey Healthcare Consultants
Inc
."
About MDwerks, Inc.
Headquartered at Atlanta, Ga.networking directories
Howard Katz, CEO of MDwerks
Inc.gov. The second, held at the Association's Annual
Convention in the spring, focuses on the physical
excellence of entered
directories themselves, and features nine award categories.com .financial consultants
(OTC BB: MDWK
), based in Deerfield Beach, Florida, offers
healthcare providers web-based insurance claims management
solutions,
including Advance Funding of medical receivables. "As judged by their
peers, they demonstrated
consistently high quality in the physical
characteristics and features of their directory products
, rightfully earning
the title of 2005 Gold Book Champion. Continued Growth in Pre- and Post-Editing
Business Contributes to Milestone
ATLANTA, NDCHealth Corporation
(NYSE: NDC), a leading
provider of healthcare technology and information
solutions, announced today that the company set
new daily records for
processing prescription transactions as a result of strong market adoption
of
its pharmacy claims editing solutions, NDC Pre + Post Editing Services and
PPE+ for CommunityRx
(TM).
According to NDCHealth, claims editing transaction volume has increased by
25% in the
past year, with more than 35,000 pharmacies now utilizing its
pharmacy claims editing solutions.
"
About the NDCHealth Intelligent Network
The NDCHealth Intelligent Network is one
of North America's largest and
most reliable electronic healthcare transaction networks.networking resumes
MDwerks
, Inc. with consulting, business advisory,
investor relations, public relations and corporate development
services,
for which CFSG receives a fixed monthly fee for the duration of the
agreement. It provides
value to its members through the conduct of
conventions and trade shows, a robust communications
effort, diligent public
policy oversight and activity, and a variety of membership programs and
services
.angove@adp.
association resumes
has virtual billing capabilities that we believe can help us expand
the services
and solutions MDwerks offers its clients.
The annual ADP Gold Book competition is contested in
two sections.financial resumes
(OTC BB: MDWK), a
provider of comprehensive Web-based healthcare claims management
and
Advance Funding solutions, today announced it has signed a non-binding
Letter of Intent to
acquire substantially all of the assets of Odyssey
Healthcare Consultants, Inc.
Visit http:
//www.exchange companies
("CFSG") provides MDwerks Inc.
"It is my sincere pleasure to congratulate Everyday Yellow
Pages on their
Gold Book win," said ADP President + CEO Larry Angove. On an annual basis, the company
processes
approximately 2.listings networking
935.org
NDCHealth and NDC are trademarks of NDCHealth
Corporation.claims consultants
Points earned in
each section are then combined to determine the overall Gold Book Champion
.adp. It processes more
than 5.listings resumes
, a virtual medical billing company based in
Boca Raton, Fla.
Pursuant to a December 1, 2005 agreement, Consulting For Strategic Growth
I, Ltd. All other
company
and product names mentioned may be trademarks of the company.financial list
PRESS RELEASE MDwerks Signs Non-Binding
Letter of Intent to Acquire Virtual Billing Company
The
initial section, which recognizes outstanding
achievements in the marketing
and promotion of entrants' directories, is held at the Association
's Mid-Year
Convention in the fall.pages companies
There can be no assurance that such statements will prove to
be
accurate and actual results and future events could differ materially
from those anticipated in such
statements.sec. TRAVERSE CITY, Mich."
Headquartered in Arlington, Texas, Everyday Yellow Pages
publishes
complete directories serving the local communities of Arlington, Coppell,
Grand Prairie
, Irving and Mansfield.3 million of which were pharmacy
claims editing transactions.association throughout
The completion
of the transaction is subject to the negotiation and
execution of a definitive purchase and sale
agreement, as well as due
diligence by both parties.
"Our ability to optimize value for our
customers by editing transactions
on the NDCHealth Intelligent Network is a clear differentiator
for our
company," said Walter Hoff, chairman and chief executive officer, NDCHealth.american medical
org to learn
more.list billers
Factors that could cause actual
results to differ materially from those in the forward-looking
statements
include, among other things, the following: general economic and business
conditions;
competition; unexpected changes in technologies and
technological advances; ability to commercialize
and manufacture products;
results of experimental studies; research and development activities;
changes
in, or failure to comply with, governmental regulations; and the
ability to obtain adequate financing
in the future. Independent of CFSG's receipt of cash compensation from MDwerks,
CFSG may choose to
purchase the common stock of MDwerks and thereafter sell
those shares at any time it deems appropriate
to do so. "It is
particularly rewarding to be acknowledged by our colleagues in the industry.
About ADP
Founded in 1898, Association of Directory Publishers (ADP), is the oldest
and
largest trade association representing telephone directory publishers in
the United States., NDCHealth
provides information vital to the
delivery of healthcare every day.companies center
MDwerks, Inc. For more
information,
visit http://www.companies directory
In addition, Odyssey will enable us to
expand our client base
and enter new markets. In addition to residential and business
telephone listings, the company's
directories offer a wealth of community
information, such as: attractions, sporting events and venues
, arts and
entertainment venues, transportation information, shopping information,
airport information
, community services and school schedules.
"With almost half of our transactions now attributable
to our claims editing
services, we have taken our network beyond a claim transaction clearinghouse
to a unique content and algorithm application.directories resumes
This information is
qualified in its entirety by
cautionary statements and risk factors
disclosure contained in certain of MDwerks' Securities and
Exchange
Commission filings available at http://www. On May 2, 2005, the NDCHealth(R) Intelligent
Network
processed 31.billing throughout
In business since 1997, Odyssey provides electronic-based billing solutions
to private medical insurers and private healthcare practices as well as to
healthcare operations
such as medical equipment providers, rehabilitation
centers and small hospitals.4608
larry
.NDCHealth Reports Record Daily Prescription Transactions
7 million transactions, 13.1 billion pharmacy
claims editing transactions.medical membership
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