FOR IMMEDIATE RELEASE
MCOLÔ
Releases CAP-MANÔ
Version 3.0 SUITE of Tools and References for Managed Care Professionals Evaluating
Risk
MODESTO, CA, October 3, 2000---- MCOLÔ (mcol.com), the leading health care information technology
company specializing in delivering business-to-business managed care knowledge
resources, has just released version 3.0 of it’s popular CAP-MANÔ software suite.
CAP-MAN Version 3.0 includes new Milliman & Robertson, Inc. national
commercial and Medicare utilization and average charge data, according to
M&R defined categories, in the suite’s capitation calculator. With version
3.0, MCOL has also reached agreement with VHA Inc. to allow MCOL to offer CAP-MANÔ
to its member health organizations at a substantial discount.
CAP-MAN provides a suite of tools and reference resources for professionals
evaluating managed care risk arrangements, including: Capulator,Ô
a capitation and utilization calculator with pre-set and custom models and
reports; CapulatorÔ
Tutorial; Capitation Seminar, an executive training module; and Capitation
Negotiator, a capitation contract language negotiation reference resource.
Says Clive Riddle, president MCOL, “Using CAP-MANÔ,
one can acquire key managed care risk knowledge, consult CAP-MANÔ when negotiating contracts, and use CAP-MANÔ
to calculate and project managed care risk requirements on an ongoing basis. In
addition to Capulator’s new M&R pre-set models, the Capitation Seminar and
CapulatorÔ
Tutorial were both upgraded, and various functional enhancements were made
throughout the suite.”
Steve
Cigich, a Milliman & Robertson, Inc. Milwaukee-based consulting actuary
says, “We are impressed with CAP-MAN's
Capulator as an affordable and easy to use tool to aid understanding of medical
budgeting and risk dynamics. Providing our nationwide data is a great way to
engage MCOL customers in the thought process for evaluating different capitation
configurations. By utilizing M&R service categories, this tool provides a
"common coin" enabling us to provide customers with data more suitable
to their situation.”
Says Charles Parker,
director of VHA member strategies, “MCOL’s new version of CAP-MANÔ
provides our members an affordable resource to evaluate managed care medical
risk arrangements, whether they are considering entering, exiting or maintaining
an agreement. At a time when some members are reducing capitation involvement,
CAP-MANÔ
is an ideal tool for ongoing evaluation of other market arrangements and
activity involving a degree of risk or risk-sharing.”
CAP-MANÔ
will continue to be priced at $98 until 2001, when the price will increase to
$148. For a limited time, customers will also receive a complementary hardcover
copy of The Capitation Sourcebook, the
definitive capitation reference book with over 600 pages, edited by Peter
Boland. Previous CAP-MANÔ
customers will have a special opportunity to upgrade for minimal cost, and
Managed Care On-LineÔ
members with companion software can upgrade at no additional cost.
Additional information, including order forms, is available at www.mcol.com/capman.htm.
About Milliman & Robertson, Inc.
For
over 50 years, Milliman & Robertson, an international firm of actuaries and
consultants, has been evaluating risks and opportunities for clients in four
major areas - health care, including both health insurance and the management of
health care organizations, employee benefits, life insurance, and property and
casualty insurance. Milliman & Robertson's health care consulting practice,
one of the premier practices of its type, serves all sectors of the health care
market with unrivaled data resources and proprietary consulting tools. M&R's
1600 employees serve clients from more than 25 offices in the United States and
overseas. For more information on Milliman & Robertson, go to www.milliman.com
VHA
Inc. is a nationwide network of 2,000 leading community-owned health care
organizations and their affiliated physicians. The VHA alliance comprises 27
percent of the nation’s community hospitals, including many of the nation’s
largest and most respected institutions. VHA offers programs and services to
improve financial and clinical performance, and as a cooperative distributes
income annually to members based on their participation. In December 1999, VHA
was named one of the "100 Best
Companies to Work For" by Fortune.
For more information, go to www.vha.com.
MCOL is a five-year-old health care Internet company delivering business-to-business managed care resources. MCOL has become the recognized Internet leader in the delivery of knowledge resources to professionals involved in managed care. MCOL business lines include: Membership-based services through Managed Care On-Line and Global Health Resources.Com; e-Commerce through the Managed Care Store; and Business e-Solutions. MCOL is based in Modesto, California, with additional offices in Portland, Oregon. For more information, please visit www.mcol.com/about.htm.
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