Innovative Physicians Solutions to provide e-DOCS. net members with Receivables Financing and Patient Self-pay funding

Innovative Physicians Solutions to provide e-DOCS. net members with Receivables Financing and Patient Self-pay funding.



(PRWEB) June 23, 2000



Thursday, June 15, 2000– Houston, Texas - Innovative Physicians Solutions announces today that it has executed an agreement with e-DOCS. net effective June 15, 2000, to provide e-DOCS members with Receivables and Patient Self-pay financing.



E-DOCS. net is the industry technology leader of internet based healthcare information services. The company was first introduced in the marketplace in 1994 as the developer of the VoiceCOMMANDER speech recognition software line of products. VoiceCOMMANDER was one of the first office suites utilizing speech recognition as a cost and labor saving desktop tool for computer users. Four versions of VoiceCOMMANDER were released prior to the companyÂ’s decision to focus on the healthcare market.



The Company, formerly known as Applied Voice Recognition, Inc. has adopted the name e-DOCS. net (e-DOCS) to reflect their focus on e-Documents for e-Doctors. The company began itÂ’s new product initiative in the fourth quarter of 1997 to serve the medical transcription industry. e-DOCS. net, the Medical e-Services Company, is aiding physicians, administrators and transcriptionists in the transition to 21st century healthcare information practices. The company is publicly traded (EDOC-OB). e-DOCS is endorsed by the A. M.A. and is strategically partnered with Intel Corporation. More information about e_DOCS can be found on their website at www. e-docs. net.



Innovative Physicians Solutions (IPS) will have an icon on the e-DOCS. net main page, providing a direct link to the IPS website, where e-DOCS members can learn more about IPS’s financial services and begin the applicaton process. “This is a tremendous opportunity for both companies,” remarked both company CEO’s. Tim Connolly, Chairman of e-DOCS. net, stated "We are extremely pleased to offer the IPS financial services to our members." e-DOCS currently services a base of 1,200 physicians, and expects to reach 5,000 physicians within the next 12 months.



IPS will have exclusive rights to offer Medical Receivables Financing and the Financing of Self Pay Patients for all e_DOCS members. Innovative Physicians Services provides financial and consulting services to all forms of healthcare providers, including physicians, clinics, labs, hospitals, and billing services. For more information about IPS, visit www. financing4healthcare. com.

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