Fairview Health Services expands use of ProVation MD software for GI documentation from two to four medical facilities

ProVation Announces Expansion Plans to match Hospital & ASC Market Growth

MINNEAPOLIS, MN, October 22, 2004 – ProVation® Medical announced today that Fairview Health Services, a leading integrated health network (IHN), selected ProVation® MD software for Gastroenterology procedure documentation and coding compliance in its Fairview Ridges Hospital and Fairview Lakes Regional Medical Center facilities. The software is already in use at Fairview Southdale Hospital and Fairview-University Medical Center. On the heels of this major deal, ProVation also announced expansion plans to meet robust growth in the healthcare IT marketplace.

“Fairview Health Services has demonstrated a commitment to advancing patient care and safety, streamlining workflows and reducing administrative costs through electronic documentation,” according to Mark Wagner, President and CEO, ProVation Medical. “Their decision to double the number of Fairview facilities that use ProVation is proof that our software, which offers point of care procedure documentation and coding, is aligned with the key enterprise initiatives of hospitals, health systems and ASCs across the country.”

In conjunction with the Fairview Health Services deal, ProVation also announced it will be adding sales and service personnel, product managers and software engineers in line with its strategy to continually enhance and serve clients using its current specialty offerings (Gastroenterology, Pulmonology, Orthopedics, Pain Management, Urology, Nursing) while adding new specialty offerings (Cardiology, General Surgery, Interventional Radiology, others) in 2005 to its multi-specialty procedure documentation platform, a key feeder into hospitals’ and ambulatory surgery centers’ electronic medical record (EMR) and billing systems.

"ProVation’s growth now warrants additional resources to serve new and existing clients,” said Wagner. “With healthcare IT spending projected to increase significantly in the next five years, driven by productivity needs and federal government stimulus, we are positioning to succeed in our increasingly demanding hospital and ASC markets.”

About Fairview Health Services
Fairview Health Services is an integrated health care system providing care from prevention and disease management to the most complex of life-threatening injuries and illnesses as well as senior care and end-of-life services. Fairview, the University of Minnesota Academic Health Center and the University of Minnesota Physicians partner to educate and train two-thirds of Minnesota’s health care professionals and provide medical services to citizens from across the state. A leader in health care delivery, Fairview ranks 19th in Modern Healthcare and Verispan’s 2004 IHN 100 ranking of 586 systems nationwide.

About ProVation Medical, Inc.
ProVation Medical, Inc. (Minneapolis, MN), a leading healthcare software and services company, provides solutions that significantly enhance revenue and decrease costs per medical procedure. Hospitals and Ambulatory Surgery Centers that use ProVation Medical software (1) improve their coding accuracy resulting in a 5-25 percent improvement in reimbursement for their medical procedures, (2) eliminate transcription costs, and (3) consolidate and simplify all the major financial, clinical and administrative tasks that accompany each procedure. ProVation MD/RN software replaces inefficient dictation/transcription processes, producing complete, billing-ready, image- and diagram-enhanced documentation for multi-specialty clinical procedures. Through an innovative “Anticipatory Interface®”, the software links deep medical content designed by ProVation’s in-house 12-member physician and coding staff to compliant CPT/ICD/CCI-edit reimbursement codes, producing a comprehensive operative note. The result is coder-ready documentation delivering compliance, proper reimbursement, and shortened days in Accounts Receivable with an ROI ranging from 25-200% and payback within 12-20 months. For more information, go to www.provationmedical.com.

For more information contact:
Laura Gilbert
ProVation® Medical, Inc.
612.313.1506
laura.gilbert@provationmedical.com