PaperFree increases profit margins fourfold

KOKOMO, Ind. PaperFree Medical Solutions has made several upgrades in the new year that have already begun to have a positive effect on revenue, shareholder revenue and customer benefit. The efforts have improved profit margins by over 400 percent compared to end of year fiscal 2007.

“Our continuous improvement in technology, processes, and developing practice improvement products is paying off,” said Craig Barrow, chairman of the board of directors. “The results of what we have already done in our proprietary billing, medical management and logic development already show signs of increased client satisfaction and increased revenue to their practices. We now project our year end collections on clients, after adjustment, to reach 92 percent across our customer-base.”

The company offers software and hardware solutions to health care professionals. The company offers software solutions, which encompass electronic medical records and practice management.