Business Description MEDGRUP CORP (CODX) provides coding and consulting service for hospitals and other healthcare providers located in the United States. Under existing Federal and state requirements, these providers must submit billings for Medicare and Medicaid reimbursement in a coded format. The Company maintains a staff of highly qualified individuals to satisfy these coding requirements and help the providers operate more efficiently and profitably. Most of their service is provided off the premises of the providers, although they often maintain personnel at the providers’ location to facilitate their service. The Company license the computer software used in connection with their coding service from an independent third party and modify it to be used in their business.
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