The Challenger Sale. Found inside – Page 146Yet medical faculties are probably more remote from their students than are most ... attributed to Flexner in his guide to modernizing medical education was ... They are part of Modernizing Medicine’s all-in-one suite of solutions that help address the clinical, operational, and financial aspects of specialty practices. This month we’re going to walk you through our top medical billing revenue cycle management (RCM) tips, from the past 11 months. The industry’s revenue was estimated at $13.64 billion in 2016. Found inside – Page 995Ewald las Internal Revenue Code of 1954 an - lacon * 31 : 1 . ... 5524 Manufacturing plants : tax credit for modernizing ( H.R. 3372 ) , 4017 McCracken ... How efficient is it as a tax, is it fair, and is it suitable for all countries? These are among the questions raised. This highly informative and well-researched book also looks at the likely future of the tax. BOCA RATON, Fla.--(BUSINESS WIRE)--Today, Modernizing Medicine ® announced its fastest Gastroenterology EHR yet with gGastro ® 5.0. Tweet. See insights on Modernizing Medicine including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Modernizing Medicine focuses on a variety of technology and service solutions for specialty medical practices including EHR, practice management, medical billing services and revenue cycle management. Mr. Boyd joins Modernizing Medicine from SAP Fieldglass, where he was a regional vice president of sales in the Americas at the cloud-based vendor management solution that automates the process of sourcing and managing external talent. We lacked uniformity and consistency by having separate billing and scheduling silos.” said Todd J. Duellman, MD, Wisconsin River Orthopaedic Institute. Modernizing Medicine Advantages: The software is easy to use and offers an intuitive user interface. By using Modernizing Medicine Gastroenterology, formerly gMed, for your gastroenterology medical billing and revenue cycle management, you can take advantage of our specialists, processes and technology to help you gain more control of your revenue cycle. There are many different approaches to setting fee schedules, some of which include: The modmed BOOST team continually monitors financial metrics and trends. Found inside – Page 73Updating the Internal Revenue Code to Help Small Business Stimulate the Economy ... Our products are used in industrial , aerospace , automotive and medical ... Search job openings at Modernizing Medicine. Modernizing Medicine® offers the data-driven, specialty-specific EHR system, EMA®, and healthcare IT suite including Practice Management, Business Operations Services, Analytics, Image Management, ASC electronic reports (for ophthalmology), modmed® Kiosk, patient portal, patient reminders and patient surveys, plus eVisits and Pathology (for dermatology practices). Modernizing Medicine® and its affiliated companies empower physicians with suites of mobile, specialty-specific solutions that transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. Modernizing Medicine is a cloud-based, specialty-specific EHR (electronic health record) system and IT suite which supports practice management, analytics, revenue cycle management, MIPS reporting, image management, a patient kiosk, a patient portal, patient reminders and patient surveys. It is classified as operating in the Custom Computer Programming & Software Development Services industry. Modernizing Medicine generates $100 million in annual revenue and has 550 employees. View Kinder Johal's business profile as Revenue Specialist at Modernizing Medicine. About Modernizing MedicineModernizing Medicine® and its affiliated companies empower physicians with suites of mobile, specialty-specific solutions that transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. This measurement can help you identify opportunities to adjust your fee schedules and ultimately collect what you’re owed. a report by the Medical Group Management Association (MGMA), Medical Group Management Association (MGMA), The American Academy of Family Physicians, Our Practice Management technology and Business Operation Services help your entire office run more efficiently. He previously was at ManpowerGroup in global solutions and sales. Working seamlessly with our, EHR system, modmed BOOST can help you solve billing challenges, put the right processes in place and gain more visibility over your entire, Experienced billing & operations specialists, See how modmed BOOST can help improve your, Looking Back at Our Top Medical Billing Revenue Cycle Tips, Office Visits Are Opportunities for Patient Collections, Prioritize Your Medical Billing Process with Outstanding Patient Claims, Transfer Patient Balances and Send Statements, Understand and Improve Your Net Collection Ratio, Certified medical coding and billing staff to review claims and correct errors, An integrated EHR and practice management solution that automatically suggests relevant ICD-10, CPT, and modifier codes, A practice management system that provides the flexibility to implement custom scrubbing rules for claims, Send out communications that speak to your no-show policy, Deliver appointment reminders by text, email, or an automated phone call, Flag frequent no-shows for additional patient communications. Financial disclosures: SuperVision Advisors: C,O. I truly enjoyed my time at Modernizing Medicine and would have stayed if saleries were more aligned with responsibilities. It also supports advanced filtering, providing detailed views of your medical billing revenue cycle. Modernizing Medicine, Inc. is located in Boca Raton, FL, United States and is part of the Software Publishers Industry. Modernizing Medicine Ranks #1 for Integrated Practice Management, Revenue Cycle Management and EHR in Surgical Specialties by Black Book Research for the 3rd Year in a Row By Business Wire - June 23, 2021 Modernizing Medicine delivers truly disruptive and transformative products and services that will impact the healthcare industry. Net collection ratio is one metric that is monitored and compared to industry standards. Modernizing Medicine is hiring a Revenue Cycle Management (RCM) Account Manager who will be responsible for managing and communicating … Our platforms are built for speed and efficiency. Now you can treat your patient while allowing our technology to document the entire experience. The percentage of medical claims processed by insurance the first time, without requiring any edits or corrections. Key differentiators & advantages of Modernizing Medicine. Compare Cerner Revenue Cycle Management vs. Modernizing Medicine today announced that its wholly-owned subsidiary, Modernizing Medicine Podiatry Systems, has acquired TRAKnet and other assets from … # of Unique Organization Evaluations: 0 - 5. Prior to joining Modernizing Medicine, he was Senior Vice President of Sales, Marketing and Operations for Dealertrack, a leading software as a service (SaaS) provider for the automotive and lending industries. That’s why it may be sensible to start with claims that are easier to submit and have a higher probability of getting paid. The Organization’s Mission To transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. Generate quotes for patients, whether cosmetic or insurance-based, with your practice’s branding. Boca Raton-based Modernizing Medicine is making big strides in this high growth market to become a Billion Dollar Unicorn club member. What is it? Here's what you should know: 1. Revenue: $100 to $500 million (USD) Competitors: UNKNOWN. During his tenure at SAP Fieldglass, Mr. Boyd built the U.S. sales organization and expanded the business internationally into the Latin American market. Modernizing Medicine. In addition to its 400 employees in Boca Raton, the company also has employees in California and Chile. The following exceptions refer to the number of unique organizations contributing evaluations to the overall score (minimum of 15 required). Modernizing Medicine is hiring an experienced and passionate Senior Product Manager to play a lead role in driving the end-to-end product strategy and roadmap for one or more of our medical specialty-Saas-based offerings. Founded in February 2010, Modernizing Medicine has grown to over 950 employees and has raised over $332M in total investment. Founders Daniel Cane, Michael Sherling. Modernizing Medicine will be at booth #1819 during exhibit hours on July 24-26, 2021 where the team will demo its solutions built by practicing ophthalmologists. L. 6 - 14. Modernizing Medicine USP: It provides specialty solutions, such as dermatologists with practice management tools, a central EHR system, and revenue cycle management services. This field is for validation purposes and should be left unchanged. Modernizing Medicine generates $144.9M in revenue; How much funding does Modernizing Medicine have? Modernizing Medicine Announces Brian Boyd as Chief Revenue Officer. It helps users with the use of modifiers and ICD-10 coding. Industry Health Care Equipment & Svcs. âBrian brings with him the perfect mix of entrepreneurial drive and proven success scaling up a sales organization from early stage to large enterprise,â said Joe Harpaz, president and COO at Modernizing Medicine. Modernizing Medicine, Inc. has 500 total employees across all of its locations and generates $118.47 million in sales (USD). Their specialty-specific, data-driven and cloud-based electronic health records (EHR) and practice management (PM) systems, plus revenue cycle Based on an exhaustive study of thousands of sales reps across multiple industries and geographies, The Challenger Sale argues that classic relationship building is a losing approach, especially when it comes to selling complex, large-scale business-to-business solutions. “Prior to implementing Practice Management, we used a separate PM platform that bridged to EMA. Boca Raton, Fla. — July 9, 2019 — Modernizing Medicine® is proud to announce the appointment of Brian Boyd as its new Chief Revenue Officer (CRO). In addition to insurance eligibility checks through the integrated practice management software, the modmed BOOST team provides patient statements, answers patient questions and processes payments. Modernizing … What is it? Modernizing Medicine’s Practice Management system can assist with communicating and enforcing your no-show policy – and help prevent missed appointments before they happen. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high … Found insideDesigned to help the clinician during day-to-day practice, the book emphasizes clinical management and focuses on the most common disorders and symptoms. To make sure your claims are 100% ready for submission, you’ll want to consider the following additional resources (if you haven’t already): Our Business Operations Services team uses Modernizing Medicine®‘s Practice Management system, which has a 98% first-pass claim acceptance rate, to help your practice manage claims processing and submission. Modernizing Medicine is a medium technology company with 550 employees and an annual revenue of $100.0M that is headquartered in Boca Raton, FL. The outstanding balance owed to your practice for billed services. Boca Raton, Fla. — July 9, 2019 — Modernizing Medicine ® is proud to announce the appointment of Brian Boyd as its new Chief Revenue Officer (CRO). Modernizing Medicine’s Offerings. Accounts receivable (A/R), is the outstanding amount owed to your practice for billed services. One of the metrics they track is payments as a percent of your charges. That’s why Modernizing Medicine ® created intuitive solutions to free EMA ® and gGastro ® EHR users from the burden of excessive typing and clicking. We can even help you speed up your revenue cycle, so you’re free to get back to what matters most of all—patient care. Location 3600 FAU Boulevard Suite 202, Boca Raton, Florida, United States. To help facilitate this, you can send out paper statements or invite your patients to log into the patient portal and view their bill online after the visit. Found insideThis book guides the reader to recognize such emergencies, helps to approach the initial phase of management, identifies the investigations, thus leading to a holistic management of the scene. Modernizing Medicine’s Practice Management software and Revenue Cycle Management solution, modmed ® BOOST, seamlessly integrate with Modernizing Medicine’s electronic health records system EMA ®. Those in the bottom 10 percent make under $32,000 a year, and the top 10 percent make over $126,000. Found inside – Page 11When taxpayers face serious financial hardship paying both their tax bills and other expenses , such as housing or medical bills , they can request relief . Modernizing Medicine is not transparent to their clients or employees. What’s to blame for holding up most claims? Our web and mobile applications are transforming healthcare information technology to increase practice efficiency and improve patient outcomes. Dr. Jason Sugar, Lead Gastroenterologist at Modernizing Medicine, joined us to discuss physician burnout: what is it, how do you prevent it, what are some of the symptoms along the way, and make sure you have practices in place to streamline your practice to make sure you are not burned out by the time you Extremely toxic place. Employee Resource Groups to help foster a diverse and inclusive workplace. 33431 • (561) 880-2998, © 2021 Modernizing Medicine • All Rights Reserved, Keeping an Eye Towards the Future of EHR Design, How the Right Technology Platform Can Support GI Practice Growth and Patient Experience, Learn How South Palm Orthopedics Saves Two Hours a Day and Increases Revenue by Using the Orthopedic EHR system, EMA®. 19,899 followers. Mr. Boyd brings over 20 years of leadership experience in the technology and services industries to now oversee Modernizing Medicine’s entire sales organization including sales, sales operations and business development teams. Our staff physicians help to develop products and services for dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, podiatry, urology practices and ambulatory surgery centers. Modernizing Medicine is a cloud-based, specialty-specific EHR (electronic health record) system and IT suite which supports practice management, analytics, revenue cycle management, MIPS reporting, image management, a patient kiosk, a patient portal, patient reminders and patient surveys. Ideally, you should analyze your collection backlog every week and do a more in-depth analysis of your A/R overall each month. Estimated delivery dates - opens in a new window or tab include seller's handling time, origin Postal Code, destination Postal Code and time of acceptance and will depend on shipping service selected and receipt of cleared payment - opens in a new window or tab.Delivery times may vary, especially during peak periods. The Modernizing Medicine family of companies also provides specialty-specific billing and inventory management, plus a gastroenterology platform consisting of an EMR system, Endoscopy Report Writer, practice management solution, patient portal, data analytics and revenue cycle management. BOCA RATON, Fla. – June 23, 2021 – Specialty-specific healthcare information technology leader Modernizing Medicine® today announced its #1 ranking by Black Book™ Research for the third year in a row for Integrated Practice Management, Revenue Cycle Management and Electronic Health Record (EHR) in Surgical Specialties. 1,189 were here. Modernizing Medicine is showcasing the award-winning modmed Orthopedics at booth #3825 during exhibit hours at the American Association … Modernizing Medicine’s revenue is $248 Million The modmed BOOST team can send out patient statements, as well as provide a hotline for your patients, to answer any questions and help them understand their payment options. Invest in this annual publication and get the insider's perspective into the CPT(R) code set directly from the source--the American Medical Association. In today's marketplace, if you don't focus on helping your customers realize the value of WHY they bought your product, then why would they ever stick around and become loyal customers?After reading this book, you'll be able to create a ... Rick Von Pusch is Chief Revenue Officer at Modernizing Medicine. Our all-in-one #orthopedic #EHR and practice management solutions help practices streamline operations and improve efficiency. Found inside – Page 42Here is the American Medical Association , which is a fine organization . They are nonprofit ; their income is not taxed ; and they have a journal into ... Found inside – Page 51Additionally , they note the need to attend to the unsustainable costs of the SMI trust fund : " Cost of the Medical Supplementary Medical Insurance Program ... Leadership is amazing and Dan Cane is a fantastic visionary! No matter what stage of practice you are in—from student to master surgeon—you will find that this book contains invaluable information for achieving success in orthopedics. Office Visits Are Opportunities for Patient Collections. Deloitte selected 2018 Technology Fast 500 winners based on their percentage of fiscal year revenue growth from 2014 to 2017.. 2. Modernizing Medicine’s Practice Management software and Revenue Cycle Management solution, modmed ® BOOST, seamlessly integrate with Modernizing Medicine’s electronic health records system EMA ®. Built for value-based healthcare, Modernizing Medicineâs data-driven, touch- and cloud-based products and services are programmed by a team that includes practicing physicians to meet the unique needs of dermatology, gastroenterology, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery and urology practices, as well as ambulatory surgery centers. Modernizing Medicine. The modmed BOOST team works with you and your staff to help improve your revenue cycle, while taking care of manual tasks so that you can spend more time with your patients. Find contact's direct phone number, email address, work history, and more. Modernizing Medicine’s Image Management solution connects with advanced imaging devices such as OCTs, visual fields, fundus cameras and more. We are thrilled to be recognized again as the top provider of end-to-end solutions that break down departmental silos and enable teams to work side-by-side.”. This is the future. Modernizing Medicine® and its affiliated companies are transforming how healthcare information is created, consumed and utilized in order to increase practice efficiency and improve patient outcomes. What is it? Then multiply that number by 100 to get the percent. Connect with Modernizing Medicine on our Blog, Facebook, LinkedIn and Twitter. Segment Position. Their flagship, powerhouse solution is called EMA (Electronic Medical Assistant). While ranked #1 overall, Modernizing Medicine earned the top spot for the following criteria: Strategic alignment to initiative: VBC, MIPS/MACRA, Scalability, client adaptability, flexible pricing, Best of brand software and services and process improvement. This field is for validation purposes and should be left unchanged. To calculate your net collection rate, divide the net sum of all payments by net charges over a specified period (like 90 or 120 days). Clinical Optimization. What is it? Connect with Modernizing Medicine via its blog, Facebook, LinkedIn, Twitter and Instagram. Headquarters Boca Raton, Florida. If your practice isn’t meeting the net collection ratio benchmark of 96%*, your billing department should take another look at: Modernizing Medicine’s integrated EHR and Practice Management system can simplify patient collection while analyzing your practice’s overall financial health. According to a report by the Medical Group Management Association (MGMA), the average no-show rate for most medical specialties is 5 percent. View Erik Peterson’s profile on LinkedIn, the world’s largest professional community. Erik has 6 jobs listed on their profile. Our Practice Management technology and Business Operation Services help your entire office run more efficiently. Modernizing Medicine offers modmed BOOST, to help address your practice's revenue cycle from before patients are seen until after their balances are paid. How much revenue does Modernizing Medicine generate? Industry benchmark: According to The American Academy of Family Physicians, the industry-standard is between 5 and 10% — less than 5% is ideal. However, some practices overlook this crucial step. Industry benchmark: MGMA reports that practices with a net collection ratio of 96-97% are effective at collecting charges, while a score of 95% or lower indicates room for improvement.*. Modernizing Medicine’s iPad and cloud based EHR system, EMA, is the cornerstone of a specialty-specific, comprehensive suite of products and services that also includes Practice Management, Revenue Cycle Management, Analytics and more. âJoining Modernizing Medicine at such a pivotal time for the healthcare industry is very exciting, and Iâm looking forward to becoming part of such a collaborative and robust team,â Mr. Boyd said about his new role. What is Modernizing Medicine’s Revenue? An office visit is an … At Modernizing Medicine, we look for passionate, innovative, creative Rock Stars! Founded 2010. 06/24/2021 Power Practice Performance with gGastro® 5.0 | Modernizing Medicine . The work we do makes a difference . In the insurance world, they’re called payers, and if you don’t abide by their rules, you might not get paid. Nothing is enjoyable if you have morals and want to do right by the company's clients and your fellow team members. Currently working as Head of Sales Acceleration at Modernizing Medicine in Florida, United States. Benchmarking Success: The Essential Guide for Medical Practice Managers. You can also prioritize and sort claims by: At Modernizing Medicine, our Practice Management system structures the data you’re looking for within dashboards, task lists or customized reports. The work we do makes a difference. Known for its progressive growth as a medical technology company, Modernizing Medicine is frequently recognized both nationally and regionally for its achievements under Daniel’s leadership. Modernizing Medicine. Modernizing Medicine cares about each and every person and encourages staff to seek out other departments to grow into. Modernizing Medicine today announced that its wholly-owned subsidiary, Modernizing Medicine Podiatry Systems, has acquired TRAKnet and other assets from podiatric electronic health records (EHR) vendor NEMO Health. Modernizing Medicineâs leadership team is comprised of top professionals with experience in the financial, operational, sales, and medical fields. South Florida Business Journal, Best Places to Work 2021; Inc. Magazine Best Workplaces of 2020 Sells an … For example, Modernizing Medicine’s Practice Management software can help you: When you outsource your billing and claims management process to our dedicated revenue cycle professionals, your staff will have more time to work with patients and enforce your policies. Modernizing Medicine products also include practice management, analytics, business operations, inventory management, and specialty care software. Found inside – Page 89He rea- soned that vaccinations could enhance revenues by increasing the total number ... the expedition as a means of modernizing medicine in the colonies. Modernizing Medicine is a member of CommonWell Health Alliance. Boca Raton, Fla. – May 2, 2016 – Modernizing Medicine, Inc., the creator of the Electronic Medical Assistant® (EMA™), a cloud-based, specialty-specific electronic health record (EHR) system, has named Rick Von Pusch as the company’s first Chief Revenue Officer.He will head all revenue-related activities overseeing the sales, marketing and business development teams. This book offers perspective and context for key decision points in structuring a CSOC, such as what capabilities to offer, how to architect large-scale data collection and analysis, and how to prepare the CSOC team for agile, threat-based ... Modernizing Medicine is a suite of electronic medical records (EMRs) and practice management solutions designed for healthcare organizations. ... Revenue Cycle Services. Found inside – Page 15414.5.6 Simplified Regulatory Standards The new Medical Device Regulation will come into effect in 2020. The two draft regulations are aimed at modernizing ... Modernizing Medicine, Inc., is a software company headquartered at the Boca Raton Innovation Campus in Boca Raton, Florida.The company was founded in 2010 by Daniel Cane, CEO and co-founder of Blackboard, Inc., and Dr. Michael Sherling, Chief Medical and Strategy Officer and practicing dermatologist.. MAILING: 4850 T-Rex Avenue, Suite 200, Boca Raton, FL 33431, LOCATION: 4700 Exchange Court, Suite 200, Boca Raton, FL. Mr. Boyd brings over 20 years of leadership experience in the technology and services industries to now oversee Modernizing Medicine’s entire sales organization including sales, sales operations and business … The companyâs flagship product, the electronic health record (EHR) system, EMA®, is used by over 14,000 providers across the U.S. and has received many awards for usability and innovation in specialty-specific healthcare technology. The average salary for a Revenue Cycle is $56,920 per year in United States , which is 23% higher than the average Modernizing Medicine salary of $46,215 per year for this job. With its revenue growing 264 percent over three years, Modernizing Medicine earned a spot on Deloitte's ranking of the fastest growing companies in North America.. Found inside – Page 45... that this is an efficient method of collecting government revenue. While user fees have generated substantial revenues (around Z$80 million in 1993 from ... On July 30-31, 2018, the National Academies of Sciences, Engineering, and Medicine held a workshop titled Continuous Manufacturing for the Modernization of Pharmaceutical Production. Health Insurance, 401 (k), Vacation, Employee Assistance Program, Flexible Spending Accounts. There are 6 companies in the Modernizing Medicine, Inc. corporate family. Modernizing Medicine was founded in 2010 by serial tech entrepreneur Dan Cane and Dr. Michael Sherling. As much as you’d like to focus on 100% of your outstanding claims, 100% of the time, most busy practices simply don’t have the bandwidth to do so. Modernizing Medicine is transforming healthcare through intelligent specialty-specific platforms that are intended to help our clients increase practice efficiency and focus on patient outcomes. What is it? Modernizing Medicine’s Practice Management software and Revenue Cycle Management solution, modmed® BOOST, seamlessly integrate with Modernizing Medicine’s electronic health records system EMA®. The acquisition brings together two of the healthcare industry’s leading, all-in-one orthopedic EHR vendors with a shared mission of increasing practice efficiency by transforming how healthcare information is created, consumed and utilized. To calculate it, divide your outstanding accounts receivable (A/R) by the average sales per day – over a month or more. Segment positions refer to the order in which this product is scored among competitors’ products within its market segment. Found inside – Page x... Presentation or teaching session for medical staff Her Majesties Revenue ... Defence Union Modernizing Medical Careers Member of the Royal College of. Matthew Dixon and Brent Adamson. Through our cloud-based, electronic health records (EHR) and Practice Management (PM) systems, and our Revenue Cycle Management (RCM) services, Modernizing Medicine helps … Modernizing Medicine’s Practice Management system can assist your front office staff with the patient collection process. Found insideModernizing VATs in Africa enables policymakers, professionals, and students to analyse African tax systems to ascertain how they can be modernized. Report this post. How does the salary as a Revenue Cycle at Modernizing Medicine compare with the base salary range for this job? The Modernizing Medicine family of companies also provides specialty-specific billing and inventory management, plus a gastroenterology platform consisting of an EMR system, Endoscopy Report Writer, practice management solution, patient portal, data analytics and revenue cycle management. Modernizing Medicine is a medium technology company with 550 employees and an annual revenue of $100.0M that is headquartered in Boca Raton, FL. Modernizing Medicine offers an integrated telehealth platform within its specialty-specific EHR system, EMA. Next generation of specialty-specific healthcare it solutions and technology company specializing in healthcare it that. Lacon * 31: 1 right metrics and developing a more in-depth analysis of A/R! Lead to denied claims billing questions to help our clients increase practice efficiency and improve patient outcomes detailed of... 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Through intelligent specialty-specific platforms that are intended to help our clients increase practice efficiency and patient! Lead to denied claims adjust your fee schedule at 2-3 times the Medicare rates providing detailed views of your.! By insurance the first time, without requiring any edits or corrections health Record ( EHR ) systems owed... You practice is at collecting charges for billed services Opportunities to adjust your fee schedules and ultimately collect what ’! Checkout, scheduling and document management field is for validation purposes and be! Was estimated at $ 13.64 billion in revenue each year, up to 80 % medical! Staff Her Majesties revenue... Defence Union Modernizing medical Careers member of the College. Provide revenue, financials modernizing medicine revenue executives, subsidiaries and more the following exceptions refer to the score.
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