Claimsnet.com and PLEXIS Healthcare Systems Form Strategic Alliance; Partnership Will Reduce Costs and Speed Claims Processing
October 28 2003 - 6:25PM
PR Newswire (US)
Claimsnet.com and PLEXIS Healthcare Systems Form Strategic
Alliance; Partnership Will Reduce Costs and Speed Claims Processing
DALLAS, Oct. 28 /PRNewswire-FirstCall/ -- Claimsnet.com inc.
(BULLETIN BOARD: CLAI) , a leading provider of Internet-based
business-to- business solutions for the healthcare industry, and
PLEXIS Healthcare Systems announced today they have formed a
strategic alliance that will reduce costs and speed claims
processing for clients. Claimsnet will provide PLEXIS Healthcare
Systems with Internet-based ASP clearinghouse services. The
partnership will offer PLEXIS' clients an option for expedited
Internet-based claims processing. The Claimsnet clearinghouse will
provide rapid claims clearing, while the PLEXIS Claims Manager will
provide accurate and automatic claims adjudication, referral
authorizations, benefit administration, and contract management,
while helping clients meet governmental regulations. Claimsnet
offers a highly secure connection and scalable Internet
architecture that speeds deployment and minimizes expenses
associated with claims submission and claims payment. Internet
claims submission improves billing and collections by eliminating
the traditional lag time between claims submission and payer
acceptance. "We are pleased to be partnering with PLEXIS," stated
Don Crosbie, Chief Executive Officer of Claimsnet. "We pioneered
claims processing via the Internet, so I know that PLEXIS clients
will experience speeded claims processing and save significant
dollars at the same time," Mr. Crosbie continued. "We are very
pleased to offer this option to our clients," said Jorge Yant,
President and CEO of PLEXIS Healthcare Systems. "Internet clearing
further speeds our already rapid claims processing, and any time
you can hasten the reimbursement process, you are enhancing a
client's cash flow," Mr. Yant added. About Claimsnet Claimsnet.com
inc. is a leading provider of Internet-based claim processing
solutions for the healthcare payer industry, including distinctive,
advanced ASP technology. Headquartered in Dallas, Claimsnet offers
systems that are distinguished by ease of use, customer care,
security and measurable cost advantages. More information on
Claimsnet can be found at the Company's web site at
http://www.claimsnet.com/ . About PLEXIS Healthcare Systems PLEXIS
Healthcare Systems is a leading payer solutions and claims
processing technology company based in Ashland, Oregon. They are
one of the fastest growing claims processing companies in the
healthcare marketplace and have been developing high-end payer
solutions since 1996. PLEXIS Healthcare Systems' claims processing
tools employ the very latest Microsoft technology and are highly
rated by independent healthcare consultants. Their payer solutions
enable healthcare organizations to reduce costs, streamline and
automate their claims payment and medical case management
requirements, increase profitability, enhance customer satisfaction
and expand market share, while helping them meet governmental
regulations. For more information, please call toll free (877)
475-3947. Safe Harbor Statement Under the Private Securities
Litigation Act 1995 - With the exception of historical information,
the matters discussed in this press release are forward looking
statements that involve a number of risks and uncertainties. The
actual future results of the company could differ significantly
from those statements. Factors that could cause or contribute to
such differences include, but are not limited to, maintaining
access to external sources of capital, regulatory actions, success
of marketing strategies, actions of the Company's competitors,
dependence on suppliers and distribution channels, and continued
use of the Internet. Further information on the Company's risk
factors is contained in the Company's quarterly, annual, and other
periodic reports as filed with the Securities and Exchange
Commission. DATASOURCE: Claimsnet.com inc. CONTACT: Don Crosbie of
Claimsnet.com inc., +1-972-458-1701, ext. 112, or Web site:
http://www.claimsnet.com/
Copyright