Claimsnet.com to Provide Services to a Specialty Pharmacy Company
March 24 2005 - 10:52AM
PR Newswire (US)
Claimsnet.com to Provide Services to a Specialty Pharmacy Company
DALLAS, March 24 /PRNewswire-FirstCall/ -- Claimsnet.com (OTC:CLAI)
(BULLETIN BOARD: CLAI) , a leading provider of Internet-based ASP
electronic claim processing solutions for the healthcare payer
industry, announced today that it has contracted to provide a
division of a Specialty Pharmacy Services company with full claims
clearinghouse functionality. This division provides pharmaceutical
and therapeutic services for plan participants with chronic or
genetic disorders. Claimsnet was selected after the division
researched the functionality of Claimsnet's web interface, as well
as the large payer list. The Claimsnet system is able to provide
electronic connection to payers not previously available to this
provider. "Our services will allow this customer to improve
efficiencies afforded by today's technology," commented Don
Crosbie, chief executive officer of Claimsnet. "Implementation is
in process and we expect the customer to be fully operational
soon." About Claimsnet.com -- Claimsnet 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/ . 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 business partners 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/
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