Claimsnet Announces New Contract With a Medicaid HMO
April 06 2006 - 5:13PM
PR Newswire (US)
DALLAS, April 6 /PRNewswire-FirstCall/ -- Claimsnet.com inc.
(OTC:CLAI) (BULLETIN BOARD: CLAI) , a leading provider of
Internet-based ASP electronic claim processing solutions for the
healthcare industry, announced today that a Medicaid HMO (Health
Maintenance Organization) based in Wisconsin has elected to use
Claimsnet's system and services. This well established HMO manages
access to health care and social services for people with
disabilities (physical, developmental and emotional) ages 19 and
older. It covers medical, dental, behavioral health, vision,
prescription drugs, and social services through a unique care
management model. Their mission is to improve the quality of life
for individuals with unique and complex medical, behavioral, and
human service needs while respecting the dignity of those they
serve. "We are very pleased with this new relationship," commented
Don Crosbie, chief executive officer of Claimsnet. "The
implementation is now complete and we are moving rapidly to
increase the volume of electronic claims submission from the HMO's
network of health care providers." About Claimsnet.com -- Claimsnet
is a leading provider of Internet-based, business-to-business
solutions for the healthcare industry, including distinctive,
advanced ASP technology for online healthcare transaction
processing. 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 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/
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