Claimsnet Announces Contract with a Comprehensive Health Care Network
August 21 2006 - 12:01PM
PR Newswire (US)
DALLAS, Aug. 21 /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 Comprehensive Health
Care Network based in Wisconsin has implemented Claimsnet's systems
and services. This network includes one of the nation's largest
multi-specialty group medical practices, regional community
clinics, hospitals, nursing homes, home care, behavioral health
services, vision centers, pharmacies, and air and ground
ambulances. It is comprised of more than 500 medical, dental and
associate staff that are supported by a staff of over 5,000 and
includes a tertiary referral center and a teaching hospital with
325 beds and a Level II Trauma and Emergency Center. Claimsnet
services have focused on electronic claims submission and
electronic remittance advice (ERA) transactions. "We are very
pleased with this new Wisconsin customer relationship," commented
Don Crosbie, Chief Executive Officer of Claimsnet. "With the
incorporation of payer specific edits and database look ups,
Claimsnet is providing state of the art EDI claims processing
services and ERA services. The implementation is already completed
and the customer is enjoying the benefits provided by the system."
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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