Claimsnet Announces New Contract With Leading Provider of Custom Network Operations and TPA Services
November 05 2003 - 3:15PM
PR Newswire (US)
Claimsnet Announces New Contract With Leading Provider of Custom
Network Operations and TPA Services DALLAS, Nov. 5
/PRNewswire-FirstCall/ -- Claimsnet.com inc. (BULLETIN BOARD: CLAI)
, a leading provider of Internet-based ASP electronic claim
processing solutions for the healthcare industry, announced today
that a leading provider of custom network operations and TPA
services has elected to use Claimsnet's system and services. This
company, headquartered in Illinois, provides specialty provider
networks for 250,000 lives throughout the Midwest and Southern
California, and has developed state of the art systems and
administrative technologies for their marketplace. They are a next
generation health care system, offering a unique blend of
conventional TPA and PPO services that deliver maximum value,
streamlined response, enhanced savings and improved outcomes to
clients and their customers. The company will use Claimsnet's
Internet-based system and clearinghouse services to easily and
accurately allow submission of health insurance claims from a wide
array of providers throughout their network. "We are very pleased
to be working with this provider of health care services. Their
requirements called for a powerful, flexible and cost- effective
solution and we were able to accommodate their needs," commented
Don Crosbie, chief executive officer of Claimsnet. "Implementation
is now in process and the client should be fully operational soon."
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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