Claimsnet Announces New Contract With Physician Directed Health Maintenance Organization
November 11 2003 - 3:00PM
PR Newswire (US)
Claimsnet Announces New Contract With Physician Directed Health
Maintenance Organization DALLAS, Nov. 11 /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 well established Health
Maintenance Organization (HMO) in Florida has elected to use
Claimsnet's system and services. This HMO, founded in 1982, is a
non-profit physician directed HMO that has consistently ranked in
the top ten plans in the national for member satisfaction. In
addition it has specialized in offering small business health
plans, and currently provides benefits to employees of more than
2500 small businesses in its service area. The company will use
Claimsnet's Internet-based system and clearinghouse services to
easily and accurately allow submission of health insurance claims
from the wide array of providers throughout their network. "We are
very pleased to be working with this HMO. Their requirements called
for an innovative, proven solution and we were able to meet 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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