Claimsnet.com and A&G Healthcare Services Form Strategic Alliance; Partnership Will Provide Internet-Based Claims Clearinghouse
November 13 2003 - 11:00AM
PR Newswire (US)
Claimsnet.com and A&G Healthcare Services Form Strategic
Alliance; Partnership Will Provide Internet-Based Claims
Clearinghouse Services DALLAS, Nov. 13 /PRNewswire-FirstCall/ --
Claimsnet.com inc. (BULLETIN BOARD: CLAI) , a leading provider of
Internet-based business-to- business solutions for the healthcare
industry, and A&G Healthcare Services announced today they have
formed a strategic alliance that will provide A & G Healthcare
Services clients with Internet based, rapid claims clearing house
services. The A&G Healthcare Services I-Trex process will
re-price healthcare claims. Claimsnet offers a highly secure
connection and scalable Internet architecture that speeds
deployment and minimizes expenses associated with claims submission
and claims payment. Internet claims submission helps providers by
reducing the traditional lag time between claims submission and
payer acceptance, and assists payors by minimizing manual data
entry, scanning, and claims editing. "We are pleased to be
partnering with A&G," stated Don Crosbie, Chief Executive
Officer of Claimsnet. "We pioneered claims processing via the
Internet, so I know that A&G clients will experience speeded
claims processing and save significant dollars at the same time,"
Mr. Crosbie continued. About Claimsnet Claimsnet.com inc. 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/ .
About A&G Healthcare Services A&G Healthcare Services,
headquartered in Plano, TX, is a medical cost containment company
serving more than 600 payor organizations by providing re-pricing
and fee negotiation services for claims that have been determined
to be out-of-area or network. A&G has served the healthcare
payor market for over eight years. For more information, please
call (972) 312-8589 or visit http://www.aghealth123.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/ http://www.aghealth123.com/
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