Claimsnet Announces New Contract With an Integrated Health Delivery System
July 13 2004 - 11:00AM
PR Newswire (US)
Claimsnet Announces New Contract With an Integrated Health Delivery
System DALLAS, July 13 /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 well established
Integrated Health Delivery System based in Ohio has elected to use
Claimsnet's system and services. This system, created as a
partnership between hospitals, physicians and the community it
serves, offers comprehensive services at more than 50 convenient
locations in its area of service. It includes two hospitals and
physician office buildings in addition to fitness, rehabilitation,
occupational health and outpatient services. It also provides
services in the home and workplace and has received national
recognition for several of its specialty services. 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 health system. Their
requirements called for an integrated and proven solution and we
were able to meet their needs," commented Don Crosbie, chief
executive officer of Claimsnet. "Implementation is 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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