DALLAS, July 6 /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 Michigan has elected to use Claimsnet’s system and services.
This HMO is a for-profit organization serving 25,000 members in the Detroit area. The network consists of physicians, hospitals, and ancillary and pharmacy services offering round the clock health care services to its members. Emergency services are covered in and out of their 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 mid-west based 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.
Claimsnet.com inc.
CONTACT: Don Crosbie of Claimsnet.com inc., +1-972-458-1701 Ext. 112, ordcrosbie@claimsnet.com
Web site: http://www.claimsnet.com/
