HOUSTON, Dec. 12 /PRNewswire/ -- Global Healthcare Alliance, Inc. is pleased to announce that it was presented with two prestigious 2005 TETHIE Awards, first place for "Technology for Improvement of Claims Processing" and best of show for "Technology of the Year." The awards were presented December 8, 2005 in Washington, D.C. at the Emerging Technologies and Healthcare Innovations Congress.
Global's System (MSO) and System (HMO) were jointly recognized as premier software solutions with the functionality that spans the entire healthcare transaction. Global has integrated software, hardware, and a web-based ASP solution to advance electronic claims processing for providers and payers respectively.
System (MSO) was honored for its intelligent built-in claims scrubbing engine that validates fields, coding, and prepayment rules before claims are billed, resulting in a first pass claim rate of 98.6 percent, surpassing the industry standard of 60 percent to 90 percent. System (HMO) likewise received distinguished recognition by addressing all areas of cost, speed of processing, and volume of transactions with a proven 50 percent reduction in claims staff processing through its built-in rules based claims scrubbing engine that re-prices or auto adjudicates claims without manual intervention.
"We are extremely pleased to be honored with the two TETHIE Awards," said John Adams, President and CEO of Global Healthcare Alliance, Inc. "Not only were we recognized for our achievements in 'Technology for Improvement of Claims Processing,' but also as 'Technology of the Year' which spans all categories of nominations including clinical systems." Mr. Adams continued by stating, "System (MSO) and System (HMO) were singled out as the technology that demonstrates the highest potential impact on the delivery of healthcare in the future, and we are proud of this accomplishment. This recognition underscores Global's commitment to providing our customers with a unique solution that leverages the best of today's technology and delivers with proven results."
Mr. Mark Anderson, Chief Executive Officer of AC Group, Inc and TETHIE judge for the past three years, commented, "Global not only provides a great product, but an entire 'solution' to the issues facing HMO's, MSO's, and physician practices today. Their product is designed for the future needs of these organizations, thus allowing the organizations to expand at a lower cost of ownership than other similar products in the marketplace."
Global's System Solutions, System (MSO) and System (HMO), integrate with Microsoft's BizTalk Server 2004/HIPAA 3.0 Accelerator to facilitate the processing of all federally mandated health care transactions allowing the Continuity of Care of health records, enabling system standards of business to business interfaces, and the capacity to bypass clearinghouses thereby reducing transaction costs. Global Healthcare Alliance, Inc. is honored to be a dual recipient of the 2005 TETHIE Awards in recognition of their continued commitment to improve claims processing for the healthcare industry.
About the TETHIE Awards
The TETHIE Awards recognizes those companies, non-profits, organizations, foundations, government agencies and academic entities for their excellence and advancement in implementing innovative clinical and health IT technologies that expedite delivery and improve patient care, safety and costs. For more information about the TETHIE Awards visit www.tethic.com .
About Global
Global has more than 20 years experience in medical billing, practice management, claims processing, managed care, reporting, and information technology. Global is a licensed TPA with nationwide experience. Global developed a proprietary state-of-the-art, ASP software, housed in a Tier 1 Data Center, which it uses to perform all services with clients.
Throughout the years, Global has functioned as both a provider and payer and offers business process outsourcing and sophisticated technology solutions to a wide array of clients, including physician practices, MSOs, IPAs, HMOs, and TPAs.
For more information about Global Healthcare Alliance visit www.globalhca.com . For specific questions regarding any of the System or Outsourcing Solutions call (800) 457-9269, e-mail info@globalhca.com or visit www.globalhca.com
Contact: DeAnna Vargas Marketing Manager Global Healthcare Alliance, Inc. 713.799.0457 dvargas@globalhca.com
Global Healthcare Alliance, Inc.CONTACT: DeAnna Vargas, Marketing Manager of Global Healthcare Alliance,Inc., +1-713-799-0457, or dvargas@globalhca.com
