NORWALK, Conn., Dec. 6 /PRNewswire/ -- IntelliClaim, a leading provider of healthcare claims performance enhancement solutions, today announced that it has formed an alliance with Healthaxis, Inc. , a leading technology enhanced provider of fully integrated business process outsourcing claims and administration solutions and services, based in Irving, Texas. The agreement allows both companies to provide clients with a more robust suite of solutions to help control the rising cost of healthcare claims.
“The combination of both companies’ technology and industry expertise will add significant value to our mutual clients’ claims performance initiatives,” said Kathleen Connolly, President of IntelliClaim. “Healthaxis has industry-proven services and processes that integrate well with IntelliClaim’s philosophy of bringing high quality solutions to health plans and other benefit administrators,” she added.
The companies will begin collaborating immediately on their sales and marketing efforts and on integrating IntelliClaim’s solutions into Healthaxis’ Claims Administration Services, starting with IntelliClaim’s Enhanced Claims Editing service. Both companies anticipate that this will enable a higher percentage of claims to be auto adjudicated while enhancing the effectiveness of claim review. This is expected to result in significant reduction in claims processing costs for Healthaxis’ clients, improvements in the accuracy and consistency of payments, and reductions in erroneous claim payments.
Healthaxis Chairman and CEO Jamie McLane said, “Partnering with IntelliClaim supports a continual effort by Healthaxis to seek best-in-class solution partners whose services bring added value to the customer immediately. The integration of Healthaxis products with IntelliClaim services provides us another way in which payers can increase their medical cost savings and significantly reduce the total cost of claims processing.”
About IntelliClaim
IntelliClaim delivers claims performance solutions that combine proprietary technology with deep subject-matter knowledge for the healthcare payor industry. IntelliClaim offers payors sophisticated and effective cost containment solutions that optimize claim processing performance and produce immediate medical and administrative savings. IntelliClaim reviews over $24 billion in healthcare claim decisions annually for healthcare payor organizations, covering 20 million lives, including some of the country’s largest health plans.
About Healthaxis
Healthaxis is a leading provider of fully integrated business process outsourcing and claims administration technology solutions; specializing in mailroom outsourcing, scanning, imaging, data capture, data conversion through OCR, repricing for primary and secondary networks and PPO Routing services. Healthaxis’ technology enhanced solutions include a HIPAA compliant ASP claims administration software model, PPO cleanup and maintenance tools, and a suite of self service web enabled products targeting health benefit administrators and health insurance claims processors for the mid to large tier payer market. For information on Healthaxis products and services, call (800) 519-0679 or visit http://www.healthaxis.com/. For investor information, call (972) 458-8000.
Forward-looking statements:
Statements that are not purely historical facts, constitute forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1934, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those contemplated by the forward-looking statements. Such factors include without limitation the risks and uncertainties identified in our documents filed with, or furnished to, the Securities and Exchange Commission, including those identified under the caption “Business-Risk Factors” in Healthaxis’ most recently filed Form 10-K. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on forward- looking statements.
IntelliClaim
CONTACT: Mark Isbitts of IntelliClaim, +1-203-750-5159,misbitts@intelliclaim.com
Web site: http://www.healthaxis.com/