SUMMIT, N.J. & HOUSTON--(BUSINESS WIRE)--April 20, 2005--Premier Healthcare Exchange, Inc. (PHX) (www.phx-online.com) and Patriot Managed Care Solutions, Inc. (Patriot) (www.patriotmcs.com) announced a strategic partnership that provides Patriot clients access to the “Single Source Solution” offered through PHX. Patriot, a full-service Application Service Provider (ASP), has developed an electronic interface that enables clients to transmit claim data directly to PHX through a single extract. PHX, through its Out-of-Network Fee Negotiation service, re-prices the claim data utilizing its proprietary software and trained staff members. The Patriot system then re-imports the claim data and automatically adjusts and updates the appropriate claim records. In addition, Patriot clients will now have access to the following integrated cost control services:
