PHILADELPHIA, May 3 /PRNewswire/ -- FMG Technologies (FMG), a leader in innovative Provider Network Operations solutions, announced today that Independence Blue Cross of Philadelphia, PA, (IBC) has selected FMG to provide technology solutions that will continue IBC’s drive to excellence across their Provider Network Operations - the data, systems, business processes and functions that relate to providers and use provider data. This selection is contingent on the final execution of a contract.
“IBC is committed to delivering the highest quality care that is as affordable as possible for our members. We continually look for opportunities to align our healthcare operations with this commitment,” stated John A. Daddis, Senior Vice President. “We identified opportunities to improve our Provider Network Operations and found in FMG a partner with the expertise, demonstrated technology products and implementation experience needed to help us insure the quality of our provider data and control the costs of meeting the growing information demands of providers, members, regulators and internal users,” Daddis concluded.
IBC plans to implement Portico(TM), FMG’s flagship database platform and supporting application modules, to integrate the many functions that comprise its Provider Network Operations and provide secure, on-demand access to accurate provider data. As a provider data management tool, Portico(TM) will help IBC reduce administrative costs, improve provider and member services, and efficiently meet future compliance requirements such as the National Provider Identifier (NPI), mandated by the Health Insurance Portability and Accountability Act of 1996 (HIPAA).
“We are very pleased that IBC has turned to FMG’s products and services to improve its Provider Network Operations,” shared Ned Moore, Chief Financial and Operating Officer of FMG Technologies. “Our Portico-based solutions help healthcare payers transition this critical area from a cost drain to a value add. We are confident that our work with IBC will enable them to achieve the business return they expect,” closed Moore.
About Independence Blue Cross:
Independence Blue Cross is the leading health insurer in Southeastern Pennsylvania, providing coverage to nearly 2.9 million people in Pennsylvania. Including subsidiaries, IBC has more than 3.5 million members.
About FMG:
FMG Technologies is a leader in Provider Network Operations solutions that help payers drive down administrative costs while increasing their ability to meet the growing information demands of internal and external clients. Its flagship platform Portico(TM) exemplifies FMG’s proven experience applying open-architecture technologies and integration services to the functional and cross-functional business processes that rely upon provider data. By establishing a centralized repository for provider data that supports workflows and applications across Provider Relations, Credentialing, Contracting, Claims and other functions that require provider data, Portico(TM) eliminates duplication of effort and data integrity challenges typical of most payer organizations. Through Portico’s Web Services platform, payer stakeholders ranging from providers, members, and regulators to marketing and sales, can be provided real-time, secure access to the information they need to be effective. For more information about FMG Technologies, please contact us at 610.629.1000 or visit our website at http://www.fmgtech.com/.
FMG Technologies
CONTACT: Amy Ford, FMG Technologies, +1-610-629-1000, +1-610-629-0720,aford@fmgtech.com
Web site: http://www.fmgtech.com/