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Richmond, Va.
and Franklin, Tenn. (January 10, 2005) —
Payerpath Inc., a leading provider of Internet-based financial transaction
solutions for healthcare providers, hospitals and payers, and Passport Health
Communications, Inc.®, a leading healthcare information technology company,
today announced that Payerpath will assume responsibility for providing claims
submission services to Passport’s ClaimSource clients.
“Our goals revolve around providing state-of-the-art technology and information
solutions that improve a healthcare provider’s revenue cycle,“ said Keith Ely,
President for Passport Health. “Through our ongoing product development reviews,
as well as feedback from clients and prospects, we identified significant growth
potential in other areas of our core business, which created the need for
greater focus and resources. We felt it was critical, however, that we continue
to provide a long-term claims management solution to our existing clients.”
“We chose Payerpath because we truly feel they are the best claims management
partner for our clients,” Ely added.
Payerpath’s suite of Internet-based claims management products and services
focus on each step of the revenue cycle. The company’s flagship product,
Payerpath Claims Management, offers providers an easy-to-use, secure method for
electronically submitting claims to payer organizations. Payerpath’s other
products and services include address eligibility verification, remittance
posting, secondary billing and claims status.
“Passport Health has been a competitor for many years and we are honored that
they selected us as the claims management partner for their customers,” said Jim
Brady, CEO and president for Payerpath. “We are excited about having the
opportunity to serve the Passport Health customer base, and look forward to
meeting their claims management needs with our comprehensive solution.”
All existing ClaimSource users will be granted a transition period. In the
interim, Passport will continue to operate the ClaimSource solution and provide
customer support.
About
Payerpath
Payerpath is a provider of Internet-based financial management software
applications and related services for healthcare providers, hospitals and
payers. The company’s comprehensive suite of applications, led by Payerpath
Claims Management, address all steps in the reimbursement cycle—from verifying
patient eligibility and correcting inaccurate claims to managing remittance and
generating secondary billing. Consequently, providers are able to reduce
administrative costs and eliminate payment delays for healthcare services
resulting from claims denials. For more information, visit www.payerpath.com.
About
Passport Health Communications
Passport Health Communications, Inc., headquartered in Franklin, TN is a
national healthcare technology and information solutions provider. We connect
our customers – 1,200+ hospitals, 1,500+ physician clinics and outpatient
centers – with real-time access to payer and patient information to facilitate
and improve their revenue cycle process. We are committed to providing quality
data through innovative technology and information solutions and unsurpassed
customer support.
Passport has been named as one of Healthcare Informatics Top 100 Healthcare
Companies by Revenue and Inc. 500’s (ranked 120th) Fastest Growing Private
Companies. For more information regarding Passport Health Communications and its
services, please visit us at www.passporthealth.com.
Contact:
For Payerpath
Brian Parrish
770-998-0500, ext. 226
bparrish@dodgecommunications.com
For Passport
Jennifer LeMieux
615-261-2603
jennifer.lemieux@passporthealth.com
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