Emdeon Acquires eRx Network, LLC(is a premier provider to the U.S. pharma...),Health

Date:7/2/2009

is a premier provider to the U.S. pharmacy industry of a secure, reliable and performance oriented network for electronic transaction applications. eRx provides a number of productivity enhancing services including fast, secure switching of third party claims, eligibility services, value-proven pre- and post-editing, claims reconciliation, resubmission services, electronic prescribing solutions, Medicare/Medicaid DME billing, Medicare Flu billing, Medicare denial management services, and Medicare/Medicaid eligibility verification.

About Emdeon

Emdeon is a leading provider of revenue and payment cycle management solutions, connecting payers, providers and patients in the U.S. healthcare system. Our product and service offerings integrate and automate key business and administrative functions of our payer and provider customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of products and services, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle process. Emdeon is owned by General Atlantic LLC and Hellman & Friedman LLC. For more information, visit www.emdeon.com.

(1) The Medicare Improvements for Patients and Providers Act of 2008 (MIPPA) provides for a series of physician incentives and disincentives from 2009-2013 to accelerate ePrescribing. The American Recovery and Reinvestment Act of 2009 (ARRA) also provides significant grants and incentives for providers to implement electronic health records with ePrescribing functionality.

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