Level 3 Solutions Enable Faster Medical Claims Processing and Payment
BROOMFIELD, Colo., March 11 /PRNewswire-FirstCall/ -- Level 3 Communications, Inc. (Nasdaq: LVLT) today announced that it has been selected by MDI Holdings, Inc., a leading healthcare management services company, to provide that company's primary network connectivity solutions.
Under the terms of the multi-year agreement, Level 3 will deliver direct Internet access and voice services to MDI Holdings via an Internet protocol virtual private network solution with direct connections to and among the company's five primary locations across the United States: Ponte Vedra, Fla.; Lake Mary, Fla.; Ontario, Calif.; Sacramento, Calif.; and Fort Worth, Texas.
"Reliable and redundant underlying network connectivity is critical to our business," said Jason Green, chief information officer for MDI Holdings, Inc. "Level 3's end-to-end connectivity, highly reliable Internet access service, and scalable IPVPN solutions enable us to provide our customers the most advanced, accurate and effective data analysis and reporting tools available in the healthcare management systems market today."
MDI Holdings is a healthcare management services and technology company that provides a range of healthcare services to its customers, including custom provider network development, healthcare appointment scheduling and confirmation, medical claims processing and adjudication, prompt and accurate provider payment, and healthcare claims auditing.
"Level 3 is providing MDI Holdings with the network quality assurance they need to provide secure and reliable healthcare services," said Jeff Tench, president of Level 3's Business Markets Group. "Level 3 leverages our scalable network and comprehensive suite of services to provide the diverse connectivity, private networking and access to high-performing Internet and voice services that companies like MDI Holdings require."
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
Level 3 Communications, Level 3, the red 3D brackets and the Level 3 Communications logo are registered service marks of Level 3 Communications, LLC and/or its affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service, product or company names recited herein are trademarks or service marks of their respective owners.
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: successfully integrate acquisitions; increase the volume of traffic on the network; defend intellectual property and proprietary rights; develop effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
|SOURCE Level 3 Communications, Inc.|
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