Navigation Links
MedAvant and Claimsnet Form Strategic Partnership
Date:1/21/2009

Provides Time-Saving Transaction Solutions to Claimsnet Providers

DALLAS, Jan. 21 /PRNewswire/ -- Claimsnet.com (OTC Bulletin Board: CLAI) today announced an agreement with MedAvant Healthcare Solutions (MedAvant) to provide a private label real-time portal for Claimsnet providers.

"By partnering with MedAvant, we will be able to help our providers enhance staff productivity and ultimately improve cash flow--a must in today's market of tightening margins," said Gary Austin, President & COO of Claimsnet. "Our clients will experience faster, error-free claims submissions leading to reduced A/R days and expedited payments."

Using the MedAvant Premium Services Portal will enable Claimsnet to provide real-time eligibility and claims status transaction capabilities to its providers. Real-time eligibility verifies a patient's insurance and benefits coverage electronically, which helps providers increase upfront collections, reduce manual verification of insurance information, improve the accuracy of bills and streamline workflow. Providers can also use the MedAvant portal to quickly determine the status of a claim and establish if it is pending, in review or rejected.

"We are proud to partner with Claimsnet and offer its providers time-saving applications that will allow them to operate more efficiently and improve the financial health of their practices," said Andrew Lawson, president of MedAvant. "The MedAvant portal will extend Claimsnet's claims processing capabilities and provide clients a more complete service offering."

About Claimsnet.com

Claimsnet is a leading provider of electronic transaction and paper claim handling services for the healthcare industry. Claimsnet partners with businesses seeking to reduce healthcare administrative costs, promoting their success by providing them with technology and services. Headquartered in Dallas, Claimsnet offers a highly secure connection and scalable Internet architecture that speeds deployment and minimizes expenses associated with claims submission and claims payment. For more information, visit http://www.claimsnet.com

About MedAvant

MedAvant is a national connectivity network that connects payers with providers in a real-time environment for the purpose of electronically processing administrative, financial and clinical information in order to lower total administrative costs, improve payer, provider and member relationships, and ultimately improve clinical outcomes.

MedAvant is a privately held company owned by Marlin Equity, a private equity firm with more than $300M under management. For more information, visit http://www.medavanthealth.com.

Safe Harbor Statement Under the Private Securities Litigation Act 1995 - With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to, maintaining access to external sources of capital, regulatory actions, success of marketing strategies, actions of the Company's competitors, dependence on business partners and distribution channels, and continued use of the Internet. Further information on the Company's risk factors is contained in the Company's quarterly, annual, and other periodic reports as filed with the Securities and Exchange Commission.


'/>"/>
SOURCE Claimsnet.com
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Claimsnet.com Reports Third Quarter 2008 Results
2. Claimsnet.com Reports First Quarter 2008 Results
3. Claimsnet Announces Agreement With Aetna for Electronic Claims and Remittance Processing
4. Claimsnet.com Reports Fiscal Year 2007 Results
5. Claimsnet to Acquire Acceptius
6. Claimsnet Signs Electronic Transaction Services Agreement With Employee Benefit Services of San Antonio
7. Oridion Signs Strategic Development and Marketing Agreement with Global Healthcare Company
8. Home Care Franchise Forms Strategic Partnership with Google(TM)
9. Genworth Forges Strategic Relationship with National LTC Network
10. WeissComm Group Acquires Strategic Branding Firm ODA and Enters Alliance With Patient-Focused Health Advocacy Strategies to Diversify Business and Expand Offerings
11. Wyeth Pharmaceuticals and Santaris Pharma Announce Strategic Alliance to Develop RNA-based Medicines
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... , ... October 13, 2017 , ... Ellevate Network, the ... business to advocate for action towards gender equality at their inaugural Summit in New ... the globe, and reached a social audience of over 3 million. To watch the ...
(Date:10/13/2017)... , ... October 13, 2017 , ... “The Journey: From ... every danger possible to save lost souls in the Philippines. “The Journey: From the ... is a dedicated teacher of the Bible. She has taught all ages and currently ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... the demand of today’s consumer and regulatory authorities worldwide. From Children’s to Adults ... tested to meet the highest standard. , These products are also: Gluten ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... has recently contributed a medical article to the newly revamped Cosmetic Town ... article spotlights the hair transplant procedure known as Follicular Unit Extraction ...
(Date:10/12/2017)... ... 2017 , ... Health Literacy Innovations (HLI), creator of the ... the Cancer Patient Education Network (CPEN), an independent professional organization that shares best ... alliance. , As CPEN’s strategic partner, HLI will help support CPEN members ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... the Centers for Disease Control and Prevention (CDC), influenza vaccination should ... helping communities across Massachusetts , Connecticut ... shots through the end of the month. *Some exclusions apply ... ... is by the end of October, according to the Centers for Disease ...
(Date:10/2/2017)... Diplomat Pharmacy, Inc. (NYSE: DPLO ... LLC , and named its founder as Diplomat,s chief ... Tennessee , will operate under Diplomat subsidiary ... offerings for health care partners to include IT outsourcing, ... "In an interoperable world, technology delivers comprehensive insight ...
(Date:10/2/2017)... 2017  AllianceRx Walgreens Prime, the combined central specialty ... pharmacy benefit manager Prime Therapeutics LLC (Prime), today officially ... the unveiling of new signage at its headquarters in ... at a few other company-owned facilities across the country. ... some of whom will begin to see the AllianceRx ...
Breaking Medicine Technology: