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Olympus Managed Health Care Receives Third Party Administrative License in State of Florida

MIAMI, July 27 /PRNewswire/ -- Olympus Managed Health Care Inc., a leading provider of health care claims administration and cost containment services, announced today that it has been awarded a license from the Florida Department of Insurance to perform third party administrative (TPA) services to health plans, providers and other payor organizations in the state.

Olympus Managed Health Care currently provides a wide range of insurance services including claims management, cost containment, case management, customer service and call center support, to organizations outside of the United States. By securing the TPA license in Florida, Olympus Managed Health Care will now be in a position to offer robust health claims and administrative services to organizations throughout Florida.

"We are very excited about receiving the TPA license in Florida," said Steven W. Jacobson, president and CEO of Olympus Managed Health Care. "We have a strong track record in the international market and are now looking to expand our scope of services and expertise into the United States. The TPA license is an important step toward achieving that goal."

About Olympus Managed Health Care Inc.

Olympus Managed Health Care Inc. is the leading independent provider of health care claims administration and cost containment services. Since its inception in 1994, Olympus has focused exclusively on facilitating access to health care on behalf of its health care clientele. Olympus' innovative approach to health care reduces expenses by focusing on cost up pricing, while simultaneously enhancing end user satisfaction. Olympus' products and services focus on bringing value to the payer, medical provider, and health care consumer. Olympus is privately held and 100 percent management owned.

SOURCE Olympus Managed Health Care Inc.
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