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St. Louis Firm Brings Medicare Risk Adjustment to iPhone
Date:6/4/2009

Software and services let health plans reduce audit risk while ensuring accurate payments and compliance with Medicare standards

ST. LOUIS, June 4 /PRNewswire/ -- Only a select few have ever wondered how to integrate Medicare Risk Adjustment with their iPhone(R). Those who have should be happy to hear about the latest release from Storan Technologies Inc. (STI).

Today STI announced the release of Merlin Medicare Risk Adjustment 6.0(TM), a Web-based software solution for health care plans.

Merlin Medicare Risk Adjustment saves health plans time and money by simplifying compliance with Medicare rules and ensuring accurate condition coding. It maximizes payments while improving patient health by focusing on early detection, ongoing assessment and reporting of chronic conditions.

Version 6.0 uses more advanced Web technologies than previous versions of Merlin. It allows users to produce financial forecasts, data analytics or manage retrospective audits online within a customizable and secure Web portal. From start to finish, the processes of Medicare risk adjustment can be managed easily within Merlin.

"We've taken Merlin to the next level by integrating it with Web services such as Skype. The process is seamless. The capabilities are powerful. Our customers are going to love it," said Ciaran Storan, STI co-founder and Chief Technology Officer.

Merlin Medicare Risk Adjustment 6.0 showcases additional new features including Medicare risk adjustment data validation (RADV) support using STI's Smart Track technology along with an application for iPhone. Several additions to the provider module including expanded profiling and outreach reports have been added to accommodate the needs of customers wishing to adopt a more prospective approach to MRA.

"Storan V6 enables us to dramatically improve our ROI," says Kathy Cortez, Vice President of Operations with Fidelis SeniorCare. "It gives us better visibility to our member data and provides detailed analytics that allow us to make the best use of the resources we allocate to capturing the chronic conditions of our complex member base. The technology employed to create our secure dashboard simplifies our ability to conduct reconciliations and avoid missed opportunities. Congratulations to Storan on this impressive upgrade!"

For more information about Merlin Medicare Risk Adjustment 6.0 or Storan Technologies Inc., contact Sales at 636-477-7701.

About Storan

Founded in 1995, Storan Technologies Inc. transforms organizations and improves health care through innovative technology. Healthcare organizations rely on its software products, services and consulting to improve the delivery and operations of their business. More information about Storan is online at www.storan.com.

(TM)/(R) The Storan logo and Merlin MRA are trademarks of Storan Technologies Inc. Other company and product names may be trademarks of their respective owners.


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SOURCE Storan Technologies Inc.
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