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Claimsnet.com to Provide Services to a Government Health Care
Division
DALLAS, Feb. 28 /PRNewswire-FirstCall/ -- Claimsnet.com (OTC:CLAI) (BULLETIN
BOARD: CLAI) , a leading provider of Internet-based ASP electronic claim
processing solutions for the healthcare payer industry, announced today that it
has contracted to provide a Government Health Care division with full claims
clearinghouse functionality.
This division, based in Texas, processes medical claims for a government
department and the contract includes both Electronic data Interchange (EDI) and
claims paper conversion services. Claimsnet was selected after a full Request
for Proposal (RFP) evaluation and the decision to use Claimsnet services was
based on an integrated solution that offers cost-effective and user-friendly
EDI and paper conversion solutions, and connectivity within the clearinghouse
industry.
"These services will allow this customer to improve efficiencies afforded by
today's technology including that offered by Claimsnet," commented Don Crosbie,
chief executive officer of Claimsnet. "Implementation is now in process and we
expect the system to be fully operational soon."
About Claimsnet.com -- Claimsnet is a leading provider of Internet-based claim
processing solutions for the healthcare payer industry, including distinctive,
advanced ASP technology. Headquartered in Dallas, Claimsnet offers systems
that are distinguished by ease of use, customer care, security and measurable
cost advantages. More information on Claimsnet can be found at the Company's
web site at http://www.claimsnet.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.
DATASOURCE: Claimsnet.com inc.
CONTACT: Don Crosbie of Claimsnet.com inc., +1-972-458-1701, ext. 112,
or
Web site: http://www.claimsnet.com/