American Life Insurance Company --ALICO-- Deploys Per-Se Technologies' Business1-MCO.ATLANTA--(BUSINESS WIRE)---Jan. 18, 2001 Through system streamlining and integrating processes and information, Business1(TM)-MCO proactively and cost-effectively reduces risk to help health insurance organizations achieve more efficient global business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets Per-Se Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PSTI PSTI PS Technologies, Inc. PSTI Personal Safety Training Inc (Spokane, WA) ), a leading provider of integrated business management services, application software and Internet-enabled connectivity with business intelligence for the healthcare industry, today announced the American Life Insurance Company (ALICO ALICO American Life Insurance Company ), a member company of the American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. (AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group ), will deploy its Business1(TM)-MCO application overseas to manage claims administration and claims adjudication The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. processing. The first ALICO and Business1-MCO international office product installation is in Sharjah, United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. , with potential installations planned for other international ALICO operations. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the agreement, ALICO will use Per-Se's Business1-MCO application to customize managed care services such as claims adjudication, medical management, credentialing, and provider and member services to its international offices. Business1-MCO's management of health claims processing will complement ALICO's other insurance processing applications. ALICO chose Per-Se's Business1-MCO because of its state-of-the-art functionality with real-time, online reporting and enterprise-wide workflow automation See workflow. , web-based customer self-service, open architecture, client server platform and other technologically advanced functions. Business1-MCO enables health insurance organizations to proactively focus on critical business issues and facilitates greater accountability through increased data accessibility. William N. Dagher, president of Per-Se's e-Health Solutions division said, "Per-Se is excited to be providing ALICO's international offices with the highest level of service and specialized managed care automation in the industry. In addition to focusing on claims processing, Per-Se's Business1-MCO provides functionality to help ALICO meet current and future requirements in its managed care administration." Part of Per-Se's e-Health Solutions product line, Per-Se's Business1-MCO cutting-edge technology offers a cost-effective, proactive and flexible solution to help payer organizations meet the ever changing and complex requirements in today's healthcare industry. The system minimizes human intervention in its reliance on sophisticated contract and medical rules-driven technology to handle the routine and day-to-day requirements of administration and to achieve industry leading auto adjudication rates. Whether implemented as a turnkey software solution, application service provider (ASP) solution or as an outsourced business function, Business1-MCO's powerful object-oriented programming object-oriented programming, a modular approach to computer program (software) design. Each module, or object, combines data and procedures (sequences of instructions) that act on the data; in traditional, or procedural, programming the data are separated from the efficiently handles the complicated managed care business requirements and relationships via a single relational database. About ALICO American Life Insurance Company (ALICO) is among the largest international life insurance companies in the world. ALICO and its branches, affiliates and subsidiaries market a broad range of life and other insurance products through a network of some 24,000 agents and brokers in approximately 50 countries worldwide. AIG is the leading U.S.-based international insurance and financial services organization and the largest underwriter of commercial and industrial insurance in the United States. Its member companies write a wide range of commercial and personal insurance products through a variety of distribution channels in approximately 130 countries and jurisdictions throughout the world. About Per-Se Technologies, Inc. Per-Se Technologies, Inc. [Nasdaq: PSTI] is a global leader in delivering comprehensive business management services, financial and clinical software solutions, and Internet-enabled connectivity with business intelligence and e-health solutions. Per-Se Technologies enables integrated delivery systems integrated delivery system Integrated provider Medical practice A coordinated health care system formed by physician groups and hospitals which ↑ efficiency and ↓ redundancy in providing health care; IDSs coordinate delivery of a broad range of health and physician practices to optimize the quality of care delivered and profitability of business operations simultaneously. The leading provider of business management services to physicians, Per-Se supports 35,000 physicians and 2,000 healthcare organizations. Atlanta-based Per-Se processes more than 240 million medical transactions annually and its solutions manage 26 million patient lives online. Additional information is available at www.per-se.com. Editor's Note: Per-Se Technologies is a registered trademark and Business1 is a trademark of Per-Se Technologies, Inc. |
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