Amisys Synertech Completes New Software License Sale for AMISYS Advance and Announces New BPO Customer.Business Editors/Health, Medical & Hi-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--Jan. 19, 2004 Deals Exemplify Comprehensive Range of Products and Services Company Offers to Health Plans Amisys Synertech Inc., the new market leader of advanced software products and world-class outsourcing and claims processing services for healthcare payers, has signed two new contracts with health plans valued in excess of $3 million. The new sales clearly demonstrate the scope of the administrative and business solutions the newly formed Amisys Synertech delivers to healthcare payers. 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. Amisys Synertech President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Kevin R. Brown, "These sales demonstrate that the market recognizes the scope, strength and agility of Amisys Synertech to provide real substance to health plans through our highly functional and scalable software products and efficient, results-driven business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in services. Our suite of solutions delivers value and a unique healthcare focus to nearly every payer model today and has been developed to serve the newer plan designs growing in popularity." The two new business contracts are summarized below: -- AMISYS Advance License. Prevea Health Plan, based in Green Bay Wis., offering HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, , POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there and Medicare supplemental insurance programs to employers and seniors, will purchase a license for Release 1 of the AMISYS Advance payer software system, an enterprise-wide, robust application that assists health plans with administrative functions, such as claims processing, membership, enrollment, capitation CAPITATION. A poll tax; an imposition which is yearly laid on each person according to his estate and ability. 2. The Constitution of the United States provides that "no capitation, or other direct tax, shall be laid, unless in proportion to the census, or and HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, enablement. Prevea was utilizing the AMISYS 3000 product under a hosted arrangement to process claims for its members. Under terms of its agreement, Amisys Synertech will provide the AMISYS Advance software, the evolutionary replacement for AMISYS 3000, implementation and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services and will sell third-party hardware and software to Prevea. -- BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra services. Jai Medical Systems, Inc., a Baltimore, Md.-based health maintenance organization, selected the Synertech Operations of Amisys Synertech to host its AMISYS 3000 Release 11.01 and process claims for Jai Medical Systems' members. Synertech Operations is delivering a range of business and technology functions, including electronic enrollment, member ID card production, provider record maintenance, authorization capabilities, coordination of benefits and third-party liability services and capitation. Under terms of its agreement, Jai Medical Systems can migrate AMISYS 3000 to the AMISYS Advance product. Jai Seunarine, CEO of Jai Medical Systems, said "We selected Amisys Synertech for many reasons. The AMISYS product provides an excellent software application and we are excited to have the opportunity to work with them. In addition, Synertech Operations' reputation as a leader in BPO services made the now combined entity a logical choice for our business needs." About Amisys Synertech, Inc. Amisys Synertech Inc. (www.amisyssynertechinc.com) advances health plan business through its industry-leading products and services. The company delivers comprehensive, mission-critical information management software products and Web capabilities that meet the needs of nearly every healthcare payer model. Amisys Synertech also provides leading business process outsourcing and application hosting for health plans, supporting a multimillion-member base through its claims processing and consumer-directed services. Amisys Synertech has offices in Rockville, Md., Harrisburg, Pa., Bloomington, Minn., Dubuque, Iowa Dubuque is a city in the U.S. State of Iowa, located along the Mississippi River. Its population was estimated at 57,696 in 2006,[3] making it the eighth-largest city in the state. and Alpharetta, Ga. |
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