Availity Selects Vitria For Next-Generation Availity Gateway.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--Oct. 7, 2002 Vitria's Collaborative Application and Industry-Leading Integration Platform to Help Leading e-Health Vendor Improve the Speed and Accuracy of Claims Processing Vitria (Nasdaq:VITR VITR Vitria Technologies (stock symbol) VITR Visible and Thermal Infrared Radiometer ), the leading provider of business process integration solutions, today announced that Availity, L.L.C. has selected Vitria as the integration infrastructure for its Availity Gateway, an all payer electronic transaction service. As the leading e-Health vendor in the state of Florida, Availity optimizes the flow of information between health care providers, health plans and other health care stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. through a secure Internet-based exchange. Availity health plan transactions are free to providers and include eligibility and benefits inquiries, authorization and referral submissions and inquiries, and claims submissions and status inquiries. Availity is using the Vitria Collaborative Application (VCA VCA Voltage Controlled Amplifier VCA Victorian College of the Arts (Australia) VCA Vehicle Certification Agency (UK) VCA Veiligheids Checklist Aannemers ) for the Healthcare Insurance Portability and Accountability Act There are a number of piece of legislation known as the Accountability Act:
(application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ) transactions, including eligibility and benefits, authorizations and referrals, and claims that are processed through the Availity Gateway. "The Availity Gateway provides a focused marketplace solution that fundamentally changes the way healthcare transactions are administered and performed. We selected Vitria as our EDI integration standard because of its robust HIPAA-compliant data edits and file transformation capabilities," said Julie Klapstein, chief executive officer, Availity. "Vitria's product suite is not only offering our clients greater control over patient claims and medical records as mandated by HIPAA, but is also cutting overall administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. and securing them for future growth." The VCA for HIPAA is an out-of-the-box integration solution for managing transaction, validation and security requirements among healthcare payers, providers, clearinghouses and government agencies, facilitating compliance well ahead of the mandated 2003 deadlines. The VCA for HIPAA and BusinessWare enable Availity to transact business with healthcare organizations in a standard electronic format, allowing all Florida providers to submit EDI transactions in a manner that is compliant with the HIPAA provisions. The solution will allow Availity to gain more visibility, control, and access to the HIPAA transactions that flow across the Availity Gateway, expediting compliance with this federal mandate. In addition, enhanced visibility and management of the organization's data enables Availity's transacting health plans, including Blue Cross and Blue Shield of Florida Blue Cross and Blue Shield of Florida is Florida's largest health insurance provider and plan administrator. The company is a member of Blue Cross and Blue Shield Association. The nonprofit, Jacksonville-based Blue Cross and its subsidiaries serve more than 8. and Humana, to improve operational efficiencies and lower the costs of conducting business. "The Availity Gateway, based on Vitria's healthcare solutions, is providing a marketplace solution that fundamentally changes the way healthcare transactions are administered and performed," said Bob Golladay, vice president for healthcare and insurance, Vitria. "Vitria's healthcare solutions are helping our customers, such as Availity, to gain greater control over patient claims and medical records as mandated by HIPAA, cut overall administrative costs, and secure future growth. Payers transacting business through the Availity Gateway are relying on Vitria's solution to effect better transaction management, enabling greater visibility, control and access to health care transactions, such as claims, throughout the health care value chain. Availity's strategic approach of moving provider transactions through the Availity Gateway provides an ideal model for other healthcare organizations to follow." About Availity Availity is an independent company that optimizes the flow of information between Florida health care providers, health plans, and other health care stakeholders through a secure Internet-based exchange. The Availity Gateway offers a common user interface and a single login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on. , is dedicated to being HIPAA compliant, and has proven to be fast and efficient. Availity health plan transactions are free to providers and include eligibility and benefits inquiries, authorization and referral submissions and inquiries, and claims submissions and status inquiries. Value-added services include an online credentialing data repository See repository. , also free to providers, as well as online prescription refill refill noun A second allotment of a prescription agent obtained from a pharmacy, which is allowed by the original prescription verb Pharmacology To obtain more of a particular drug, after the initially prescribed amount of the agent has been used or authorizations supported by over 80% of Florida pharmacies. For more information, including an online demonstration of the Availity Gateway, or to register to use Availity, please visit www.availity.com or call 1.800.AVAILITY (282.4548). About Vitria Vitria Technology, Inc. (Nasdaq:VITR) is the leading provider of business process integration solutions. The company pioneered the enterprise application integration market in 1994 and the use of business process management in 1997, and is now the first integration solution provider to solve integration challenges through collaborative applications. With 35 offices around the world, Vitria's customer base includes such companies as Bell South, The Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross. Association, BP, DaimlerChrysler Bank, Dana, Generali, The Goodyear Tire & Rubber Company, PacifiCare Health Systems PacifiCare Health Systems (former NYSE: PHS) was a Fortune 500 healthcare company based in Cypress, California. It was acquired by UnitedHealth Group (NYSE: UNH) in late 2005, which continues to market health plans under the PacifiCare name. , Reynolds and Reynolds, Schneider Logistics, Sprint, Trane, Trans Union, and The United States' Departments of Defense and Veteran's Affairs. For more information call +1-408-212-2700, email info@vitria.com or visit www.vitria.com. Vitria and BusinessWare are trademarks or registered trademarks of Vitria Technology, Inc. This press release includes forward-looking statements, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc new products, future revenue growth, goals and future business opportunities that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements. Such factors include, but are not limited to, failure to meet financial and product expectations of analysts and investors, risk as related to market acceptance of Vitria's product and alliance partner's products, deployment delays or errors associated with these and other products of Vitria and partners, hardware platform incompatibilities, need to maintain and enhance certain business relationships with system integrators and other parties, ability to manage growth, activities by Vitria and others regarding protection of proprietary information, release of competitive products and other actions by competitors and economic conditions in either domestic or foreign markets. These and other risks related to Vitria are detailed in Vitria's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 2001, filed with the SEC on March 29, 2002, and in Vitria's quarterly reports on Form 10-Q Form 10-Q See 10-Q. as filed with the SEC. The final decisions regarding specific features, pricing, and availability of the products mentioned in the press release are to be determined at the sole discretion of the Company. Vitria does not undertake an obligation to update forward-looking statements. |
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