BCE Emergis Signs Risk Assessment Strategies as New Client.Business Editors ROCKVILLE, Md.--(BUSINESS WIRE)--Sept. 12, 2002 Services address the needs of the managing general underwriter and its clients BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. Emergis Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :IFM IFM Institut Français de la Mode (French Fashion Institute) IfM Institute for Micromanufacturing (Louisiana Tech University) IFM Interface Module IFM Instantaneous Frequency Measurement ), a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. provider of e-health solutions and health care cost management services, today announced an agreement to deliver the Emergis(TM) Centers of Excellence Network and Fee Negotiation services to Risk Assessment Strategies (RAS (1) See network access server. (2) (Remote Access Service) A Windows NT/2000 Server feature that allows remote users access to the network from their Windows laptops or desktops via modem. See RRAS and network access server. ) of South Windsor, Connecticut South Windsor is a town in Hartford County, Connecticut, United States. The population is 24,412 (2000 census). Geography According to the United States Census Bureau, the town has a total area of 74.2 km² (28.7 mi²). 72.4 km² (28.0 mi²) of it is land and 1.8 km² (0. . The services will be delivered under an agreement wherein BCE Emergis will not only deliver services to RAS, but will also work with RAS to offer the same services to the underwriter's third-party administrator clients and their employer health plans. Over time, the companies expect to add new services to the agreement. RAS, a managing general underwriting firm, is a market leader specializing in Medical Stop-Loss insurance for self-funded employer health plans. The company's services protect self-funded employers against claims that extend beyond their established fund. RAS will use the BCE Emergis services primarily to manage high dollar claims, which typically account for the majority of the underwriter's loss ratio. Emergis Centers of Excellence is a network of specialist providers that dramatically reduces the financial impact of high dollar claim conditions, while providing the best treatment options available for plan members. Together with the fee negotiation services offered by BCE Emergis, RAS gains an enhanced ability to lower its claims costs, and therefore its loss ratio - the key measure of an underwriter's profitability. The services can be used by RAS or its clients in any combination, allowing for incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. adoption as appropriate for their own service delivery strategies. "As we pursue deeper involvement in determining how risk is managed at the health plan level, it is increasingly important for us to work with a company that can offer a single source of comprehensive services from medical management to network services, backed by the expertise of people who understand our business," said Bob Shea, President of RAS. "We selected BCE Emergis because their services and staff enable us to work more closely with our clients, and their ability to connect us electronically with our clients streamlines cross-company administrative processes." "RAS and BCE Emergis share a common business strategy: to work closely with clients to control claim costs," said Dr. Faye S Faye may refer to:
BCE Emergis' eHealth Solutions Group, North America, serves the transaction-intensive health care industry with a range of integrated solutions that simplify administrative processes, decrease costs and facilitate the highest quality of care. In the U.S., Emergis' eHealth Solutions Group is one of largest provider networks, working in partnership with more than 500,000 physicians and 4,800 hospitals. In Canada, the group is the largest pharmacy benefit manager in the country, working with six of the country's largest payers and 99% of its pharmacies. Our advanced, scalable electronic technology solutions transform business processes, help clients grow their businesses and advance the health care industry. BCE Emergis shares (TSX:IFM) are included in the S&P/TSX Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . Please visit BCE Emergis at www.emergis.com for more information on the Company. This news release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that reflect the current views and/or expectations of BCE Emergis with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly. |
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