BearingPoint to Present New Findings and Leading Practices within Consumer-Directed Healthcare at 2007 CDHC Expo in Las Vegas.Report to Highlight Historic Opportunities for Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and Insurance Firms in Rapidly Growing CDH Congenital diaphragmatic hernia (CDH) A condition in which the fetal diaphragm—the muscle dividing the chest and abdominal cavity—does not close completely. Mentioned in: Prenatal Surgery Market NASHUA, N.H. -- Prepaid Media, a leading provider of business-to-business, integrated media and information services See Information Systems. to the prepaid and stored value card industry, today announced that BearingPoint, Inc. (NYSE NYSE See: New York Stock Exchange :BE), a leading global management and technology consulting firm, will present a report entitled "CONSUMER-DIRECTED HEALTHCARE: LEADING PRACTICES FOR FINANCIAL INSTITUTIONS AND INSURERS" at the 2007 CDHC CDHC Consumer Driven Health Care CDHC Community Dental Health Certificate Expo in Las Vegas, February 26 - 28. BearingPoint has conducted research related to growth of health savings accounts (HSA HSA Health Savings Account (US) HSA Human Serum Albumin HSA Human Services Agency (Nevada) HSA Health Services Agency HSA Health and Safety Authority (Ireland) ), health reimbursement accounts (HRA HRA Health Reimbursement Arrangement HRA Health Risk Assessment HRA Housing and Redevelopment Authority HRA Human Resources Administration HRA Health Reimbursement Account HRA Housing Revenue Account ) and flexible spending accounts flexible spending account, n an employee reimbursement account primarily funded with employee-designated salary reductions. Funds are reimbursed to the employee for health care (medical and/or dental), dependent care, and/or legal expenses and are (FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) ). Based on its research, BearingPoint will present estimates of the number of HSA, HRA and FSA accounts as well as gross revenues that these accounts have contributed to the financial industry. The report will highlight the new opportunities as well as leading practices for financial services and insurance industries, individually and in cooperation, in the rapidly growing CDH market. "We are extremely pleased to have BearingPoint present the findings of this paper at the 2007 CDHC Expo," said Jonathan Weiner, president of Prepaid Media. "While consumer directed healthcare may be revolutionizing the healthcare industry, the greatest impact to this revolution is in healthcare payments and the increasing use of card products in Health Savings Accounts (HSA), Flexible Spending Accounts (FSA), and Health Reimbursement Accounts (HRA) applications." "As companies deploy consumer-driven health care programs and consumers and employees increasingly select these types of programs to meet their health care insurance needs, it is critical for financial services firms to understand the trends, technologies, benefits, and potential pitfalls affecting and driving this dynamic emerging market," said Jim Dean, a senior manager at BearingPoint. "As the largest industry conference focused on the convergence of healthcare and financial services as well as employer solutions, we felt the 2007 CDHC Expo in Las Vegas was the ideal forum to present our research findings." About BearingPoint, Inc. BearingPoint, Inc. (NYSE:BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has over 17,000 employees and major practice areas focusing on the Public Services, Financial Services and Commercial Services markets. For nearly 100 years, BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. For more information, visit the Company's website at www.BearingPoint.com. About Prepaid Media Prepaid Media provides a host of business-to-business media and information services to the rapidly growing network branded prepaid and stored value card industry. Prepaid Media's properties include the Paybefore online portal, Paybefore Update electronic newsletter, and Prepaid Card Report (PCR PCR polymerase chain reaction. PCR abbr. polymerase chain reaction Polymerase chain reaction (PCR) ) print publication, the leading information sources for the prepaid and stored value card markets. Prepaid Media also owns and produces the Prepaid Buyers Guide, Prepaid Card Data, and Prepaid Card Awards, all of which are incorporated across its various media properties. As the prepaid and stored value card industry continues to evolve, Prepaid Media serves as a trusted partner, providing compelling learning, buying and selling, and networking opportunities to key market participants. For more information on Prepaid Media, please visit: www.prepaidmedia.com. |
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