Benefit Informatics and Eldorado Computing Join Forces to Offer Health Plan Payers a Comprehensive Analysis and Reporting Solution.New Arrangement Combines Leading Claim 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. and Data Analysis Resources TULSA, Okla. -- Competition and cost control initiatives are forcing health plan payers to move beyond being "claims payers" and position themselves as plan resource providers that meet the individual needs of each customer. Eldorado Computing, Inc., a leading provider of health benefit and claims management platforms, and Benefit Informatics, an industry leading data integration, analysis and reporting solution provider, announced a new distribution agreement to offer joint customers seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of services. Eldorado customers will be able integrate Benefit Informatics' proprietary Data Analysis and Reporting applications into their operations to provide clients, brokers, consultants and other partners timely access to healthcare claim and utilization information. "Eldorado is one of the premier healthcare claims and benefit management providers. We already have several customers in common and a very positive working relationship," said Philip Kurtz, 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. of Benefit Informatics. "This new formal agreement we have established will allow current and future TPA (Transient Program Area) See transient area. TPA - Transient Program Area customers of Eldorado to gain access to our online analysis and reporting solutions through a seamless integration of data between our two companies." Tom Castleberry, Vice Chairman of Eldorado, stated, "Benefit Informatics offers a unique data analysis and reporting solution that is both easy to use and robust enough to allow almost any user to access valuable information. Their online tools give our customers additional resources which complement our existing reporting solutions. We are very pleased to offer our current and future customers an integrated solution that helps in controlling healthcare costs and better managing health plans." About Benefit Informatics Benefit Informatics Inc. enables the efficient planning, management and analysis of employee benefit plans through the delivery of online proprietary applications and services to employers, insurance companies, third party administrators and brokers. Benefit Informatics serves more than 50 payer organizations, 5,500 businesses, and more than 2.2 million members. Benefit Informatics integrates data from a variety of sources into one comprehensive database and then normalizes or reformats this data into actionable management information allowing customers to better analyze, plan and manage health plans. For additional information, call 888.802.INFO (4636) or visit www.benefitinformatics.com. About Eldorado Based in Phoenix, Ariz., Eldorado (Eldorado Computing, Inc.) specializes in health insurance application development, 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 (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, IT engineering and operational consulting. The company serves the full spectrum of organizations nationally and internationally engaged in managing health benefit plans including third party administrators (TPAs), health plans, employers and self-insured organizations. Together, Eldorado customers manage 5 million lives and handle 35 million claims annually. For more information, contact 602.604.3100 or visit www.eldoinc.com and www.eldocomp.com. *The legal entity remains unchanged as Eldorado Computing, Inc. Eldorado is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Mphasis BFL BFL Body for Life BFL Bass Fishing League (sponsored By Wal-Mart) BFL Brothers for Life BFL Bharat Forge Ltd. (Pune, India) BFL Back Focal Length , an EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. company. |
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