Congressman David Price to Visit Durham, NC Bloodhound Technologies.

DURHAM, N.C. -- Bloodhound Technologies, the only claims editing and analytics provider offering a fully transparent, customizable, real-time service, is hosting Congressman David Price at the company's corporate headquarters on Thursday, August 13 for a tour of the facilities and an employee discussion on health care costs. Bloodhound Technologies' experience shows:

* The need for transparency and information sharing between payers, providers and patients to help improve communications among the health care industry;

* How improving the efficiency of the claims reimbursement process through health information technology can save the U.S. health care system billions;

* The necessity for adopting standards in health care information technology that can help drive process efficiencies;

* The protection of the fiscal integrity of the health care system through the identification of overpayments and potential fraud early in the claims process to avoid costly recoveries.

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About David Price

Representative David Price currently serves on the House Appropriations Committee and is Chair of the Homeland Security Appropriations Subcommittee. He is also a member of the Appropriations Subcommittees on Interior and Environment and on Transportation, Housing and Urban Development. Price, a lifelong educator, is working to improve education by recruiting our nation's brightest young people to go into teaching. He is a recognized leader in foreign policy, serving as Chairman of the House Democracy Assistance Commission, which he initiated to strengthen parliaments in emerging democracies.

Price serves the House Democratic Caucus as Assistant Whip. He co-chairs the Democratic Budget Group, a forum on national fiscal priorities and policies, as well as the Democratic Caucus Faith Working Group.

About Bloodhound Technologies, Inc.

Bloodhound Technologies is the only claims editing service and analytics provider to offer a fully transparent, customizable, real-time service for all participants in the claims revenue cycle. ConVergence Point, its next-generation, hosted claims editing service, can process a claim against 16 million edits across total patient history in sub-second response time. All ConVergence Point edits are open-sourced and based on national standards and can be filtered to exactly match a payer's reimbursement policies. Further, ConVergence Point provides a Web portal for providers to see edits and correct claims before submission. This remarkable service can integrate with any claims adjudication system, clearinghouse, or claims gateway.

Based in Durham, NC, Bloodhound Technologies is a venture-backed company with investments from Noro-Moseley Partners and The Wakefield Group. For more information, visit www.bloodhoundinc.com.

Members of the press are encouraged to attend. To receive an invitation, please contact David Jackson of Bloodhound Technologies or Madeline Shedno of Schwartz Communications.