Context forms marketing alliance with RIMS.BURR burr (bur) bur. burr n. Variant of bur. burr 1. a plant seed capsule carrying many hooked structures which catch in animal coats thus promoting dissemination of the plant. RIDGE, Ill.--(BUSINESS WIRE)--June 21, 1996--Context Software Systems Inc., a leading provider of medical coding and reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. products, announced today that it has formed a strategic marketing alliance with Naperville, Ill.-based Resource Information Management Systems Inc. (RIMS), a leading provider of managed care and benefits administration software. In forming a partnership with RIMS, Context Software has become RIMS's latest Marketing Alliance Program (MAP) member. MAP allows RIMS to deliver products and services complementing and enhancing their QicClaim/2 software, which includes a comprehensive array of products and services providing flexible managed care and indemnity solutions for more than 400 payer and managed care organizations. "We currently have over 10,000 clients in the provider market and are rapidly expanding the sales of our coding, editing, and data products into the payer and managed care markets through alliances with leading software vendors. RIMS is one of the most significant players in this market and we are pleased to be one of their business partners," stated Jerry Blackburn, chairman 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. for Context. "Context Software will provide RIMS's clients with RBRVS RBRVS Resource-based relative value scale Managed Care A 'work unit' used to determine the value of various physicians' labor. See Medicare, Physician reimbursement. unit data and a Medicare Carrier/ZIP Code cross reference for those clients seeking this functionality," said John Szala, RMIS's manager of Business Alliances. "RIMS has written standard load programs to incorporate these two products within our next QicClaim release, scheduled for delivery in early 1997," Szala added, "We are very excited about our relationship with Context Software and the opportunity to bring their database product set to our client base." Context is a leading provider of coding and reimbursement-related software and data products to the healthcare industry. Products include ICD-9-CM ICD-9-CM International Classification of Disease, 9th edition, Clinical Modification A standardized classification of disease, injuries, and causes of death, by etiology and anatomic localization and codified into a 6-digit number, which allows , CPT CPT See: Carriage Paid To 4, and HCPCS HCPCS Healthcare Common Procedure Coding System code data, Medicare data, and Fee data including Usual and Customary, Medicare, and Workers' Compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. Fee schedules. RIMS, located in Naperville, has been the leading vendor of software solutions for employee benefit and managed care plan administration for more than 14 years. Its QicClaim systems process health and managed care benefits for more than 27 million lives covered approximately 20,000 different health plans. In addition, RIMS's Health Information Products division is developing solutions that more fully automate the expanding healthcare information management arena and meet the evolving data acquisition, storage and analysis demands of today's managed care environment. CONTACT: Context Software Systems Inc., Burr Ridge Mark A. Earles, 708/654-8800 |
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