Corporate Systems, Inc. Appears on Alexander Haig's World Business Review TV Series.

Business Editors

BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 28, 2000

Multimedia Productions (USA), Inc. is proud to announce the appearance of Johnny Mize, president and CEO of Corporate Systems, Inc., on World Business Review. The weekly television series is hosted by General Alexander Haig, Secretary of State during the Reagan administration. The topic of the discussion is "Corporate Solutions," on episode no.

"Corporate Systems, Inc. was selected to appear on the program because it has found an effective way to greatly reduce the high costs associated with the processing of medical bills for payment," said Ralph Gardner, the show's coordinating producer.

There are many factors and processes contributing to what some experts estimate to be as much as $54 billion of waste in the medical billing system. The primary elements of this waste are redundant work in the form of multiple data entry points, generation and handling of paper, and the subsequent storage and retrieval of paper. "The challenge," said Mize, "is how to realistically reduce, if not remove, as much of these costs as possible."

Corporate Systems, Inc. is meeting this challenge by bringing to market a process by which these bills move electronically through the system without the need to generate paper. "This process leverages Internet-based technology and greatly reduces the touch points, and by extension the costs, generally associated with the processing of bills," said Mize. "The system is designed to benefit all of those with a stake in the process-including providers and carriers - by greatly reducing processing and cycle time by eliminating mail delays and data entry errors."

One of the Corporate Systems' newest offerings, said Mize, is "eClaimsPro," a web-based solution for filing, accessing and reporting claim and medical bill repricing data. Mize explained that through a web browser, users are given the ability to enter different components of the solution to gain access to information when and where they need it. "One has the capability to file a claim, access the data relevant to that claim, reprice any associated medical bills and report on the claims status - all within one window," he said.

Taped in Washington, D.C., World Business Review currently airs on PBS the Business Channel, and in prime business slots in numerous Public Television markets, including San Francisco and New York. The weekly series can also be viewed on TWA, United Airlines, or from any desktop computer via AENTV.

Individual videotapes or continuing education systems (via Indiana State University) are available by calling 1-800-WBR-1032, or by visiting www.wbrtv.com, which showcases feature topics and specific companies' technology.