HealthFirst Selects Online Planning, Reporting and Analysis Solutions from Benefit Informatics.Clients Now Have Access to Benefit Analyzer analyzer /ana·ly·zer/ (an´ah-li?zer) 1. a Nicol prism attached to a polarizing apparatus which extinguishes the ray of light polarized by the polarizer. 2. , Benefit Planner Resources TULSA, Okla. -- In an environment with constantly increasing benefit costs, the number of employers choosing to self-fund their employee health benefit plans has risen to more than 55% nationwide. Third party administrators who serve the self-funded market are increasingly seeking proven solutions to help employer groups employer group Association of employers Managed care An entity with a current group benefits agreement in effect with a health plan to provide covered health care services to its employee-subscribers and eligible dependents. control costs and develop the most effective benefit plans. HealthFirst Third Party Administrators, a Tyler, TX-based administrator of self-insured benefit plans, has moved to differentiate itself from the competition by implementing Benefit Analyzer([R]) and Benefit Planner([R]) online benefit administration solutions from Benefit Informatics Same as information technology and information systems. The term is more widely used in Europe. . These technology resources enhance HealthFirst's comprehensive services and provide cutting-edge analytics, reporting and plan modeling capabilities for both HealthFirst staff and employer group clients. Through use of this technology, HealthFirst will help clients better understand, predict and lower employee benefit costs by monitoring and acting upon daily claim information. "We are very excited to bring Benefit Informatics proven technology into our operations," says HealthFirst Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. LaRea Albert. "Our staff now has access to resources that allow us to not only monitor claim activity but take proactive measures In antiterrorism, measures taken in the preventive stage of antiterrorism designed to harden targets and detect actions before they occur. in helping our clients manage their benefit plans." Activities such as stop-loss disclosures, enacting case management and promoting wellness programs within the workforce are supported by timely information and comprehensive reports that save time and provide a precise overview and drill-down capability of claim activity and trends in employee healthcare utilization. "We are pleased that HealthFirst has selected Benefit Informatics for online benefit administration solutions for their operations," said Philip Kurtz, Benefit Informatics 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. . "HealthFirst has a reputation as a leading TPA (Transient Program Area) See transient area. TPA - Transient Program Area in Texas and throughout the nation. Implementation of our reporting, analytics and planning technology within their administrative systems confirms the value of our services within the industry. We look forward to adding great value to HealthFirst by providing transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. in healthcare costs and access to timely claim information." About HealthFirst Founded in 1980, HealthFirst is a Third Party Administrator providing benefit administration and an array of other services to self-insured companies nationwide. Services include National and Local PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there Networks, Utilization Management Utilization management is the evaluation of the appropriateness, medical need and efficiency of health care services procedures and facilities according to established criteria or guidelines and under the provisions of an applicable health benefits plan. , Health and Wellness Programs, Customized Web access for claims and administration, Pharmacy Benefit Programs, Work Site Voluntary Products, and much more. For additional information, call 800-477-2287 or visit www.hftpa.com. About Benefit Informatics Benefit Informatics Inc. enables the efficient planning, management and analysis of employee benefit plans through the delivery of proprietary applications and services to benefit providers through direct and indirect sales channels to plan providers, insurance companies and third party administrators. The company's products include Benefit Analyzer([R]), Benefit Planner([R]), Benefit Manager([R]), Enroller(SM), Connecter(SM), Verifier(SM) and REporter(SM). Through its clients, Benefit Informatics currently serves more than 2,500 businesses, managing health benefits for more than 1.5 million members. For additional information, please call (918) 491-3600 or visit www.benefitinformatics.com. |
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