Premier, Inc. Implements Latest Release of I-many CARS(R).Largest Healthcare Purchasing Organization Rolling Out the Latest Version of I-many's World-Renowned Chargeback Chargeback The charge a credit card merchant pays to a customer after the customer successfully disputes an item on his or her credit card statement. Notes: Customers dispute charges to their credit card usually when goods or services are not delivered within the and Rebate Management Solution, Built on the Latest Service-Oriented Architecture See SOA. and Web-Services Technologies EDISON, N.J. -- I-many, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :IMNY IMNY Internet Marketers of New York ), the leading provider of advanced Contract Lifecycle Management (CLM CLM - Career Limiting Move ) solutions for managing corporate commitments, today announced that Premier, Inc., a healthcare alliance of more than 200 of the nation's leading not-for-profit hospitals and healthcare systems, is implementing the latest version of I-many's leading chargeback and rebate management solution. Premier's implementation is the first commercial roll-out of I-many CARS 5.0, which was built from the ground up on I-many's next generation CLM platform. This significant release offers the best of both worlds. It leverages the latest Service-Oriented Architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) architecture and Web-services technologies in I-many's next-generation CLM platform, as well as preserving the unique data structure for which I-many's chargeback and rebate management solution is known for in the industry. Premier's long-term commitment to I-many's powerful and extensible CLM infrastructure and applications, including I-many CARS 5.0, has helped I-many deliver solutions that dramatically simplify processes, improve security and reporting and deliver unprecedented flexibility for Premier to easily add additional contract management applications and other capabilities as their needs evolve. "As a long-time user of I-many CARS, migrating to I-many CARS 5.0 was an easy decision," said Joe Pleasant, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. at Premier. "I-many's CLM solutions, anchored by its comprehensive and extensible CLM platform, enable Premier to handle enormous volumes of contracts and data managed on the behalf of our members and suppliers. We expect I-many CARS 5.0 will bring dramatic improvements in our ability to optimize revenue and streamline operational efficiencies throughout our organization." I-many CARS 5.0 offers a rules-based management interface, along with improved administrative and security features. This includes the ability to customize windows on a user-by-user basis, allowing administrators to hide columns or reorder re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. fields in the window on an as-needed basis. Administrators can also restrict the types of adjudications ADJUDICATIONS, Scotch law. Certain proceedings against debtors, by way of actions, before the court of sessions and are of two kinds, special and general. 2.-1. By statute 1672, c. individual users can review and approve. I-many CARS 5.0 also now supports automated data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , from import all the way through settlement. Equally important, I-many CARS 5.0 streamlines and simplifies the management of eligibility sets, product sets, and price groups. "Our latest version of I-many CARS represents a major architectural innovation in many ways. In addition to its added functionality, it also paves the way for 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 contract management, workflow, chargeback processing, Medicaid rebate processing, government pricing, and data validation applications and functionality on a single platform," said John Rade, chairman, 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 I-many. "Thoroughly tested, beta-proven, and now commercially implemented, I-many CARS 5.0 delivers what our customers have requested: a single interface to the full range of functionality that they need to completely and efficiently manage the entire contract management lifecycle." About Premier, Inc. A healthcare alliance entirely owned by more than 200 of the nation's leading not-for-profit hospitals and healthcare systems, Premier Inc. helps hospitals accelerate both clinical and financial performance. Premier's shareholders operate or are affiliated with 1,500 hospitals and more than 42,000 other healthcare sites. Premier's members and clients benefit from group purchasing and supply Purchasing and Supply can have several different definitions. According to the Institute for Supply Management (ISM) [1], purchasing is defined as a major function of an organization that is responsible for acquisition of required materials, services, and equipment. chain services, clinical and operational performance measurement, benchmarking and insurance programs. Headquartered in San Diego, CA, Premier has offices in Charlotte, NC, and Washington, DC. For more information, visit www.premierinc.com. About I-many([R]) I-many (NASDAQ:IMNY) is the leading provider of advanced Contract Lifecycle Management solutions for managing corporate commitments. Designed to extend beyond the traditional contract management capabilities, I-many ContractSphere([R]) offers an end-to-end solution, from pre-contract processes and contract management to transaction compliance. Ultimately, this provides companies with the visibility and control needed to manage any type of commitment - from contracts and obligations to payments and collections. The result is increased revenue, minimized risk and dramatically reduced operating costs, which deliver improved profitability with hard return on investment. More than 280 customers across 21 industries worldwide have implemented and realized the value of I-many business solutions. For more information, please visit www.imany.com. This news release contains forward-looking statements, and actual results may vary from those expressed or implied herein. Factors that could affect these results include: the risk of unforeseen technical or practical impediments to planned software development and other risk factors set forth from time to time in the Company's filings with the Securities and Exchange Commission. |
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