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Provider Advantage Selects Quovadx Financial Interoperability Solution to Increase Efficiency for Its Insurance Verification System.


GREENWOOD VILLAGE, Colo. -- Quovadx, Inc. (Nasdaq:QVDX), a global software and vertical solution company, today announced that Provider Advantage NW, Inc., a national provider of automated, integrated real-time healthcare information software, selected the Quovadx Cloverleaf[R] Integration Suite in the fourth quarter of 2006, to increase the efficiency of its insurance verification solution by accelerating connectivity from its customers to its payer insurance organizations and Hospital Information System (HIS) vendors.

Through its relationship with Quovadx, Provider Advantage will be able to achieve greater interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other.  for its customers and bring direct connectivity to market more quickly. The Cloverleaf Integration Suite, the most widely selected integration engine in the industry, will collect and translate the data sent from disparate payer systems to the Provider Advantage insurance verification solution, thereby accelerating connectivity to its payers and HIS vendors. Additionally, the Cloverleaf[R] product will be used for core development efforts by Provider Advantage, allowing its programmers to readily build and customize Health Level Seven (HL7) interfaces to seamlessly communicate with the products of all major HIS vendors, providing streamlined interoperability to all of Provider Advantage's customers.

The Cloverleaf Integration Suite will also help the Provider Advantage insurance verification solution accelerate the billing cycle Billing cycle

The time elapsed between billing periods for goods sold or services rendered.
, reducing the total number of claims that are rejected by payer organizations and minimizing the number of re-worked claims -- saving Provider Advantage customers overhead costs overhead costs

see fixed costs.
 and man-hours from re-billing.

"QUOVADX Financial Interoperability Solutions, powered by the Cloverleaf Integration Suite, will provide us with the tools and services we need to more efficiently connect our customers' systems to multiple insurance organizations through a single product, thereby saving valuable time and money," said Ted Tomkins, president, Provider Advantage. "We are gratified grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to be working with Quovadx to help us manage our internal development projects because the company has best-of-breed technology and proven interoperability solutions, which will help us achieve greater interoperability with HIS vendors and payer organizations."

QUOVADX Financial Interoperability Solutions enable single-source revenue and financial transaction management. Used for financial system integration and workflow to support HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health,  requirements, including eligibility, national provider ID implementation, and direct transactions between health plans, QUOVADX Financial Interoperability Solutions enable hospitals, HIS vendors and health plans to share financial and administrative data critical to important business partners to increase efficiencies, reduce costs and minimize overhead and resource drains. The Cloverleaf Integration Suite, the infrastructure backbone of QUOVADX Financial Interoperability Solutions, enables the real-time sharing of clinical, administrative and financial data throughout and between organizations. These solutions deliver message, protocol, standard and version translation for ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC.  - X12, HIPAA transactions, XML XML
 in full Extensible Markup Language.

Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations.
, HL7 and NCPDP NCPDP National Council for Prescription Drug Programs  formats among others.

"Efficiently obtaining accurate patient insurance information at the point-of-service is a challenge facing healthcare providers today," said Afshin Cangarlu, president, Integration Solutions division, and executive vice president, Quovadx. "We are pleased that Cloverleaf technology will be able to achieve greater efficiency for the Provider Advantage insurance-verification solution by accelerating direct connectivity to its payers, which will help reduce the time it normally takes to process and verify a patient's insurance information at point-of-service."

About Provider Advantage

Since 1991, Provider Advantage NW, Inc. has been providing innovative products and services to access real time healthcare data. Provider Advantage develops, markets, installs, and supports electronic data interchange See EDI.

(application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce.
 (EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. ) technologies that allow organizations to obtain, utilize, and manage insurance data to generate operational efficiencies and improve cash flow. Conforming to the needs of each customer, Provider Advantage's products and services enable organizations to optimize revenues by establishing responsibility for healthcare services. For more information, contact Provider Advantage NW at (800) 203-5465 or visit www.provider-advantage.com.

About Cloverleaf[R] Integration Suite

The Cloverleaf Integration Suite, a system integration solution for healthcare providers and payers, has installations in over 2,000 sites worldwide and in 40 percent of all large IDNs (Integrated Delivery Networks) in the U. S. Cloverleaf technology connects disparate IT systems and applications across an enterprise or beyond, normalizes the data for presentation and transforms the data into value-rich information. Based on a flexible and reliable messaging platform, the Cloverleaf solution enables real-time sharing of clinical, administrative and financial data throughout an organization, maximizing the value of existing technology systems and decreasing the cost of integrating the healthcare enterprise IHE is an initiative by healthcare professionals and industry to improve the way computer systems in healthcare share information.

In 1997, a consortium of radiologists and information technology experts formed IHE, or “Integrating the Healthcare Enterprise.
.

About Quovadx, Inc.

Quovadx (Nasdaq:QVDX) offers software and services for system development, extension, integration and analysis to enterprise customers worldwide. Quovadx has three divisions, including the Integration Solutions division (ISD See IDD. ), which offers private and public healthcare organizations software infrastructure to facilitate system interoperability and leverage existing technology, the CareScience division, which provides care management and analytical solutions to hospitals and health systems and pioneered regional healthcare information organization (RHIO RHIO Regional Health Information Organization ) technology, and the Rogue Wave rogue wave
n.
An unpredictable, abnormally large wave that occurs on a seemingly random basis in the oceans.
 Software division, which provides software and services for enterprise-class application development and high-performance 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.
. Quovadx serves companies in the healthcare, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, telecommunication and public sectors. For more information, please visit http://www.quovadx.com.

QUOVADX, the QUOVADX logo and Cloverleaf are registered trademarks of Quovadx, Inc in the US and other countries. All other company and product names mentioned may be trademarks of the companies with which they are associated.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 14, 2007
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