Verilet Expands Web Offering with MedInitiatives' Business Intelligence Technology for Health Care.

Business Editors & High-Tech/Health Writers

Premier application service provider Verilet announced a strategic alliance with MedInitiatives to add Web-enabled business intelligence technology to its suite of Internet-based solutions for health care. Through this alliance, Verilet will expand its @bovehealth(TM) offering to include sophisticated, interactive Web-delivered reporting and complex data analysis to support decision-making for health care.

"MedInitiatives' innovative technology offering is unlike anything I've seen in the marketplace because it blends customizable business intelligence technology with the needs of the health care sector, which allowed us to roll out a proprietary offering in less than 30 days," said Jack Johnson, chief technology officer of Verilet. "MedInitiatives' decision support technology is an ideal fit for our organization because it aligns with our goals of providing world-class Internet healthcare solutions. Because of the flexibility of the application, we now offer a proprietary business intelligence product to our customers without the usual implementation hassles, timeline delays and unanticipated development costs."

MedInitiatives' ready-built technology for health care provides an alternative to the internal development of a piecemeal solution using the numerous mainstream technology vendors required to deploy a business intelligence solution. MedInitiatives' value is found in its ability to significantly reduce costs, eliminate risk and expedite time-to-market. MedInitiatives provides a consultative approach to custom configuration for each organization's unique business requirements including scalability and performance and functional output. Through a single-source application, users have real-time access to data with robust ad hoc functionality that eliminates the need to use multiple applications for data manipulation.

@bovehealth is a next generation solution that allows Health Care Organizations (HCOs) to connect directly with their customers by providing secure access to information from their legacy system via the Internet. Providers, members, employers and brokers can perform transactions, download information and make changes to demographic and account information -- all online. By linking a relational database to an HCO's legacy system, @bovehealth(TM) allows the HCO to interact with its stakeholders via the Internet. With a standard desktop and Internet connection, customers can easily log on and access information and conduct routine transactions.

Verilet has embedded MedInitiatives' technology into its @bovehealth Web version 2.0 application release. The integrated solution will allow HCO staff to perform user-driven research and analysis; utilization review; physician practice pattern analysis; linear and non-linear forecasting; plan design change modeling; disease and case management data support, as well as standard high-level aggregate reporting with drill features to the most granular data level.

"As a forward-thinking technology company, Verilet has already opened the lines of communication in processing information via a secured Internet connection, improving efficiency for its customers," said Matt Simas, CEO of MedInitiatives. "MedInitiatives' technology leverages the immediacy and interactivity of the Web to deliver information that is interactive, actionable and seamlessly integrated with Verilet's @bovehealth offering."

Verilet is an Application Service Provider (ASP) based in San Diego, Calif. that Web-enables health plans. Its @bovehealth Web (AHW) product connects employer groups, plan members and medical providers to the health plan via the Web. AHW replaces costly phone, fax and paper driven transactions with instantaneous access the health plan's administrative system.

@bovehealth provides full administrative functionality and interfaces tightly to installed payor systems, improving operation performance and lowering costs for each transaction completed on-line. It can be deployed quickly as a client Web portal on a private-label basis resulting in a rich array of benefits that include easy access and quick reference to administrative data for employer groups, provider offices and plan members. For more information about Verilet, visit its Web site at www.verilet.com.

MedInitiatives, Inc. is an emerging market leader in the development, deployment and management of Web-delivered business intelligence technology for health care that offers no-risk, rapid implementation for quick time-to-value. MedInitiatives provides decision support technology solutions for health plans, pharmacy benefit management companies, third-party administrators and integrated health care systems. MedInitiatives is an independent, privately held health care information technology company based in Rancho Cordova, Calif., a suburb of Sacramento. For more information about MedInitiatives, visit its Web site at www.medinitiatives.com.