3i Infotech, an Edison, N.J.-based provider of IT solutions and services, has announced that FinCor Holdings, Inc. has selected the company's PREMIA Integrated Insurance management solution to improve overall business process functionality and productivity and to enhance the communications process via a Web-based platform. Through its underwriting subsidiaries MHA Insurance Company and Washington Casualty Company, FinCor provides professional liability insurance to more than 250 healthcare facilities and more than 5,000 physicians in the Midwest and Northwest.
AdvancedMD, a Salt Lake City-based provider of physician billing and practice management software, has announced that the Advanced Medical Group, a subsidiary of Greene Memorial Hospital in Xenia, Ohio, has selected the company's revenue cycle management software to help manage 25 hospital-employed physicians.
Minneapolis-based Lighthouse1 has announced that it will formally launch the Lighthouse1 OnDemand HSA Solution from beta to general availability on Jan. 1, 2008. The company's new HSA solution is designed to provide a flexible HSA Administration platform with integration technology for secure back-end custodial integration.
Benefitfocus, of Charleston, S.C., has unveiled Benefitfocus eDirect, a new technology that enables health insurance carriers to offer individual health plan offerings in different ways while tracking the ROI for specific marketing campaigns. Simultaneously, a Web-based storefront is created to allow consumers to shop, compare and purchase health insurance for themselves and their family.
Kosmix, the Mountain View, Calif.-based creator of the health consumer Web site www.righthealth.com, has announced a $10 million investment in the company, led by new investor DAG Ventures, with additional participation from current investors Accel and Lightspeed.
Medical Present Value, Inc. of Austin, Texas has announced that University of North Carolina Physicians & Associates, the medical group faculty practice plan for the University of North Carolina at Chapel Hill School of Medicine, has selected MPV to automate its payer contract management process.
DB Technology of Clark, N.J. has announced the release of Report Automation System (RAS) version 3.28, which "effectively maximizes revenues while streamlining the workflow automation process and eliminating paper."
The QuadraMed Corporation of Reston, Va. has announced that the Department of Veterans Affairs has awarded the company a $21.8 million contract to renew the term license for QuadraMed's Encoder Product Suite, a comprehensive VistA-integrated Health Information Management and Revenue Cycle Management solution used by the HIM and billing departments of all VA medical centers.
MediSolution, Ltd. of Montreal has announced the implementation of its Virtuo Revenue Cycle Management solution at DaVita laboratories, a subsidiary of DaVita, Inc., one of the leading kidney care service providers in the United States.
CBIZ, Inc., a Cleveland-based provider of business services to medical practices, among others, has announced that it has sold its interest in Allbridge Solutions, Inc., a provider of portfolio accounting and enterprise wealth management services, in conjunction with Allbridge's acquisition by the PNC Financial Services Group.
Health Management Systems, Inc. of New York has been awarded a contract by Medford, Mass.-based Network Health to provide coordination of benefits services.
Exante Financial Services of Minneapolis has announced that, due in part to its acquisition of the Administration Resources Corporation, it will begin managing medical trusts for voluntary employees' beneficiary associations (VEBAs).
Dallas-based U.S. Preventive Medicine has signed a letter of intent with iHealth UK Ltd. to jointly develop three preventive medicine businesses in the United Kingdom.
Claimsnet.com, a Dallas-based provider of electronic transaction services to the healthcare industry, has entered into an agreement to acquire substantially all the assets of Acceptius, Inc., also of Dallas.
Cincom Document Solutions of Cincinnati and Valutech, Inc., a provider of claims disbursement and revenue life-cycle management solutions, have announced a global partnership.
Verilogue, a Fort Washington, Pa.-based provider of technology that captures real-time physician-patient conversations at the point-of-practice, has received a $4 million investment from the Edison Venture Fund of Lawrenceville, N.J. to expand development, marketing and sales.