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FOR IMMEDIATE RELEASE Foresight Contact: Foresight and SBPA Systems Announce Product Integration Agreement COLUMBUS, Ohio, January 29, 2004 – Foresight Corporation of Dublin Ohio and SBPA Systems of Houston Texas today announced an agreement to utilize Foresight's HIPAA Validator(R) within SBPA's EC EDI solutions to increase and support authentic, in-depth EDI transaction validation for HIPAA compliance. SBPA is a leading developer of automated employee benefits claims and administration software for Third Party Administrators, HMOs, Self-Insured Companies, and other insurers that deal with health claim electronic transactions. Foresight is the market leader in providing solutions to assure HIPAA compliance. Under the agreement, SBPA will incorporate InStream(tm) technology from Foresight into SBPA's Group Benefits Administration System (GBAS) EC EDI modules. GBAS is a fully adjudicating, on-line, multi-user system for health benefit claims administration. The EC EDI modules offer HIPAA required transaction translation into the core GBAS records with sophisticated validation and integration. InStream, a member of Foresight's HIPAA Validator(R) family of products, provides to GBAS a more enhanced and flexible real-time production filter that permits only fully compliant data ( based on all HIPAA required validation levels) to be received and sent. Data which fails to comply with either HIPAA regulations or the business rules of individual insurers is removed automatically with detailed information provided on the specific areas of non-compliance. "We looked at the alternatives, and none of them exceeded InStream's capabilities. In addition to InStream's unparalleled performance and ease of integration, we were impressed with Foresight's innovation and leadership in the field of HIPAA compliance," said Sam Mooney, Director of Software Development for SBPA. "With Foresight's InStream(tm) technology and our current EC EDI modules, our clients will be assured continued HIPAA compliance on all current and future transactions at a level non-paralleled in the industry." Robert Fisher, CEO and President of Foresight, said, "By integrating InStream, SBPA clearly gives their GBAS customers additional value. With confidence that transactions will not be rejected due to compliance errors, they overcome an expensive bottleneck in the adjudication and payment process." SBPA customers can expect the enhanced GBAS EC EDI versions to be delivered the first quarter of 2004. About Foresight Corporation Since 1990 Foresight has provided e-commerce productivity and data validation solutions to many health care organizations and Fortune 500 companies, and today is the marketplace leader in HIPAA transaction compliance with its HIPAA Validator(R) InStream(tm) (real-time), CommunityManager(tm) (for large community enablement), and DeskTop (PC-based) solutions. Foresight is proud to partner with many BCBS organizations and payer, facility and provider customers, including Aetna, Fairview Health System, Great West Life, Veritus Medicare Services, Kaiser Permanente, Mayo Foundation, McKesson, Oxford Health Plans, Inc., Preferred Provider of Michigan, PNC Bank, and Washoe Health Systems, Inc., as well as Blue Cross Blue Shield (BCBS) organizations including: BCBS of Illinois, BCBS of Michigan, BCBS of New Mexico and BCBS of Texas, and many others. For more information, visit the company at www.foresightcorp.com or call 1.888.500.0800. About SBPA Since 1976, SBPA Systems has been developing software applications to improve the effectiveness and efficiency of health care delivery to consumers, providers, payers and others responsible for health care issues. SBPA is not only known for developing powerful, flexible, automated solutions that are affordable, but also for creating an effective service delivery organization that is committed to customer satisfaction. SBPA Systems has been named in the Houston Business Journal's top 5 "Best Places to Work" and "Top 25 Software Development Companies". SBPA Systems, Inc. is headquartered in Houston, Texas. To learn more about SBPA Systems, Inc. and GBAS, visit the company's website at www.sbpa.com or call 1.800.444.SBPA (1189). ### HIPAA Validator is a registered trademark and InStream and CommunityManager are trademarks of Foresight Corporation. |
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