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FOR IMMEDIATE RELEASE Foresight Contact:
Columbus, OH, July 21, 2004 – Foresight Corporation, the leading provider of transaction processing automation solutions for healthcare, has announced the addition of three Director-level positions to help meet growing demand for the Company's products and services. Foresight has been regularly adding to its team of software developers, marketing, sales, and public relations personnel. Elizabeth Scoville has been promoted to Director of Marketing. Scoville, who has been with Foresight since 2000 has over 15 years experience in marketing including work with Prudential Healthcare, Aetna, and various hospital and medical associations. Other previous work includes marketing roles in the retail industry and media relations for a political campaign. Jim Read, recently hired as Foresight’s Director of Business Development, brings over 20 years of experience in the healthcare IT industry working in such firms as WebMD, Aetna, US HDI, and ENS. Satyen Hombali brings over 20 years experience in IT management working for such firms as Price Waterhouse, Unilever, and Optimum Technology to Foresight. He joins the Company as its Director of Product Management. “These highly experienced individuals are stepping into key roles necessitated by our rapid growth in the healthcare industry,” said Robert A. Fisher, President & CEO, Foresight Corporation. “Our internal expansion is a natural result of this industry’s growing appetite for real-time business activity monitoring solutions to automating the processing of healthcare transactions. In May, the company launched Transaction Insight as the first application of Business Activity Monitoring (BAM) to automated transaction processing technology for healthcare. Transaction Insight uses automation to reduce operating expenses and allow unprecedented real-time, high level monitoring of business activities. 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 leading provider of advanced business and automated transaction processing solutions for healthcare. Foresight's latest technology offering, Transaction Insight™, is the first business activity monitoring (BAM) solution specifically developed for healthcare transaction processing. Foresight remains the marketplace leader in HIPAA transaction compliance with its HIPAA Validator® family of offerings, including: CommunityManager™ (for large community enablement), DeskTop (PC-based), and InStream™ (real-time) 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, 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. ### HIPAA Validator is a registered trademark and InStream and CommunityManager are trademarks of Foresight Corporation. |
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