 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
FOR IMMEDIATE RELEASE Foresight Contact: Automating validation and transaction processing… Foresight Technology for Claims Performance Columbus, OH, August 19, 2004 – Foresight Corporation, the leading provider of advanced business solutions for healthcare, announced an agreement under which Blue Cross and Blue Shield of Alabama will incorporate advanced technology from Foresight into their transaction processing system to reduce costs and provide consistency of claims rejection policies across all lines of their business. Blue Cross and Blue Shield of Alabama, based in Birmingham, AL, is the largest payer in the state, administering health and dental insurance plans for the employees and dependents of 29,000 companies. In total Blue Cross and Blue Shield of Alabama processes more than 60 million claims per year. Foresight, located in Dublin, OH, is the market leader in providing transaction processing solutions within the healthcare industry. Under the agreement, Blue Cross and Blue Shield of Alabama will utilize Foresight’s HIPAA Validator® DeskTop and InStream™ technologies within their transaction processing system. Automating validation and response generation on an enterprise-wide basis, using document splitting based on specific error types, will permit Blue Cross and Blue Shield of Alabama to enforce a consistent set of claims rejection policies. Benefits include: enhanced provider relations, reduced call center traffic, lower technical support costs and fewer paper claims. DeskTop and InStream are members of Foresight's HIPAA Validator family of products, which is widely used within the industry. InStream comes bundled with a wide range of options to customize the validation experience to best fit any partner community. The system provides a choice of reporting options for partners, regardless of their HIPAA knowledge. Using a unique profiling system, the type of edits and strength of edits may also be uniquely customized for groups of partners or for individual organizations. The Foresight InStream technology affords a number of native API/command-line integration options that provide a best fit for any given UNIX or Windows processing system. About Blue Cross and Blue Shield of Alabama Blue Cross and Blue Shield of Alabama is the largest provider of health care benefits in Alabama, providing coverage to more than 3 million people. In addition, through a wholly-owned subsidiary, Cahaba GBA, Blue Cross and Blue Shield of Alabama processes millions of Medicare claims each year and administers both Medicare Part A and Part B programs for Alabama. Cahaba GBA also serves as the Medicare Part B carrier for the states of Georgia and Mississippi and administers Part A Medicare for the states of Iowa and South Dakota. In addition, Cahaba GBA serves as the Regional Home Health administrator for 15 states and the District of Columbia. For more information contact Blue Cross and Blue Shield of Alabama by visiting www.bcbsal.org on the Web. About Foresight Corporation Since 1990 Foresight has provided e-commerce productivity and transaction processing automation solutions to many health care organizations and Fortune 500 companies, and today is the marketplace leader in transaction validation with its HIPAA Validator® family of offerings, including: CommunityManager® (for large community enablement), DeskTop (PC-based), InStream™ (real-time) solutions, and Transaction InSight™ (transaction processing automation). Users of these products include industry leaders such as Aetna, Fairview Health System, Blue Cross Blue Shield (BCBS) of Illinois, BCBS Michigan, BCBS Texas, BCBS Montana, BCBS Rhode Island, BCBS New Mexico, Great West Life, Mayo Foundation, McKesson, Oxford Health Plans, Inc., Preferred Provider of Michigan, Premera Blue Cross, PNC Bank, Veritus Medicare Services, Washoe Health Systems, Inc, and WebMD . For more information, visit the company at www.foresightcorp.com or call 1.888.500.0800. ### Transaction Insight and InStream are trademarks, and CommunityManager, EDISIM, and HIPAA Validator are registered trademarks of Foresight Corporation |
|||