InvestorsHub Logo
Followers 57
Posts 4032
Boards Moderated 0
Alias Born 08/26/2015

Re: janice shell post# 10026

Tuesday, 08/23/2016 5:20:01 PM

Tuesday, August 23, 2016 5:20:01 PM

Post# of 108292
Then I recommend you review post #9966 which goes into detail, IF the way I interpreted it is correct.

Actually, I'll just post some of it for your leisure Janice.


"iMedican is a healthcare project development and management
company holding a proprietary technology that provides
for the instant verification of a patient’s medical insurance.


Here's more:

"In March, 2016, iMedScan entered into an agreement
with Acuant Corporation of Los Angeles, California
to employ its proprietary, hosted scanning
solution on patient’s driver’s licenses and insurance cards.
"


So iMed employed it's technology onto licenses and insurance cards, which will help provide instant verification of a patient’s medical insurance.

Lastly:

"Most recently, in June, 2016, iMedScan
finalized a test program with Change America, formerly Emdeon
Corpoation, utilizing an electronic data interchange for verifying
and validating patients’ health insurance.
“We estimate a fifty (50%) percent net profit recapture from each medical office that adopts our technology,”

Change Healthcare will use iMed's technology for the sake of verifying and validating patients health insurance. THE WHOLE REASON iMed CREATED THIS TECHNOLOGY is to reduce claim denials and loss of profit, among other things.

That could have been figured out just by checking iMed's website, which the link is below:

https://imedscan.com/

This should help un-vague the PR, and answer some of the questions you've been tirelessly posting.