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MedCom USA Signs Contract With Delta Dental Arizona to Promote the MedCom System to Their Dental Network
Arrangement Includes Establishment of Direct Connectivity for Benefit Verification for the Plan Members
Aug 9, 2005 7:30:00 AM
SCOTTSDALE, Ariz., Aug. 9 /PRNewswire-FirstCall/ -- MedCom USA, Inc. (OTC Bulletin Board: EMED), a leading provider of HIPAA compliant dental, healthcare and financial transaction solutions for the healthcare and dental industry is pleased to announce a partnership with Delta Dental of Arizona (Delta Dental) to promote its Point of Service (POS) System.
The MedCom system for dentists includes 50 payers and plans which provide real-time benefit verification and payment transaction processing in the dental office. In addition to benefit verification, MedCom offers a complete suite of self-pay financial services including credit card, debit card, check processing and patient easy-pay options. These enhancements increase dental office efficiencies in claims submission and other practice functions which translate to operational cost savings.
Bill Williams, President and CEO, MedCom USA stated, "When we first introduced our dental program, three months ago, one of our objectives was to expand our carrier offerings to give greater value to dental clients. Our partnership with Delta Dental Arizona has helped accelerate those objectives. As the number one dental insurer in Arizona, they cover more than 500,000 lives and possess the largest dental provider network with which to service those patients. The software application provided by MedCom will complement the efficiencies of those providers and the premier customer service which their patients are accustomed to receiving."
About MedCom USA, Inc.
MedCom USA, Inc. (OTC Bulletin Board: EMED) provides innovative solutions for electronically processing HIPAA compliant transactions within the Healthcare and Dental industry. MedCom USA provides a terminal based service package and a compatible Web Portal add-on for physicians, clinics and hospitals and dentists that include the following services: Patient Eligibility, 100% Paperless Claims Processing, Electronic Referrals, Patient Easy Pay, Credit/Debit Cards, Check Guarantee, Accounts Receivable Financing. www.medcomusa.com.
About HIPAA
Health Insurance Portability and Accountability Act of 1996 that requires health providers and health plans to adopt standards for electronic administrative and financial transactions.
Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although MedCom USA, Inc. management believes the expectations reflected in such forward-looking statements are based on reasonable assumptions; it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in MedCom USA, Inc.'s SEC reports, including the company's most recent 10-K and subsequent 10Q-s.
SOURCE MedCom USA, Inc.
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Kent Barghols of MedCom USA
+1-515-276-1180
BARGHOLSB@MSN.COM
AI
