(BSNS WIRE) Healthaxis to Provide National Internet Sales Portal For Blue C Healthaxis to Provide National Internet Sales Portal For Blue Cross and Blue Shield Association
Business Editors/Health & Medical Writers
EAST NORRITON, Pa. & IRVING, Texas--(BW HealthWire)--May 29, 2001- Healthaxis Inc. (NASDAQ:HAXS), announced today that it had signed a three-year agreement with the Blue Cross and Blue Shield Association for the implementation of a national Internet sales portal. With Healthaxis technology in place, individual consumers and small group employers throughout the United States will be able to access a single Internet portal quickly and simply through the Blue Cross and Blue Shield Association website, www.bcbs.com. By entering a small amount of information, their request for service will be quickly directed to the appropriate local Blue Cross and Blue Shield company. "We hope to give our individual and small business customers more options as they shop online," said Rich Lange, managing director of business Internet communications for the Blue Cross and Blue Shield Association. James W. McLane, President and CEO of Healthaxis, envisions the relationship between Healthaxis and the Blue Cross and Blue Shield Association to be consistent with our vision for all of our customers. "We hope to enhance customer experiences through ePowering healthcare connections. We are in business to facilitate seamless customer interactions, improve productivity, and create competitive advantages for our customers through the development and implementation of state-of-the-art software solutions." The Blue Cross and Blue Shield Association is composed of 45 independent, locally operated Blue Cross and Blue Shield Plans that collectively provide health care coverage to 80 million - more than one in four - Americans. For more information on the Blue Cross and Blue Shield Plans, visit www.bcbs.com.
About Healthaxis
Healthaxis develops and implements state-of-the-art software solutions for healthcare benefits administration and distribution. These solutions reduce costs, improve productivity, promote efficiency, and enhance customer service. Healthaxis develops innovative solutions that offer businesses in the healthcare industry strategic advantages by quickly and efficiently connecting payers, providers, administrators, brokers, employers, and consumers (members/patients/employees). Healthaxis technology solutions enable customers to remain compliant with evolving federal regulations such as HIPAA. Healthaxis products and services support customers by easily integrating flexible Internet-based applications - matching the customer's way of doing business with the demands of the Internet marketplace. Healthaxis Inc. (NASDAQ:HAXS) - For investor information, call (610) 275-3800. For information on Healthaxis products and software solutions call (800) 519-0679 or visit www.healthaxis.com. Healthaxis, e-powering healthcare. Note on forward-looking statements: All statements, trend analyses and other information contained in this release and elsewhere (such as in filings by Healthaxis Inc. with the Securities and Exchange Commission, press releases, presentations by Healthaxis Inc. or its management or oral statements) relative to markets for Healthaxis' products and trends in Healthaxis' operations or financial results, as well as other statements including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "should," "could," "goal," "target," "designed," "on track," "comfortable with," "optimistic" and other similar expressions, constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those contemplated by the forward-looking statements. Such factors include, among other things: (1) general economic and business conditions, including changes in purchasing patterns, prevailing interest rate levels, stock and credit market performance and health care inflation, which may affect (among other things) Healthaxis' ability to sell its products and have access to capital resources; (2) Healthaxis' ability to achieve anticipated levels of operational efficiencies; (3) customer response to new products, distribution channels and marketing initiatives; (4) changes in the Federal income tax laws and regulations; (5) increasing competition in the sale of software solutions for the healthcare industry; (6) regulatory changes or actions, including health care regulation affecting the health insurance industry and software solutions products related to this industry; (7) actions by rating agencies and the effects of past or future actions by these agencies on Healthaxis' business; and (8) the risk factors or uncertainties listed from time to time in Healthaxis' filings with the Securities and Exchange Commission.
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CONTACT: Healthaxis Inc. Steven M. Kaplan, 610/275-3800 skaplan@healthaxis.com
KEYWORD: PENNSYLVANIA TEXAS INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS INTERNET MEDICAL SOFTWARE
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