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FOR IMMEDIATE RELEASE
Med
Advantage announces Strategic Alliance Agreement with Enclarity™
AdvantagePoint™
helps to embrace a total solution approach
ORLANDO, FL — June 3, 2006
– Med Advantage, one of the nation’s leading
credentials verification organizations (CVO), today announced that it
has signed a strategic alliance agreement with Enclarity, Inc., an information
management and analytic software company focused on the healthcare market. Med
Advantage, together with Enclarity, will offer AdvantagePoint™, a new product
specially developed by Enclarity just for Med Advantage, via an ASP (application
service provider) service to its customers. AdvantagePoint combines Med
Advantage’s primary source verification services with two Enclarity systems:
ProviderPoint™, which continually optimizes provider data quality inside
provider databases, and NPI Enabler™, which prepares companies for compliance
with the National Provider Identifier (NPI) which is mandatory by May 23, 2007.
“By partnering the newly developed AdvantagePoint, our
clients will be able to be far more efficient,” said John B. Witty, Med
Advantage’s president. “AdvantagePoint, coupled with Med Advantage’s CVO
services, works to solve added problems managed care organizations have been
faced with: cleaning and maintaining their provider databases, as well as
meeting the new NPI compliance. This total approach will provide our customers
with added value that no one else in our industry can offer.”
AdvantagePoint utilizes Enclarity’s ProviderPoint
technology—which has a proven track record with health plans in finding and
fixing the 50 to 70 percent of provider data that is inaccurate—to clean,
enhance and maintain Med Advantage customers’ provider databases on a monthly
basis. The clean provider data will enable Med Advantage’s customers to
optimize their internal business processes that are dependent on accurate
provider data. As a result, they can reduce operating expenses by lowering costs
to process and re-issue manual claims and payments, increase revenue and savings
through improved network penetration, improve customer retention and achieve
higher customer satisfaction results with more accurate provider directories.
After the data has been cleaned, AdvantagePoint uses Enclarity’s NPI Enabler technology,
which crosswalks NPI numbers to the appropriate provider record, helping to
prepare Med Advantage customers for NPI compliance.
“We are delighted to be associated with Med Advantage, the
largest privately owned Credentials Verification Organization in the nation,”
said Sean Downs, Enclarity president and CEO. “With AdvantagePoint, Med
Advantage customers can have a competitive advantage by combining Med
Advantage’s CVO service with an easy, automatic technological solution to the
problems of bad provider data, and preparing for the requirements of NPI
compliance.”
Med Advantage
and Enclarity will be at the Institute 2006, Annual meeting of America’s
Health Insurance Plans (AHIP), in San Diego, June 7-9.
About
Med Advantage
Med
Advantage is the largest privately owned Credentials Verification Organizations
(CVO) in the nation, providing credentialing services to managed care
organizations and managed behavioral healthcare organizations in all 50 states,
the District of Columbia, and The Commonwealth of Puerto Rico. With over
thirteen years as a leader in the credentialing arena, Med Advantage has
established one of the largest national databases with one million medical
practitioners and six million verifications. The company currently maintains
certification from the National Commission on Quality Assurance (NCQA) and
accreditation from URAC.
For
more information about Med Advantage, please visit www.med-advantage.com.
About
Enclarity
Enclarity
brings new solutions to fight an old problem for healthcare and insurance
payers: provider data errors. The company’s software uses advanced analytics
and proprietary technology coupled with a massive referential database and
telephone verification to clean provider files, assuring the data is accurate
and current, increasing the productivity and profitability of our customers.
From
keeping provider records correct and up-to-date with integrated solutions to
helping businesses prepare for the National Provider Identifier mandates,
Enclarity dramatically improves the integrity and reliability of healthcare
data.
Enclarity,
Inc. is a privately held company headquartered in Aliso Viejo, California. For
more information, visit
www.enclarity.com.
Better provider data.
Right now.™
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