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FOR IMMEDIATE RELEASE

 

 

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John C. Barrett
Sr. Vice President, Med Advantage
407.282.5131

jbarrett@med-advantage.com

 

 

Med Advantage announces Strategic Alliance Agreement with Enclarity™

AdvantagePoint™ helps to embrace a total solution approach

ORLANDO, FL — June 3, 2006Med 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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