24.01.2005 20:44:00
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Misys Healthcare Systems and UnitedHealth Group Join in Collaborative
Business Editors/Health Editors
RALEIGH, N.C.--(BUSINESS WIRE)--Jan. 24, 2005--Misys Healthcare Systems today announced that it will work jointly with UnitedHealth Group (NYSE: UNH) to provide medical health care professionals a direct link for claims processing, automated payment posting and eligibility checking. This direct link will streamline electronic transaction processing by reducing the amount of time it takes to transmit the transaction from the health care professional's office to UnitedHealth Group. Misys and UnitedHealth Group expect to introduce this service by mid-February.
With the agreement, Misys Healthcare Systems' M Transaction Services business unit, which processes about 400 million electronic transactions per year, has further expanded its direct connections to payers - thus providing Misys' 92,000 physician clients at 18,000 medical practice locations with direct access to UnitedHealth Group. In the past, M Transaction Services transmitted claims to an intermediate company for submission to UnitedHealth Group.
"Collaborating with UnitedHealth Group certainly enhances M Transaction Services' offerings," said Keith Hagen, president of M Transaction Services. "This direct link - which cuts out additional steps between the medical health care professional and the payer - means transactions will go through quicker, claims are less prone to have errors, and reimbursements can be received faster. It's a tremendous win for practices utilizing our services."
"This connection is also a strong testament to UnitedHealth Group's customer dedication," added Tom Skelton, chief executive officer for Misys Healthcare Systems. "They are committed to stronger links between themselves and the medical health care professionals and, with Misys' unique position in the market, we can help them achieve this."
"UnitedHealth Group is committed to providing high quality services that are more affordable, accessible and easier to use. As part of that commitment, we continuously look for ways to improve service and facilitate increased efficiency within the medical professional's business office. Streamlined electronic transactions through multiple channels provides cost savings and promotes flexibility for all health care professionals," said Margaret Doud, director of EDI Operations at UnitedHealth Group.
The agreement between M Transaction Services and UnitedHealth Group covers a variety of claims management services including claims processing, automated payment posting and eligibility checking. Details of the agreement were not disclosed.
About Misys Healthcare Systems
Misys Healthcare Systems, one of the top five healthcare IT companies in North America, develops and supports reliable, easy-to-use software and services of exceptional quality that enable physicians and caregivers to more easily manage the complexities of healthcare. With 25 years of industry experience, Misys currently serves more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals, 600 home care providers and hundreds of commercial laboratories, clinics, managed services and other related organizations. Misys' family of leading clinical products and Web-based technologies - Misys Optimum(TM) solutions - are designed from the ground up to share patient data across all medical care settings. Misys Optimum connects community-based physicians and caregivers to the acute care enterprise, enabling increased efficiencies, better decision-making and improved hospital-physician relations. For more information, visit www.misyshealthcare.com.
About Misys plc
Misys plc, the global software products and solutions company, serves customers in the international banking and securities, international healthcare, and UK general insurance industries. Through a wholly owned subsidiary, Sesame, it also provides business process outsourcing to services to independent financial advisors (IFAs) in the UK. Misys partners with its customers to deliver outstanding IT solutions to essential industries, and employs over 6,000 people internationally. For more information, visit www.misys.com.
About UnitedHealth Group
UnitedHealth Group (www.unitedhealthgroup.com) is a diversified health and well being company headquartered in Minneapolis, Minn., that provides a broad spectrum of resources and services to help people improve their health and well being through all stages of life. UnitedHealth Group offers products and services through six operating businesses: UnitedHealthcare, Ovations, AmeriChoice, Uniprise, Specialized Care Services and Ingenix. Through its family of businesses, UnitedHealth Group serves approximately 55 million individuals nationwide.
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CONTACT: Misys Healthcare Systems Mike Truell, 919-329-1321 mike.truell@misyshealthcare.com or UnitedHealth Group Mark Lindsay, 952-992-4297
KEYWORD: MINNESOTA NORTH CAROLINA INDUSTRY KEYWORD: MEDICAL BIOTECHNOLOGY SOFTWARE PRODUCT SOURCE: Misys Healthcare Systems
Copyright Business Wire 2005
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