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GHN-Online Working to Advance Texas eBill Success 11/12/2007 Dallas, TX – GHN Joins the Texas Workers’ Compensation Stakeholder Collaborative; Azadeh Farahmand Will Address eBill Stakeholder Meeting Dallas, TX. — November 12, 2007 — GHN-Online, the healthcare industry’s leading provider of real-time revenue cycle management, today announced it is joining forces with the Texas Workers’ Compensation Stakeholder Collaborative. The Collaborative has been formed to ensure that by January 1, 2008 the Texas Department of Insurance, Division of Workers’ Compensation is compliant with the Health Insurance Portability and Accountability Act (HIPAA) electronic billing requirements. “Workers compensation is the last frontier in the Internet migration of the healthcare industry,” said Azadeh Farahmand, CEO of GHN-Online. “When you consider the fully-loaded cost of a single healthcare claim is $25.00 and the state of Texas processes about 5 million claims per year, the cost efficiencies realized by the Texas eBill will have a phenomenal impact on the State’s bottom line,” continued Farahmand. “Moreover, by mandating eBilling compliance, the State of Texas is a true healthcare pioneer working towards fiscal responsibility through advanced technologies.” Farahmand will speak on behalf of the Texas Workers’ Compensation Stakeholder Collaborative Effort at the eBill Stakeholder Meeting on November 13, 2007 (Austin, TX). The Texas Workers’ Compensation Stakeholder Collaborative is a regional collaborative comprised of representatives from the: medical community and professional associations; payers and third-party administrators; clearinghouses; healthcare IT vendors; Group Practice Management Systems (GPMS); and financial institutions. Collaboratives, which have been formed to address electronic billing (eBilling) implementation issues, execute eBilling rules and processes developed by existing healthcare organizations, the International Association of Industrial Accident Boards & Commissions (IAIABC), and the Workgroup for Electronic Data Interchange (WEDI), which established regional strategic implementation process groups (SNIPs). GHN-Online contributes to the collaborative in its role as a healthcare IT vendor. GHN will provide the end-to-end real-time revenue cycle management technologies and domain expertise, which the Texas Workers’ Compensations Division requires for compliance with Texas eBill mandates. “We are honored to be part of this initiative and to be working with all constituencies that form the Texas Workers’ Compensation Stakeholder Collaborative,” noted Farahmand. About GHN-Online, Inc. GHN-Online, Inc., healthcare’s leading provider of real-time claims management and end-to-end transaction processing solutions, delivered the industry’s first Internet-based preadjudicated claims management tools. HIPAA-compliant and enterprise-class, GHN offers the simplest and fastest claims-to-cash solution, anywhere™. With an open architecture that easily integrates all stakeholders in the healthcare reimbursement model, GHN solutions drive a 100% claims acceptance rate. GHN’s intuitive and format-agnostic capabilities enable instantaneous, complete and accurate electronic claims transactions for thousands of healthcare payers and providers throughout North America. Founded in 1999, GHN-Online is headquartered in Dallas, Texas. For further information contact info@ghnonline.com or call 214.696.5717. URL: www.ghnonline.com. For more information on NPI, please contact GHN at 214.696.5717. PR Contact: Jacquelyn Thrasivoulos, GHN-Online, 508.881.3109, jthrasi@ghnonline.com About GHN-Online |
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