Healthaxis Partners with WorldDoc
Las Vegas, NV October 23, 2007 – Healthaxis Inc. (NASDAQ: HAXS), an innovative provider of technology-enhanced, integrated business process solutions and benefit administration services, announced today its partnership with WorldDoc, Inc., an award winning provider of care management systems for consumers, payers, purchasers and providers of healthcare. Healthaxis is enhancing its current web portal solutions for healthcare payers and their membership by integrating with WorldDoc 24/7, a personal health management system. Now, in addition to Healthaxis’ personal plan management and information tools, users can actively manage their health and explore new cost saving and health improvement opportunities along the entire continuum of care.
Equipped with an NCQA compliant health risk assessment and interactive consumer health tools, WorldDoc’s care management system influences positive behavior change, promotes self-care and decreases members’ healthcare costs. Members consistently report that WorldDoc 24/7 has helped them avoid unnecessary doctor visits, modify their health behaviors, manage their chronic conditions and decrease their health risks.
“We believe that WorldDoc significantly improves our ability to help people manage their healthcare. Integrating our solutions with WorldDoc 24/7 provides insured members the information and tools they need to make better healthcare decisions. The integrated solution also lets employers or payer organizations deliver more effective and efficient interventions and member guidance. Health programs that are personal and sensitive to members’ healthcare status significantly increase member involvement, providing a quicker, higher return on investment to them and their employer sponsors. More and more organizations are seeing that the path to lower medical costs is through implementing programs that promote better health and utilization of the healthcare system. We already have one of our TPA customers using WorldDoc, and now one of our healthplan clients has subscribed for the service and is in the process of implementing it,” said John Carradine, CEO and President of Healthaxis.
Rahul Singal, MD, CEO and President of WorldDoc, said “We are excited to be working with Healthaxis in this new partnership. Healthaxis has built a common infrastructure that allows their customers to quickly deploy the WorldDoc system with integrated claims and eligibility data, leading to a more personal experience for consumers. This streamlines population health management processes, and lets members identify care gaps and opportunities to reduce utilization—saving time, lowering cost and improving health.”
About WorldDoc, Inc.
WorldDoc, Inc. provides an advanced Care Management System for Payers, Purchasers, and Providers of healthcare, improving health and reducing costs. Employing a fully hosted model, WorldDoc offers a suite of fully integrated products. WorldDoc’s products support each other with data and provide synergy effects by integrating medical, prescription and personal health data, contributing to effectiveness and cost savings in the areas of demand and disease management, pharmacy cost containment and disease prevention.
About Healthaxis Inc
Healthaxis (NASDAQ: HAXS) is an innovative provider of healthcare payer solutions. By combining technology and services Healthaxis delivers value to payers and their customers. The company offers fully integrated business process outsourcing and claims administration systems that incorporate advanced technology solutions. Healthaxis' technology is time tested, scalable and offered on an ASP basis. Their Smart Front End® gives payers the ultimate flexibility in network re-pricing delivering to their legacy system a fully edited, clean, pre-priced claim to ensure the highest levels of auto adjudication. Healthaxis’ claims administrations systems technology solutions provide an end to end cost competitive solution for all sizes of payers: enrollment, data capture, administration, claims, customer service, print distribution and web services. For information on Healthaxis products and services, call (800) 519-0679 or visit their website at www.healthaxis.com.
This news release contains forward-looking statements. The forward-looking statements made in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in WorldDoc, Inc.'s Private Placement Memorandum, dated May 22, 2000, as amended.
