Preferred Medical Claim Solutions ("PMCS") (www.pmcsonline.com), "The Leader in Medical Claim Settlement", and MultiPlan, Inc., ("MPI") (www.multiplan.com) mutually announce they have finalized a multi-faceted business-to-business partnership that is immediately beneficial for clients of PMCS and MPI. Effective immediately, PMCS will have access to the complete provider network of MPI on behalf of PMCS clients enrolled into PMCS' Advance Funded Provider programs. At the same time, MPI clients will now have access to the providers associated with PMCS in addition to the utilization of the electronic data interchange ("EDI") developed by PMCS that seamlessly transmits out-of-network claims directly to PMCS for negotiations.
Al Szabo, Senior Vice President stated, "MPI is very excited about the possibilities PMCS provides for their clients to utilize the EDI connectivity offered by PMCS. Prior to the PMCS EDI connectivity, clients of MPI forwarded their provider claims via mail, faxing or through our on-line claim submittal systems or through direct EDI connectivity with MPI or other EDI vendors. This new relationship will allow PMCS clients to relay claims to both PMCS and MPI without having to manage multiple EDI relationships. In addition, PMCS offers an opportunity for MPI's contracted providers to improve cash collections by receiving payment more promptly on claims from PMCS that historically have the longest time to payment by payers."
Paul F. Caliendo, President/CEO of PMCS committed its corporate staff and resources, in order to accelerate this innovated marketing approach on behalf of those clients wishing to manage their high costs of out-of-network claims. Mr. Caliendo stated, "PMCS understands the magnitude of this arrangement with MPI and we are honored by MPI's decision to select PMCS as a partner".
About MultiPlan, Inc.
MPI is one of the oldest and largest healthcare networks in the nation. Our ongoing success is based on meeting the changing healthcare needs of an increasingly demanding nation, as healthcare costs increase and the population ages. MPI continues to lead the way in finding new tools to provide quality healthcare at a reasonable cost for the nearly one in ten Americans who have access to MPI networks. MPI's healthcare Network currently includes more than 3,3 00 acute care hospitals, more than 50,000 ancillary facilities and more than 400,000 practitioners. This network serves all 50 states, the District of Columbia and Puerto Rico.
About PMCS
Preferred Medical Claim Solutions (PMCS) assists payers, provider and patients in reducing the costs associated with out-of-network claims. PMCS’ HIPAA compliant EDI accelerates the efficiency of the adjudication and payment process with a fully customizable solution assuring the most appropriate channel of settlement. Read more about Preferred Medical Claim Solutions
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