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PRESS RELEASES
Intracorp Introduces Electronic Billing Compliance and Automated Payment Processing Capabilities In addition to meeting current customer needs, the move also anticipates growing market demand as more U.S. states adopt electronic billing requirements for workers' compensation processes PHILADELPHIA, July 23, 2009— Intracorp (www.intracorp.com), a leading provider of disability management solutions, today said it is introducing electronic billing and automated payment processing solutions that meet current and pending U.S. state-mandated electronic billing requirements through an agreement with Jopari Solutions, Inc. Intracorp will continue to provide paper-based services for those medical management companies still using more traditional methods. However, the added electronic services will increase a payer's ability to improve claims performance through the use of compliant electronic methods for medical bill submissions, remittance advice and associated electronic fund transfer (EFT) payments. "Intracorp works hard to anticipate customer needs and the new ebilling requirement in a few states, including Texas and Minnesota, is an important trend we're following. We anticipate more states will adopt electronic requirements to incorporate this more efficient means of assuring timely workers' compensation services," said Mark Farrell, president of Intracorp. "Building on Jopari's flexible solutions model allows us to meet the needs of medical management companies of all sizes and offer even more choices to our customers." In addition to immediate operational cost savings intrinsic with electronic systems, customers could also save the expense of creating web site portals for managing transactions. Jopari's services meet Intracorp's rigorous security standards and also support the company's corporate sustainability goals for reducing paper consumption. "Intracorp's needs are not unique. But Intracorp's leadership and early adoption of electronic billing services demonstrate for the rest of the industry how best to prepare for the inevitable changes in state requirements," said J.R. "Steve" Stevens, chief executive officer of Jopari Solutions, Inc. # # # |
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