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Healthcare Technology News
Recent Newswire Stories from PRnetwire™ and eNewsChannels.com™
Edited by Christopher Simmons, senior news editor
Healthcare Industry's First Open Business Services Network Crosses $15M Mark
Webify's CTO to Discuss Value of Implementing HIPAA Transactions using
open Web Services Standards at AFEHCT's Annual Conference
AUSTIN, TX - Nov. 18, 2003 /Send2Press Newswire/ -- Webify Solutions
(www.webifysolutions.com), the company that pioneered Business Services
Networks, announced today that its Healthcare Business Services Network
has processed over $15 million in healthcare transactions since its
commercialization in July 2003. Developed for Arkansas Blue Cross Blue
Shield and its Advanced Health Information Network (AHIN) group,
Webify's Business Services Network provides clinics and hospitals with a
direct connect, real-time or batch based alternative to clearinghouses
while driving down healthcare administration costs for both health plans
and providers.
Initial reports from users such as Clopton Clinic in Arkansas suggest
that the Webify Business Services Network is saving over 20% in labor
costs through the direct connection and is reducing problem claim
resolution and payment cycle time from 60-90 days to within 14 days.
"With the rising costs of healthcare, this milestone is a significant
step towards the streamlining of healthcare administrative processes and
costs through our vision of the real-time transaction in the healthcare
industry," said Lang Smith, Vice President and General Manager, Webify
Solutions. "Equally important, the network is helping reduce manual
touch points and solve HIPAA compliance challenges for both Arkansas
Blue Cross Blue Shield and its provider community."
The company also announced that Walt Culbertson, its Chief Technology,
Privacy and Security Officer, will discuss the business value of
implementing HIPAA transactions using open Web services standards at a
panel during the Annual Conference for the Association for Electronic
Health Care Transactions (AFEHCT).
Mr. Culbertson will discuss payer
and provider challenges with HIPAA and provide an update on Webify's
industry-first implementation of HIPAA transactions encapsulated by
advanced Web services standards such as SOAP, WSDL, UDDI, and WSi Basic
Profile 1.0 specification. The panel, titled "Putting Standards to
Work - Added Value Through Innovation," is scheduled for November 20,
2003.
"Industry collaboration is key to accelerating HIPAA implementation and
the AFEHCT Annual Conference is an excellent forum for fostering new
ideas and relationships," said Mr. Culbertson. "Webify Solutions is
privileged to have this opportunity to discuss and present new ideas at
this important healthcare community event."
This year's Annual Conference, being held on November 20-21, 2003 at the
Capital Hilton in Washington DC, is intended to serve as a catalyst for
dialogue around public policy issues facing the healthcare community
around HIPAA implementation. For further information, visit AFEHCT's
website: http://www.afehct.org/newsevents/index.htm .
About Webify Solutions
Webify Solutions pioneered the market for Business Services Networks and
is a leading provider of software for creating on-demand business
networks. Webify Solutions' software connects systems, processes, and
people within and across enterprises, to dramatically reduce costs and
generate new revenue streams. Privately held Webify Solutions is based
in Austin, TX and Mountain View CA, and is backed by premier technology
and financial partners. For details visit http://www.webifysolutions.com
or call 1-866-4WEBIFY.
Organization Website:
www.webifysolutions.com
Source of News:
Webify Solutions Inc.
Texas Business Newswire
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Healthcare Technology Newswire
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