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Top Malaysian Insurance Company Selects PLEXIS to
Accommodate Aggressive Growth Strategy
PLEXIS chosen over Trizetto, McKesson and Genelco because of cost-effectiveness, functionality and flexibility.
Ashland, Oregon -- November 13, 2002 -- http://www.plexisweb.com">PLEXIS Healthcare Systems, Inc. announced today that Hong Leong Assurance Berhad (HLA), one of the largest companies in Malaysia, with over 200 lines of business and a total workforce of about 35,000 people, has purchased its core claims processing software, PLEXIS Claims Manager. HLA, headquartered in Kuala Lumpur, is a licensed composite insurance company that was incorporated in December, 1982. It is a fully owned subsidiary of Hong Leong Credit Berhad, a publicly listed company on the Kuala Lumpur Stock Exchange.
Over the years, HLA has consistently performed and strengthened its position in the insurance industry and is now one of the largest insurance companies in Malaysia. The company selected the PLEXIS' suite of products to help them facilitate accurate and automatic claims adjudication, referral authorizations, benefit administration and contract management.
"With the help of Arthur Andersen, we conducted an extensive search of both local and international information technology vendors, including several large American companies, who had strong core development backgrounds in the managed care area," said Loke Heng Fatt, General Manager, Healthcare Division at Hong Leong Assurance Berhad. "We were searching for a flexible claims processing system that would accommodate our planned growth, and after careful evaluation of all the systems' functionality, we chose PLEXIS Healthcare Systems. We looked at systems from Singapore, the Philippines and all the major American players such as Trizetto, McKesson, and Genelco. We were impressed with the functionality and flexibility of Claims Manager and the responsiveness of the PLEXIS team. We also determined that the system was the most cost-effective solution for our claims processing needs," Mr. Loke continued.
"We were very pleased that HLA chose the PLEXIS Claims Manager after their extensive search. It is always gratifying when a company with HLA's status chooses your product, but when you win in an international competition, it's even more satisfying. We are certain that our partnership will enhance HLA's effectiveness, productivity and speed in their claims processing operation. PLEXIS has aggressive plans to expand our presence in the Far East region and this is our first step towards achieving that goal," said PLEXIS President and CEO, Jorge Yant.
About Hong Leong Assurance Berhad
Hong Leong Assurance Berhad (HLA), headquartered in Kuala Lumpur, is one of the top insurance companies in Malaysia. HLA, in business since 1982, is a licensed composite insurance company. It is a fully owned subsidiary of Hong Leong Credit Berhad, a publicly listed company on the Kuala Lumpur Stock Exchange. Over the years, HLA has consistently performed and strengthened its position in the insurance industry and is now one of the largest insurance companies in Malaysia. For more information visit http://www.hla.com.my">www.hla.com.my.
About PLEXIS Healthcare Systems
PLEXIS Healthcare Systems, Inc., a healthcare technology company based in Ashland, Oregon, has been developing high-end claims processing software for the Windows platform since 1996. PLEXIS Healthcare Systems provides advanced technology tools that enable healthcare organizations to streamline and automate their claims payment and medical case management requirements. For more information, please call toll free (877) 475-3947 or visit http://www.plexisweb.com">www.plexisweb.com.
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