Third-Party Administrators Turn to Global Claim Services for Cost-Containment Services

Global Claim Services (www.globalclaim.com), a leading cost-containment company specializing in out-of-network claims, reports a record number of third-party administrator (TPA) customers to its growing roster of healthcare payer clients.

SALT LAKE CITY - Nov. 20, 2002 - Global Claim Services (www.globalclaim.com), a leading cost-containment company specializing in out-of-network claims, reports a record number of third-party administrator (TPA) customers to its growing roster of healthcare payer clients.

TPAs represent an important growth segment for Global Claims," explains John Flanders, CEO of Global Claims Services. Because they focus on insurance administrative functions and utilization review for organizations that fund health benefits, TPAs clearly recognize the significant benefits that our fee negotiation and U&C repricing services bring to the table. Our new TPA clients are a testament to Global Claims ability to provide all levels of the payer marketing including HMOs and insurers, with effective cost-containment strategies."

Global Claim Services New TPA clients include:

·         Managed Med, Greensville, SC
·         ASR Corporation, Grand Rapids, MI
·         Benefit Source, Monroe, MI
·         Penn Western, Greensboro, NC

Global Claim Services develops proprietary pricing databases and uses them to provide usual and customary repricing services for inpatient, outpatient and professional claims. Outpatient Payment System (OPS), the companys repricing tool, recently received a favorable review from Milliman USA, a 35-office international consulting and actuarial firm.

Global Claim Services is a healthcare cost-containment company specializing in out-of-network claims. The company performs clinical and financial retrospective claim reviews and negotiates final settlements with healthcare providers on behalf of the payers of healthcare claims. By helping to settle claims better, faster and more economically, GCS delivers bottom-line, double-digit savings and creates valuable goodwill for its customers. Founded in June 1998, GCS has offices in both Frederick, Md., and in Salt Lake City. For more information, see www.globalclaim.com.