A&G Healthcare Services and Claimsnet.com Form Strategic Alliance

A&G Healthcare Services and Claimsnet.com (OT CBB: CLAI.OB) announced recently they have formed a strategic alliance that will reduce costs and speed claims processing for clients. Claimsnet.com will provide A&G Healthcare Services with Internet-based ASP clearinghouse services.The partnership will offer A&G Healthcare Services clients an expedited and cost-saving claims processing solution. The Claimsnet.com clearinghouse will provide rapid claims clearing, while A&G Healthcares i-Trex process will provide repricing of the claims and significant cost savings to clients.

Dallas, TX --PRWEB) September 9, 2003 -- A&G Healthcare Services and Claimsnet.com
(OT CBB: CLAI.OB) announced recently they have formed a strategic alliance that will reduce costs and speed claims processing for clients. Claimsnet.com will provide A&G Healthcare Services with Internet-based ASP clearinghouse services.The partnership will offer A&G Healthcare Services clients an expedited and cost-saving claims processing solution. The Claimsnet.com clearinghouse will provide rapid claims clearing, while A&G Healthcares i-Trex process will provide repricing of the claims and significant cost savings to clients.

A&G Healthcare Services is a national leader in providing cost containment strategies. The company recently made significant investments in its IT infrastructure, allowing state-of-the-art processing for electronic claims. Their PPO repricing services are marketed under the brand name of i-Trex (Integrated Transaction Repricing Exchange). Repricing and electronic processing of primary and secondary PPO claims provide clients with many workflow efficiencies and significant dollar savings.

Claimsnet.com offers a highly secure connection and scalable Internet architecture that speeds deployment and minimizes expenses associated with claims submission and claims payment. Internet claims submission improves billing and collections by eliminating the traditional lag time between claims submission and payer acceptance. Claimsnet.com services feature immediate claims submission to virtually all payers, patient billing statement automation, and eligibility and referral services.

We are very pleased to be part of this strategic alliance," said Norman Payson, Chairman, Founder and CEO of A&G Healthcare Services. With A&Gs PPO claims repricing and the Claimsnet.com clearinghouse, our clients can now take advantage of front-end discounts, scanning and imaging (OCR), rapid claims clearing, and our mailroom functionality. This alliance will truly benefit our clients," Mr. Payson added.

We are also happy with this partnership," stated Don Crosbie, Chief Executive Officer of Claimsnet.com. We pioneered claims processing via the Internet, so I know that clients will experience speeded claims processing and save significant dollars at the same time," Mr. Crosbie continued.
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About A&G Healthcare Services
A&G Healthcare Services, headquartered in Plano, TX, is a medical cost containment company serving more than 600 payor organizations by providing repricing and fee negotiation services for claims that have been determined to be out-of-area or network. A&G also owns and operates a national travel wrap PPO network named Amera-Net which provides superior coverage for payor clientele members. A&G provides its clients with a complete suite of services that include membership ID card fulfillment to insure proper steerage with logos placed on each individual membership card. A&G has served the healthcare payor market for over eight years. For more information, please call Crystal Siewinski at (972) 312-8589 Ext. 138, Crystals@aghealth123.com or visit http://www.aghealth123.com.

About Claimsnet.com
Claimsnet.com is a leading provider of Internet-based, business-to-business solutions for the healthcare industry, including distinctive, advanced ASP technology for online healthcare transaction processing. Headquartered in Dallas, Claimsnet.com offers systems that are distinguished by ease of use, customer care, security and measurable cost advantages. More information on Claimsnet.com can be found at the companys web site at www.claimsnet.com.

Safe Harbor Statement Under the Private Securities Litigation Act 1995 - With the exception of historical information, the matters discussed in this press release are forward looking statements that involve a number of risks and uncertainties. The actual future results of the company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to, maintaining access to external sources of capital, regulatory actions, success of marketing strategies, actions of the Companys competitors, dependence on suppliers and distribution channels, and continued use of the Internet. Further information on the Companys risk factors is contained in the Companys quarterly, annual, and other periodic reports as filed with the Securities and Exchange Commission.

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