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PLEXIS Healthcare Systems and Claimsnet.com Form Strategic Alliance

PLEXIS Healthcare Systems 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 PLEXIS Healthcare Systems with Internet-based ASP clearinghouse services. The partnership will offer PLEXIS clients an option for expedited Internet-based claims processing. The Claimsnet.com clearinghouse will provide rapid claims clearing, while the PLEXIS Claims Manager will provide accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management, while helping clients meet governmental regulations.

Ashland, OR (PRWEB) October 30, 2003
(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 PLEXIS Healthcare Systems with Internet-based ASP clearinghouse services. The partnership will offer PLEXIS clients an option for expedited Internet-based claims processing. The Claimsnet.com clearinghouse will provide rapid claims clearing, while the PLEXIS Claims Manager will provide accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management, while helping clients meet governmental regulations.

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 offer this option to our clients," said Jorge Yant, President and CEO of PLEXIS Healthcare Systems. Internet clearing further speeds our already rapid claims processing, and any time you can hasten the reimbursement process, you are enhancing a clients cash flow," Mr. Yant added.

We are pleased to be partnering with PLEXIS," stated Don Crosbie, Chief Executive Officer of Claimsnet.com. We pioneered claims processing via the Internet, so I know that PLEXIS clients will experience speeded claims processing and save significant dollars at the same time," Mr. Crosbie continued.

About PLEXIS Healthcare Systems
PLEXIS Healthcare Systems is a leading payer solutions and claims processing technology company based in Ashland, Oregon. They are one of the fastest growing claims processing companies in the healthcare marketplace and have been developing high-end payer solutions since 1996. PLEXIS Healthcare Systems claims processing tools employ the very latest Microsoft technology and are highly rated by independent healthcare consultants. Their payer solutions enable healthcare organizations to reduce costs, streamline and automate their claims payment and medical case management requirements, increase profitability, enhance customer satisfaction and expand market share, while helping them meet governmental regulations. For more information, please call toll free (877) 475-3947 or visit www.plexisweb.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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