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All Press Releases for April 13, 2003 Subscribe to this News Feed    
 

PLEXIS Healthcare Systems, Inc. Announces Record Second Quarter Results

PLEXIS Healthcare Systems announces another record quarter operating results.

FOR IMMEDIATE RELEASE
Contact:
Barry Bowman
bbowman@plexisweb.com
(541) 482-7561, ext. 221

Ashland, Oregon -- April 09, 2003 -- PLEXIS Healthcare Systems, Inc. announced today record operational metrics for their second quarter. Sales are up 225 percent over second quarter sales of 2002. Total system installations are up 60 percent over second quarter last year. Total company assets have increased in excess of 140 percent, due strictly to operations, and staffing has increased 64 percent since second quarter 2002.

PLEXIS Healthcare Systems Claims Manager software was recently ranked number one in functionality for health plans with 50,000 to 350,000 lives in an independent survey of Managed Care Information Systems (MCIS) conducted by the AC Group, Inc. of Houston, TX. Fifteen leading MCIS software vendors were asked to respond to 542 questions covering 30 areas of functionality.

The PLEXIS suite of products provides healthcare organizations with the functionality they need to facilitate accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management, while meeting all present HIPAA compliance requirements.

Jorge Yant, President and CEO of PLEXIS Healthcare Systems, Inc. attributed the record results to hard work by the entire PLEXIS team. We have a very superior software product that has been ranked number one by independent industry experts, and it is supported, in my estimation, by the best team of employees in the healthcare industry. Our excellent product and the hard work of our staff produced these record results," Mr. Yant said.

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 all current governmental regulations, including HIPAA. For more information, please call toll free (877) 475-3947 or visit www.plexisweb.com.


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