Plexis Healthcare Systems, Inc. and Bloodhound Form Strategic Partnership

Plexis Healthcare Systems, Inc. today announced that it signed a partnering agreement with Bloodhound, Inc., an application service provider specializing in medical claims overpayment protection services and medical billing data analysis. The Plexis and Bloodhound partnership will provide healthcare organizations with a benefits administration solution and overpayment protection service to existing and new Plexis customers.

Ashland, OR (PRWEB) August 27, 2006 -- Plexis Healthcare Systems, Inc. today announced that it signed a partnering agreement with Bloodhound, Inc., an application service provider specializing in medical claims overpayment protection services and medical billing data analysis. The Plexis and Bloodhound partnership will provide healthcare organizations with a benefits administration solution and overpayment protection service to existing and new Plexis customers.

Bloodhound’s ClaimsGuard™ service offers Plexis clients real-time processing in an ASP mode during adjudication, a comprehensive library of open-sourced edits based on national standards, and the most sophisticated technology based algorithms and duplicate logic in the market. The result is savings that other editing systems simply cannot match. Further, ClaimsGuard can be configured on 60 parameters to exactly codify a payer’s reimbursement policies. This increases auto adjudication rates as fewer claims have to pend.

“We are very excited about the partnership with Plexis,” said Bloodhound’s CEO Gary Twigg. “Plexis clients will now be able to seamlessly take advantage of our claims editing service and analytical tools to increase savings and auto-adjudication rates. This partnership will further extend the best in class technology offerings that clients have come to expect from Plexis.”

“In an era of soaring administrative costs, Plexis Healthcare Systems works to establish alliances with partners that will provide substantial benefits to our existing and prospective clients,” said Plexis CEO Jorge Yant. “The strategic alliance between Bloodhound and Plexis provides our clients with an opportunity to take advantage of Bloodhound’s overpayment protection capabilities to improve their bottom line,” added Yant.

About Bloodhound, Inc.
Bloodhound, Inc. provides claims editing and business analytics services to all participants in the claims revenue cycle. Its services, technologies and products combine to offer any payer of claims the most comprehensive solution to preventing overpayment or miscoding of claims. Delivered as an ASP application, Bloodhound’s premier service, ClaimsGuard, enables real time edit processing of claims for accuracy including duplicates, up-coding, re-bundling, and unbundling of codes. Customers engage Bloodhound to improve their profitability, increase auto-adjudication rates, gain insight into provider/payer historical behavior and assist them in building more efficient claims processes. For more information, please visit www.bloodhoundinc.com.

About Plexis Healthcare Systems, Inc.
Plexis Healthcare Systems was founded in 1996 by IT consultants who recognized the difference a truly flexible, cost-reducing solution could make for the industry. By partnering with clients, Plexis developed products to solve real-world needs and help them work smarter. Over time, Plexis software and services have grown and developed from our extensive engagements with clients. Today, almost 75% of company resources go to strategic development. In 2005, Plexis was named the second fastest growing technology company in Oregon. Today, Plexis serves healthcare organizations across the United States as well as international clients. For more information about Plexis, please visit www.plexisweb.com.

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