Jacksonville, FL (PRWEB) December 19, 2009
Payformance® Corporation, the nation’s leading provider of healthcare payment solutions, is pleased to announce the addition of Freedom Health and Optimum Healthcare to its Payer Network. Freedom and Optimum offer Medicare Advantage plans in the State of Florida.
Payformance Corporation, founded in 1984, has always delivered payment simplification solutions. Since 2004, the company has been singularly focused on bringing automation to the complex and costly settlement of healthcare claims between the health plan and the provider marketplace.
The healthcare payment process is complex. Payformance’s flagship solution, PaySpan® Health, organizes payment information in easily understood formats. This enables providers and payers to seamlessly access payment related information needed via the PaySpan® Health website. In addition, Payformance simplifies funds transfer and remittance delivery.
“Our provider network has grown an amazing 84% in 2009. Both Freedom and Optimum will benefit through accelerated provider adoption of the electronic payment services offered as a result of our agreement,” said Dwayne L. McAfee, President and CEO of Payformance Corporation.
“Bringing efficiency, innovation, and enhanced service levels to providers is one of our key objectives. We are confident that partnering with Payformance, for Electronic payments and remittance advice, will help us achieve this objective,” said Jigar Desai, CFO, Freedom Health and Optimum Healthcare.
Payformance is the leading provider of payment solutions to meet healthcare payment settlement requirements. Far more than ERA and EFT, Payformance focuses purely on healthcare payments and provides every stakeholder in the healthcare industry with comprehensive solutions that reconcile, correlate, and explain their payment information. The Payformance Healthcare Payment Exchange lays the foundation for unprecedented healthcare payment interoperability. Learn more at http://www.payformance.com.
About Freedom Health
Freedom Health administrates Medicare and Medicaid benefits in numerous counties in Florida. In 2009, it received the Senior Choice Gold Award for Excellence in Medicare Benefits Value from Medicare News Watch. In addition, Freedom Health was ranked the 7th fastest growing company in America by Inc. 500 Magazine in August 2009.
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