FORT WASHINGTON, Pa., Jan. 26, 2021 /PRNewswire-PRWeb/ -- 2021 marks the 40th Anniversary of RAM Technologies, Inc. providing administrative products and services to the health insurance industry. Established in 1981, the supplier of advanced managed care software and services solutions for health plans administering Medicare Advantage and Special Needs plans has grown into an industry leader. RAM's revolutionary offering, Medicare Advantage-in-a-Box, powered by HEALTHsuite Advantage™, provides the lowest risk, quickest to market and most cost-effective path to operational excellence for new market entrants as well as mature health plans in need of modernizing their technology infrastructure.
RAM Technologies, Inc. was incorporated in 1981 as a C-Corporation within the state of Pennsylvania. Until 1995, RAM had been primarily engaged in the design, development and support of customized business auto adjudication software solutions for payers in the healthcare industry. In addition to software, RAM also provided Management Consulting Services to organizations both in and outside of the healthcare industry.
In 1995, RAM Technologies established two distinct divisions, one for Products and another for Services. 1995 also marked the launch of the first of RAM's proprietary products HEALTHsuite, a leading-edge management information system designed for health plan administration.
Fueled by the fire to solve the major disruptions facing Medicare Advantage health plans, in 2015 RAM focused their efforts on developing the premier solution for MA / SNP administration. The decision to focus exclusively on the Medicare Advantage and Special Needs space enabled RAM to make dramatic improvements from both a system and delivery perspective. Beyond providing a world-class enterprise solution to administer Medicare Advantage business, RAM's solution deploys pre-configured, significantly reducing the implementation timeline, eliminating the risk of implementation failure while maintaining the integrity of dates that are so critical to Medicare Advantage plans.
The result of RAM's highly focused efforts, Medicare Advantage-in-a-Box, powered by HEALTHsuite Advantage, has revolutionized the way MA plans go to market and is available as a hosted, BPaaS or on-premise offering. HEALTHsuite Advantage represents the next evolution in Medicare Advantage administration and comes pre-configured to administer 'Original' Medicare. This innovative enterprise offering provides the most robust Medicare Advantage features and functions on the market; including the bi-directional exchange of information with CMS directly from HEALTHsuite Advantage.
Beyond the enterprise capabilities provided by HEALTHsuite Advantage, RAM's web portal product eHealthsuite™ shares the HEALTHsuite Advantage database, enabling providers and members to interact with the health plan in real time through a secure Internet connection.
About RAM Technologies, Inc.:
RAM Technologies is the leading provider of enterprise claims processing system and CMS Integration tools for health care organizations administering Medicare Advantage and Special Needs plans. For almost 40 years RAM Technologies has led the way in the creation of benefit administration software for these programs and continues to enhance their managed care software to meet the needs of a rapidly changing market. RAM Technologies has been recognized on Inc. Magazine's List of Fastest Growing Private Companies and the Philadelphia Business Journal's List of Top Software Developers for their advancements in the creation of comprehensive auto adjudication software for Medicare and SNP administration. To learn more about RAM Technologies' healthcare claims processing solutions call (877) 654-8810 or visit http://www.ramtechinc.com.
Media Contact
Mark Wullert, RAM Technologies, Inc., 12156548810, [email protected]
SOURCE RAM Technologies, Inc.
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