Payerpath and Claredi Announce Partnership

Use of Claredi's in-stream, transaction validation, routing and reporting system, Faciledi, enables Payerpath to expedite claims processing services for its clients

Through the agreement, Payerpath will use Faciledi to automatically assess -- on a claim-by-claim basis -- the payer acceptability of its claims transactions and fully control the disposition of each transaction based on specific payer requirements. In addition, Payerpath will have access to Claredi's extensive collection of payer companion document edits, which cover more than 1,400 payers -- representing an estimated 95 percent of industry claim volume.

"We received our Claredi certification nearly three years ago and share the organization's vision for increasing the use of EDI," says Payerpath CIO Troy Burns. "By utilizing Claredi's Faciledi system, we are able to provide our clients with a quick and more accurate resolution of their health care claims."

"Claredi is extremely pleased to work with Payerpath," comments Lee Barrett, CEO of Claredi. "As a major player in EDI services, we are happy that Payerpath has selected Faciledi to enhance its already impressive range of services," he concludes.

About Payerpath
Payerpath is a provider of Internet-based financial management software applications and related services for healthcare providers, hospitals and payers. The company's comprehensive suite of applications, led by Payerpath Claims Management, address all steps in the reimbursement cycle—from verifying patient eligibility and correcting inaccurate claims to managing remittance and generating secondary billing. Consequently, providers are able to reduce administrative costs and eliminate payment delays for healthcare services resulting from claims denials. For more information, visit www.payerpath.com.

About Claredi
Claredi is a Salt Lake City-based company that pioneered the concept of transaction validation under HIPAA and counts more than 1,200 major healthcare organizations -- payers, providers, clearinghouses and vendors -- among their customers. The company's classic validation methodology has been exclusively endorsed by the American Hospital Association. Today, Claredi provides comprehensive EDI validation (of which HIPAA is only a part) and interoperability management tools to enable healthcare organizations to assess compliance, document due diligence, achieve interoperability with their trading partners, and more efficiently manage the ongoing evolution of their EDI. For more information, visit www.claredi.com.

For Additional Information Contact: