Payerpath, A Misys Company Passport

Payerpath Partners with Passport Health Communications to Provide Claims Management Solutions

Migration of Passport's claims management clients enables Payerpath to expand Its customer base, allows Passport to focus on core business growth
Richmond, Va. and Franklin, Tenn. (January 10, 2005)—Payerpath Inc., a leading provider of Internet-based financial transaction solutions for healthcare providers, hospitals and payers, and Passport Health Communications, Inc.®, a leading healthcare information technology company, today announced that Payerpath will assume responsibility for providing claims submission services to Passport's ClaimSource clients.

"Our goals revolve around providing state-of-the-art technology and information solutions that improve a healthcare provider's revenue cycle," said Keith Ely, President for Passport Health. "Through our ongoing product development reviews, as well as feedback from clients and prospects, we identified significant growth potential in other areas of our core business, which created the need for greater focus and resources. We felt it was critical, however, that we continue to provide a long-term claims management solution to our existing clients."

"We chose Payerpath because we truly feel they are the best claims management partner for our clients," Ely added.

Payerpath's suite of Internet-based claims management products and services focus on each step of the revenue cycle. The company's flagship product, Payerpath Claims Management, offers providers an easy-to-use, secure method for electronically submitting claims to payer organizations. Payerpath's other products and services include address eligibility verification, remittance posting, secondary billing and claims status.

"Passport Health has been a competitor for many years and we are honored that they selected us as the claims management partner for their customers," said Jim Brady, CEO and president for Payerpath. "We are excited about having the opportunity to serve the Passport Health customer base, and look forward to meeting their claims management needs with our comprehensive solution."

All existing ClaimSource users will be granted a transition period. In the interim, Passport will continue to operate the ClaimSource solution and provide customer support.

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 Passport Health Communications
Passport Health Communications, Inc., headquartered in Franklin, TN is a national healthcare technology and information solutions provider. We connect our customers – 1,200+ hospitals, 1,500+ physician clinics and outpatient centers – with real-time access to payer and patient information to facilitate and improve their revenue cycle process. We are committed to providing quality data through innovative technology and information solutions and unsurpassed customer support.

Passport has been named as one of Healthcare Informatics Top 100 Healthcare Companies by Revenue and Inc. 500's (ranked 120th) Fastest Growing Private Companies. For more information regarding Passport Health Communications and its services, please visit us at www.passporthealth.com.

For Additional Information Contact:

For Payerpath - Brian Parrish
bparrish@dodgecommunications.com
770-663-6343, ext. 226
For Passport - Jennifer LeMieux
Jennifer.lemieux@passporthealth.com
615-261-2603