Claimsnet Partners with N.Y.-Based Customer for Electronic, Paper Claims Processing Services

September 8, 2004

Claimsnet.com inc., a provider of Internet-based ASP electronic claim processing solutions for the healthcare industry, announced
that a non-profit Managed Long Term Care Plan has elected to use Claimsnet’s system and services.

This Health Plan serves members in the New York Metropolitan area and allows frail elderly and disabled adults to stay in their own homes as long as possible, while they receive high quality comprehensive care. They also have access to a wide array of social and therapeutic activities at modern Day Health Centers.

The Health Plan will use Claimsnet’s Internet-based system and clearinghouse services to allow submission of health insurance claims from the providers throughout their network.

They will also use Claimsnet new service offering allowing paper claim conversion in addition to electronic claims submission.

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