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Transaction Processing Agreement between MedCost and RealMedCustomers are offered a direct connection to MedCost an organization in the Carolinas that will improve the automated transactions and increase administrative efficieny of the RealMed network.This direct connection will help optimize the electronic transactions of the various customers of both MedCost and RealMed. This Transaction processing agreement will be effective from November 1st 2006, This agreement is key to the fortunes of both Med Cost which is a leading health management innovator and RealMed which is a revenue cycle Management company. Real Med (www.realmed.com) has pioneered the development of real-time claims adjudication in 2000. This enabled customers to submit claims and receive instantaneous adjudication results from select Blue Cross and Blue Shield plans. This has enable RealMed to establish itself and its clients range from prestigious medical centers to one doctor facilities. Through web based service you can conduct claim processing transactions, automated eligibility check and related services. The benefits are faster payments from payers and patients, improved administrative efficiency and uniformity of process. MedCost, LLC is one of the largest independent health management innovator in the Carolinas. Med Costs comprehensive network covers the whole of north and south Carolina. Their partners are more than 100 claim administrators. These serve the PPO and health management customers. The director of Managed care operation for MedCost has been of the view that the partnering with RealMed will enhance the value of their network or preferred providers in addition to the innovative connectivity solution for mutual customers. |
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