Tuesday, September 26th 2006
CareSource Selects Kryptiq Contract Management Solution to Expand Services in Ohio
Largest and Fastest Growing Medicaid Managed Care Plan Expedites Services While Meeting State Regulatory Compliance Requirements
PORTLAND, Ore. – September 26, 2006 – Kryptiq Corporation, the leader in health plan contract management solutions, announced today that CareSource Management Group, a leading public-sector managed care services company based in Ohio, has purchased Kryptiq Guardian™ Contract Manager and Guardian Publisher to streamline the ongoing state-directed expansion of managed Medicaid services in Ohio. Serving more than 460,000 lives in Ohio alone, CareSource is deploying Guardian to grow its network in new markets.
As a result of the expansion, CareSource faces meeting tight timeframes to provide services to a growing population of underserved Medicaid recipients. According to Michael Knellinger, chief information officer at CareSource Management Group, “States set very aggressive schedules to build provider networks that typically force an organization to work exclusively on that process for several months. With Guardian, we can create a thousand contracts with a few clicks in minutes and get them out the door.”
Guardian Contract Manager is an end-to-end contract management solution designed specifically for health plans. Guardian enables health plans to automate the entire contract lifecycle from contract creation to post signature, allowing organizations to better manage resources and data and reduce the possibility of lost or misplaced information. The Publisher module extends the power of Guardian Contract Manager by automating and streamlining interdepartmental workflow while addressing the need for tighter reporting and communication.
“Guardian enables health plans to build networks quickly, effectively and efficiently,” said Luis Machuca, president and CEO of Kryptiq. “The growing demand for expanding Medicare and Medicaid managed healthcare is driving recognition for solutions such as Guardian that provide immediate and tangible benefits for health plans and the lives they serve.”
About Kryptiq Corporation
Kryptiq is the leading provider of interoperability and workflow connectivity solutions for healthcare. Kryptiq streamlines healthcare communications among patients, providers, pharmacies and payers with secure messaging, electronic prescribing, disease management and contract management technologies. By integrating these solutions with existing systems and applications, Kryptiq enables the trusted transport of health information where and when it is needed. Kryptiq’s fast-growing customer base includes many of North America’s top 100 integrated health networks, spans 48 states plus Washington, D.C. and includes well-known providers and payers such as Providence Health System, Capital Region Healthcare, MeritCare Health System, Eastern Maine Healthcare, BlueCross and BlueShield of Minnesota and Northwest Permanente. For more information on the company, visit www.kryptiq.com.
About CareSource Management Group
CareSource Management Group offers a full spectrum of services for the administration of public-sector health care programs. Among these services are general administration, including claims processing, case and medical management, provider relations, decision support informatics, quality improvement, and regulatory compliance; member services, including a member call center and 24-hour nurse advice line; and financial consultation and turnaround.
CareSource Management Group also provides services to nonprofit managed care plans that serve more than 460,000 Medicaid consumers in Ohio and more than 80,000 Hoosier Healthwise consumers in Indiana. The company also administers Community Choice Michigan, a nonprofit managed care plan serving more than 48,500 Medicaid consumers in Michigan. For more information about CareSource Management Group, visit www.csmg-online.com.
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Lisa MacKenzie
MacKenzie Marketing Group
(503) 225-0725
www.mackenzie-marketing.com
