Thursday, November 1st 2007
Rocky Mountain Health Plans Transforms Provider Contracting Processes with Kryptiq’s Choreo Suite
#1 Provider Contract Management Suite Simplifies Contract Creation, Negotiation, and Distribution
Portland, Ore. – November 1, 2007 – Kryptiq, the leading provider of next generation healthcare connectivity solutions, today announced the deployment of Choreo® Contract Manager, Negotiator, and Courier at Rocky Mountain Health Plans. Rocky Mountain joins a growing list of health plans that are achieving measurable benefits from implementing Choreo. The implementation of the Choreo Suite enables the Colorado-based, not-for-profit health plan, which provides medical benefit plans and services to more than 176,000 enrollees, to automate previously outdated manual contracting workflows.
“Choreo has completely transformed our provider contracting processes,” said Dale Renzi, director network and business system development of Rocky Mountain Health Plans. “This implementation has enabled Rocky Mountain to reduce contract cycle times and improve access to vital information, significantly improving our ability to compete in the Colorado market.”
In addition to automating contract creation, Rocky Mountain Health Plans will also use Choreo Courier to improve contract distribution by enabling email-based mass electronic mailings of contracts and other documents. Additionally, Choreo Negotiator will enable secure online negotiations of contracts, limiting costly paper-based correspondence and telephone communications.
“Paper processes and manual workflows are at the heart of today’s unresponsive healthcare system and rising healthcare costs,” said Luis Machuca, president and CEO of Kryptiq. “The technology needed to modernize these workflows and processes is available today, and it is organizations like Rocky Mountain that will help drive fundamental changes in business efficiency and information transparency to reduce waste and costs in healthcare for all Americans.”
About Rocky Mountain Health Plans
Rocky Mountain Health Plans is a Colorado-based, not-for-profit organization that provides medical benefit plans and services to more than 185,000 enrollees. Founded in 1974, Rocky Mountain offers a wide range of options including PPO, HMO, and Health Savings Account-eligible plans. Medical plans can be fully-insured, fully-insured with cost sharing options, or self-funded. Rocky Mountain is the first Western Slope employer to receive the Well Workplace award from the Wellness Councils of America and has a thirty-year history of serving individuals and families, Medicare and Medicaid-eligible persons, and children who receive care under the Child Health Plan Plus program.
For more information, contact Rocky Mountain Health Plans at 800-843-0719 or visit www.rmhp.org.
About Kryptiq Corporation
Kryptiq is the leading provider of next generation healthcare connectivity solutions, enabling healthcare providers and health plans to utilize and share vital information effectively. Kryptiq’s award-winning Connect IQ and Choreo solutions are being adopted by many of America’s top providers, health plans, and leading healthcare IT vendors toachieve new levels of mobility, accessibility, and visibilityto critical information. For healthcare providers, Kryptiq’s Connect IQ product suite revolutionizes collaborative care. Connect IQ establishes the secure connectivity and system interoperability necessary to streamline information sharing among healthcare professionals, their colleagues, and patients they serve. Uniquely designed for health plans, Kryptiq’s Choreo product suite transforms provider contracting and network management processes.Choreo provides the information transparency and process automation necessary to competitively grow and manage provider networks.
Many of the nation’s top health plans and providers rely on Kryptiq and Kryptiq’s strategic partners and relationships such as GE Healthcare, Microsoft, Sage Software, and The TriZetto Group, to improve business results and enhance care. Organizations such as Providence Health System, MedStar Health, Village Health Partners, MeritCare Health System, BlueCross and BlueShield of Minnesota, and The Regence Group turn to Kryptiq’s solutions to improve workflow, gain unparalleled access to information, and foster greater collaboration and communication among health plans, health care providers, and consumers. For more information on the company, visit http://www.kryptiq.com/.
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Racepoint Group
415-694-6705
Amisha Gandi-Lanier
Racepoint Group
415-694-6703
