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Foresight and Pacific Dental Benefits, Inc. Announce Contract for InStream™

FOR IMMEDIATE RELEASE

Foresight Contact:
Sean Graham, (614) 526-4326
sgraham@foresightcorp.com

PDBI automating new-member validation to reduce enrollment cycle…

Columbus, OH, June 10, 2004 – Foresight Corporation, the leading provider of advanced business solutions for healthcare, and Pacific Dental Benefits, Inc. (PDBI) today announced an agreement to utilize Foresight’s InStream™ technology within PDBI’s transaction processing system to achieve cost savings by reducing the manual effort required to pre-process files.

PDBI, based in Northern California, is recognized as a leading provider of dental plans. Foresight, located in Dublin, OH, is the market leader in providing transaction processing solutions.

Under the agreement, PDBI will incorporate InStream™ technology from Foresight into their new-member enrollment processing system. Automating validation and response generation with InStream will reduce the manual intervention required to pre-process files. Additional benefits are realized by allowing for earlier invoicing and premium receipt by utilizing InStream’s document splitter and passing on valid enrollments for further processing.

Robert Fisher, CEO and President of Foresight, said, “InStream allows the enrollment process to progress with little, or no, manual intervention. Error free enrollment processing is an obvious benefit to reducing the revenue cycle.”

InStream™ comes bundled with a wide range of options to customize the validation experience to best fit any partner community. The system provides a choice of non-compliance options to reach HIPAA smart partners or non-HIPAA literate partners. Using a unique profiling system, the type of edits and strength of edits may also be uniquely customized for groups of partners or for individual organizations. The Foresight InStream™ technology affords a number of native API/command-line integration options that provide a best fit for UNIX and Windows processing systems.

About PDBI

Pacific Dental Benefits, Inc. (PDBI), formed in 1996, resulted from the consolidation of four regional dental plans, Pacific Union Dental (PUD-California, founded 1973), Health Benefits, Inc. (HBI), Nevada Pacific Dental (NPD-Nevada, founded 1982) and Illinois Pacific Dental (IPD-Illinois, founded 1988). PDBI's national capabilities were enhanced with the addition of National Pacific Dental (NaPD, founded 1982 and formerly Spectera Dental) with service areas in the southeast and Mid-Atlantic regions. California, Nevada, Texas, Illinois, Maryland, District of Columbia, Virginia, Georgia, North Carolina and South Carolina are some of the states in which PDBI entities have a presence.

Located in Concord, CA, PDBI employs 240 professional and administrative individuals to support its current business requirements. For more information, please call 800-229-3775 or write us at Pacific Dental Benefits, Inc., 1390 Willow Pass Road, Suite 800, Concord, CA 94520 or www.pdbi.com use the "Contact Us" information available on this website.

About Foresight Corporation

Since 1990 Foresight has provided e-commerce productivity and transaction processing automation solutions to many health care organizations and Fortune 500 companies, and today is the marketplace leader in HIPAA transaction validation with its HIPAA Validator® family of offerings, including: CommunityManager™ (for large community enablement), DeskTop (PC-based), InStream™ (real-time) solutions, and Transaction InSight™ (transaction processing automation). Foresight is proud to partner with many BCBS organizations and payer, facility and provider customers, including Aetna, Fairview Health System, Great West Life, Veritus Medicare Services, Mayo Foundation, McKesson, Oxford Health Plans, Inc., Preferred Provider of Michigan, PNC Bank, and Washoe Health Systems, Inc., as well as Blue Cross Blue Shield (BCBS) organizations including: BCBS of Illinois, BCBS of Michigan, BCBS of New Mexico and BCBS of Texas, and many others. For more information, visit the company at www.foresightcorp.com or call 1.888.500.0800.

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HIPAA Validator is a registered trademark and InStream and CommunityManager are trademarks of Foresight Corporation.

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