Foresight saves customers time and resources…

Columbus, Ohio (November 4, 2004) – Foresight Corporation, the leading provider of automated transaction processing for healthcare, announced that it has captured the most-often used specifications required by healthcare payers and has made them available to Foresight customers in machine-readable format. In addition, Foresight will add to its growing collection of payer-specific Companion Guidelines on an as-requested basis. These services, free of charge to Foresight customers, will end the requirement to glean edits from word documents, or to reformat and submit this information in vendor-specific formats.

“Since Foresight products are used by most of the major healthcare payers, we were able to accumulate a wide range of public companion guides and make them available to our customers. By eliminating the need to refit guidelines into spreadsheets or to perform other additional programming, we help all parties to save time, cost and resources,” explained Robert Fisher, Foresight CEO.

By acquiring these pre-built, machine-readable versions of common Companion Guidelines, Foresight customers will be able to make rapid automated comparisons with other versions and companion guides, generate test data, and publish the companion guides instantly through an integrated set of tools. Based on Foresight’s popular EDISIM® technology, Foresight will also provide Companion Guides in Standards Exchange Format (SEF) for direct use in HIPAA Validator® DeskTop and InStream® to allow validation against both HIPAA guidelines and payer-specific edits in a single pass.

About Foresight Corporation

Since 1990 Foresight has provided e-commerce productivity and data validation solutions to many health care organizations and Fortune 500 companies, and is the marketplace leader in transaction automation. Foresight offers a rich portfolio of integrated capabilities including business activity monitoring, real-time validation and document splitting, partner communications portals, success metrics, form rendering and correction, proactive and event-driven alerts, and large community enablement. Foresight is proud to partner with 25 of 40 BCBS organizations, plus many payer and provider customers, including Aetna US Healthcare, Anthem, Fairview HealthServices, Great West Life & Annuity Insurance Company, Highmark, Inc., Mayo Foundation, McKesson, Oxford Health Plans, Inc., Premera Blue Cross, PNC Bank, and Washoe Health Systems, Inc., and many others. For more information, visit the company at www.foresightcorp.com or call 1.888.500.0800.

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

FOR IMMEDIATE RELEASE

Media Contact:
Paige Sargent, (919) 277-1162
psargent@fwv-us.com

Back to Portfolio News