RediClinic In-Store Health Clinics To Utilize ClaimGear To
Process Healthcare Transactions
(Orlando, FL – Sep. 15, 2006) - XGear Technologies, Inc., a leading provider of Internet-based ASP practice management and medical billing software for the healthcare industry, announced today that it will process insurance healthcare transactions for RediClinic, a national chain of in-store health clinics through its ClaimGear system.
A reputable medical billing service client of XGear Technologies has signed an agreement with RediClinic in-store health clinics to handle all aspects of insurance and patient billing. XGear interfaced their ClaimGear system with the clinics electronic medical record system to provide automatic delivery of all patient and claim data directly into the ClaimGear system. Once the data is in the ClaimGear system the billing service will review the data for accuracy. After the data is approved, the insurance claims will be sent on to the Payer by XGear. XGear will also provide the clinics with real-time patient eligibility checks, electronic remittance advice, and electronic patient statements.
The RediClinic in-store health clinics are staffed by certified nurse practitioners who work with local physicians to diagnose, treat, and prescribe medications for common medical conditions, such as strep throat and upper respiratory infections. They also administer a wide range of preventive services, including health screenings, medical tests, vaccinations, and basic physical exams. The clinics are open seven days a week and offer extended hours on weekdays. The in-store clinics are opening and operating nationwide in Wal-Mart, Walgreens, H-E-B, and Duane Reade.
“We are all very excited to be handling the healthcare transactions for this national chain of in-store health clinics”, commented Douglas Kegler, Chief Executive Officer of XGear Technologies. “This great news comes on the heels of another great year for us with the 6th consecutive year of double digit growth.”
The combination of our Internet-based ClaimGear system with our billing service client will provide an efficient, reliable, and cost effective solution for the in-store clinics. There are currently a dozen in-store clinics processing transactions through ClaimGear and that number is expected to grow to 145 by the end of 2007 and to 500 by 2009.
About RediClinic LLC
Since 1989, RediClinic (formerly known as InterFit Health) has provided people with easy access to high quality, convenient and affordable healthcare services. Today the company is a national leader in ‘convenient care’ and is the largest provider of retail health screening services in the United States. RediClinic also provides health screenings, flu shots and other health-related services to major employers. For more information, visit www.rediclinic.com. Revolution Health Group, the company created by AOL Co-founder Steve Case, is RediClinic’s largest investor and is providing the capital to support the national rollout of RediClinics.
About Revolution Health Group
Revolution Health Group was established in July 2005 to create the leading comprehensive consumer-centric health company. One of three business groups in the Revolution LLC family of companies, Revolution Health empowers consumers by putting them at the center of the health system, building innovative health-related companies through investments, acquisitions and partnerships. Revolution Health’s strategy is to create businesses and products that provide greater consumer choice, control and convenience in three key healthcare sectors affected by the rapid growth of the Internet and defined-contribution health plans: content; coverage; and care. For more information, visit http://www.revolution.com/health
About XGear Technologies
Headquartered in Orlando, FL, XGear Technologies provides
the healthcare industry with an Internet-based Medical Billing
and Practice Management Software program, ClaimGear, which
has the speed of a local PC application and the "use
anywhere" flexibility of a Web browser application. Through
the Internet and its Java-based system, which utilizes Sun
Microsystems Inc.'s (Nasdaq:SUNW) Java technology, ClaimGear
is giving physician offices and billing services the opportunity
to become more efficient and flexible. For more information,
visit: http://www.claimgear.com or
call 888-348-4309.
Note to Editors: ClaimGear is a trademark of XGear Technology
in the United States. Java is a trademark of Sun Microsystems
Inc. in the United States and other countries.
For more information, please contact us at: 888-348-4309.
Note: As of Apr 26, 2007 ClaimGear has changed to CollaborateMD.