Changing Market Forces Drive POMCO Group to Choose HealthEdge’s Award-Winning HealthRules Technology Platform
HealthRules’ advanced configurability enables POMCO to provide highly customized, cost-effective benefit solutions
Burlington, MA, June 9, 2010—HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, today announced that Syracuse, N.Y.-based POMCO Group (POMCO) has selected the patented HealthRules product suite to enable them to proactively develop strategic, innovative health benefit products and services for their self-insured client base. POMCO, one of the nation’s largest independent professional benefits administrators, specializes in optimizing benefits for their 450,000 members while reducing administrative costs.
"We seek out partners and technologies that can help us deliver customized, client-focused solutions and exceptional service – we don’t offer cookie-cutter plan design," stated Don Napier, POMCO senior vice president and COO. "HealthRules’ real-time configurability and advanced capabilities will significantly reduce the time and costs associated with providing the next-generation products and services that our clients require. We are thrilled to be partnering with HealthEdge, and we are extremely impressed that the implementation of the HealthRules products can be accomplished without any interruptions in service."
Napier added, "Many of our clients are being challenged as never before by changing market dynamics such as the recession, an aging workforce, and new regulations and laws including the healthcare reform mandates. HealthRules will provide us with a new level of business agility that will enable us to translate these many potential challenges into opportunities to truly differentiate ourselves in the market."
The HealthRules product suite also:
- Has already achieved ICD-10 compliance, thereby eliminating the massive business disruption and costs associated with the looming conversion from ICD-9 to ICD-10 in 2013;
- Offers instant access to detailed, personalized coverage, claims and billing information, reducing time-consuming, costly and frustrating calls to customer service representatives;
- Increases transparency and efficiency by allowing everyone involved in the healthcare delivery cycle to collaborate, resulting in better-informed decisions; and
- Provides robust business intelligence features, including integrated analytics and reporting, dramatically improving business transparency.
"POMCO Group has earned a well-deserved reputation as a market leader based on their innovation, customer service and overall excellence," said HealthEdge CEO Rob Gillette. "We are proud that they have selected the HealthRules platform to enhance their claims and benefit administration, increase operational efficiencies, improve customer service and decrease their administrative costs. We are looking forward to helping them achieve their goals."
About POMCO Group
POMCO Group is one of the nation's largest independent professional benefits administrators. Established in 1978, the company is composed of specialized divisions with expertise in benefits administration, risk management administration and business outsourcing. POMCO assembles best-in-class services to offer clients comprehensive, cost-effective solutions and exceptional service.
About HealthEdge
HealthEdge provides the only modern, enterprise-class software platform for healthcare payors. Using the patented HealthRules® software suite, health plans, health insurance companies and other payors can finally respond to new business opportunities and market changes in hours, not months or years, while drastically reducing both IT and operational costs. Leveraging an investment of over $125 million, HealthRules is the most scalable and cost-effective technology in the industry. HealthEdge is the only choice for payors to survive and thrive in the emerging healthcare economy. For more information, please visit www.healthedge.com.
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