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BenefitMD Selects Award-Winning HealthRules® Product Suite from HealthEdge®

Revolutionary HealthRules software ensures that BenefitMD is ready to meet the needs of the 21st century healthcare marketplace

Burlington, MA, July 14, 2009—HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, today announced that Tacoma-based BenefitMD has selected the HealthRules product suite as their next-generation claims and benefit administration, business intelligence, and portal platform. The HealthRules software will be used to power the next phase of BenefitMD’s rapid business growth.

What makes HealthRules different from any other solution on the market is its use of the patented HealthRules Language™, a revolutionary new approach to configuration that provides payor organizations, for the first time, the ability to quickly and easily configure anything they can imagine. This allows healthcare payors to rapidly respond to new business opportunities and market changes—in hours, not weeks or months—while reducing costs and increasing operational efficiencies.

"BenefitMD, by adopting the HealthRules product suite," said Patricia Briggs, CEO of BenefitMD, “is now even better positioned to quickly and efficiently adapt to the rapidly evolving needs of both our customers and the market. We are excited to have partnered with HealthEdge, and we are looking forward to a long and successful relationship together."

"The one-of-a-kind HealthRules product suite was designed to efficiently address the evolving business imperatives of today’s healthcare marketplace," said Rob Gillette, CEO of HealthEdge. “We are happy to welcome BenefitMD to the rapidly growing list of healthcare payors that have chosen the HealthRules platform to meet their next-generation software and business needs."

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 in information technology, HealthRules is the most modern, scalable and cost-effective technology in the industry. HealthEdge is the only choice for payors to survive and thrive in the emerging healthcare economy.

About BenefitMD

After more than a decade managing claims payments on behalf of their own business, the doctors of the Northwest Physicians Network launched BenefitMD as a way to bring their experience to other organizations that are ready to tackle health care costs and coordination. BenefitMD serves as a "third party administrator" (TPA) to businesses who want the experience of physicians when it comes to tackling the challenge of managing health care dollars.

Contact:

Ray Desrochers
HealthEdge
781-285-1316