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HealthEdge® Announces Support for ICD-10 in Award-Winning HealthRules® Product Suite

Next-generation technology platform designed to quickly address new standards and market changes

Burlington, MA, June 1, 2009—HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, today announced that it now offers full support for the new ICD-10 standard including the unique ability to simultaneously and seamlessly use both ICD-9 and ICD-10 codes.

HealthRules allows payors of all types and sizes to compete like never before, using the only solution that was designed to quickly and easily address the evolving needs of the new healthcare economy. The HealthRules product suite includes next-generation claims and benefit administration, business intelligence and portal solutions that help to transform today’s payor organizations into tomorrow’s healthcare leaders.

"Unlike other solutions that will require customers to invest significant time and money in conversions or will require add-on modules in order to support emerging standards like ICD-10," said Ray Desrochers, Chief Operating Officer at HealthEdge, "the HealthRules products were built, from the ground up, with these next-generation needs in mind. As a result, we are able to add support for new standards like ICD-10 to our products well in advance of the market need, and do so in a way that allows our clients to immediately enjoy all of the advantages of these new standards without having to make any configuration changes. Payors who wish to truly compete in the new healthcare marketplace will need more than great software. They will also need an agile, next-generation business partner that is able to respond to market needs in real-time. Our investment in the tools, processes, people, and infrastructure that are required to support rapid innovation is just one of the ways that we are helping to ensure that we meet and exceed the rapidly changing business needs of our customers."

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.

Contact:

Ray Desrochers
HealthEdge
781-285-1316