ASI Announces the LuminX SX™ Family of Advanced Business Services: First Offering is Business Process Outsourcing (BPO)
Pittsburgh, PA (February 7, 2006) – Acclamation Systems, Inc. (ASI) today announced LuminX SX, a portfolio of business services aimed at increasing healthcare payers’ efficiency and profitability. The first offering to be delivered under this new brand is Business Optimization Services that provide health insurance payers with either end-to-end or point solution outsourcing.
The unveiling of Business Optimization Services by ASI furthers its commitment to providing flexible products and services that allow payers to focus on core business competencies, increase efficiencies and reduce costs. The development of the LuminX SX services portfolio follows the release last year of LuminX LX™, a componentized, subscription software service.
ASI Business Optimization Services offers a comprehensive process menu:
- Scanning and data entry
- Claims examining
- Plan building
- LuminX System consulting
- Claims processing audits
- Eligibility and enrollment
- Repricing
- Billing and administration
Leveraging the LuminX claims processing engine, these services can be utilized as a full end-to-end outsourcing or a la carte–for payers that need only one or two BPO services, as well as those that prefer a step approach to outsourcing.
“The healthcare payer industry is going through consolidation and organizations must reduce costs to remain competitive,” said ASI CEO Jim Senge. “Through our BPO services, payers will gain from our industry expertise combined with best-of-breed technology and business process management skills. We can help transform them into more agile, flexible businesses able to adjust quickly to varying business demands.”
The Business Optimization Services team includes claims examiners, product consultants and technical support consultants with a combined average of more than 15 years in the industry and in-depth knowledge of LuminX. Additionally, Acclamation Systems has formed a strategic partnership with Patni Computer Systems, Ltd., a leading global IT services provider, to bring the scalability needed to meet clients’ growth demands. (Further news about this dynamic partnership will be delivered in a future announcement.)
“Joining with a world-class outsourcing and IT services firm such as Patni will enable us to assist clients in reducing costs while improving their back-office functions.” said Senge. “We are excited to be working with an organization that delivers vertical domain knowledge of the healthcare industry as well as extensive outsourcing expertise.”
About Acclamation Systems, Inc.
Acclamation Systems, Inc. delivers integrated, flexible technology solutions for employee benefits management. The company was founded in 1989 as a joint venture between Coordinated Group of Companies (CGC), a firm specializing in the administration of employee benefits; and ECCO Consulting, Inc., a systems design firm. This strategic union resulted in a truly comprehensive benefits management system offering Web eligibility and enrollment, comprehensive reporting and full accounting capabilities. LuminX, ASI’s flagship product, is used by a number of the world’s largest insurance carriers, third party administrators and self-administered organizations.
For more information on the company, visit www.acclamation.com. |