Post Number: 1507
|Posted on Sunday, October 19, 2003 - 09:35 pm: ||
TRANS UNION FORMS AGREEMENT WITH MediFAX® TO OFFER INTERNET SERVICES
Release Date: 08/09/2000
CHICAGO, August 9, 2000 -- Trans Union LLC (TU), a worldwide provider of information and decision-processing services, together with the MediFAX® EDI, Inc. (MediFAX®) information network, a service of The Potomac Group, Inc., is providing healthcare organizations with the most comprehensive patient verification tools available.
Access to Trans Union?s database of consumer credit information is now available over the Internet through MediFAX®'s newest product, MediFAX® NetDirect. This new product is a secure processing site that meets the HCFA encryption criteria required to process medical transactions over the Internet. Nashville-based MediFAX® provides healthcare information compiled from a variety of commercial and government databases that allow healthcare organizations to verify patient eligibility information from several private and public insurance plans.
"One of our goals at MediFAX is to provide products coupled with additional services that the healthcare provider needs to more efficiently run their businesses," said Geoffrey Pace, Executive Vice President of Operations at MediFAX. "And, offering Trans Union's services through our MediFAX NetDirect product certainly accomplishes that."
Chicago-based TU offers the most comprehensive patient verification tools available in the health care industry.
"Our products and services have been helping the health care industry benefit clinically and financially for years," said Neal Smith, National Sales Manager of TU's Healthcare Information Solutions Division. "But the health care industry sorely needs tools to better control uncompensated care and manage write-off procedure policies. Our products can help today's health care providers in front-end clinical and financial identification and verification processes and more."
Trans Union now offers its TRACE and ScorePlus® products via the MediFAX® network.
TRACE is a widely used skip tracing product that utilizes an individual's Social Security Number to locate or confirm current and previous addresses.
ScorePlus is an automated system that delivers credit scoring and indicative information in a clean, concise one-page format. Optional custom messages enable healthcare organizations to separate good risks from bad; open more, new profitable accounts; update portfolios; and reduce bad debt write-offs.
About Trans Union
Trans Union is one of the nation?s leading information companies, serving all 50 states through its own sales offices and independent credit bureaus. The company provides a broad range of industries with products and services that include credit reports, risk-scoring models, target marketing systems, pre-employment evaluation reports, skip tracing and search tools, customized lists, as well as other information-based products. Trans Union has operations in Puerto Rico, Canada, Mexico, Costa Rica, Chile, Spain, Italy, South Africa, Kenya and Hong Kong. For more information, visit the company Website at www.transunion.com.
MediFAX® is the leading provider of online, real-time access to critical patient eligibility information. MediFAX® is the largest provider of medical eligibility transaction services in the United States, processing more than 65 million transactions a year for more than 100,000 health care providers. For more information about MediFAX®, please visit the company Website at www.medifax.com.
Contact: Tommy Lewis