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Healthcare IT and Biotechnology News Release
Date of Publication: Saturday, June 21, 2008

HealthEdge Receives U.S. Patent for Revolutionary New Software

HealthEdge, the leading provider of next-generation claims and benefit administration, business intelligence and portal solutions for healthcare payors, announced today that it has been granted Patent No. US 7,356,460 B1 for its HealthRules claims processing software.
Burlington, MA -- HealthEdge, the leading provider of next-generation claims and benefit administration, business intelligence and portal solutions for healthcare payors, announced today that it has been granted Patent No. US 7,356,460 B1 for its HealthRulesÒ claims processing software. The patent protects HealthEdge’s unique language-based solution for capturing and executing the business logic of healthcare claim transactions. The United States Patent Bureau, along with many healthcare industry leaders, have recognized the revolutionary HealthRules software suite for its ability to help payors of all types and sizes quickly and efficiently address the ever-changing business imperatives of today’s healthcare economy.

The newly patented, one-of-a-kind HealthRules software suite 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. Organizations using the HealthRules platform gain the ability to compete more effectively in the emerging consumer-centric healthcare marketplace, as they are now able to quickly offer the kinds of innovative products that the market demands

“The legacy systems currently in use at most health plans were never intended to support the types of offerings that are now required in the evolving consumer-focused healthcare marketplace” commented Rob Gillette, CEO of HealthEdge. “HealthRules is uniquely designed to provide payor organizations with the ability to quickly offer the innovative products that the market demands, while simultaneously reducing administrative overhead. It is gratifying to have the unmatched capabilities of our intellectual property recognized by both healthcare industry leaders and the United States Patent Bureau. We believe that our next-generation HealthRules software suite is the only solution that will allow the payor community to truly compete in the new healthcare world.”

About HealthEdge

HealthEdge offers health plans, TPAs, PPOs and insurers of all sizes unique software products that position them for success. Payor organizations are able to pursue innovative, new strategies focused on increasing revenue, decreasing costs and improving the quality of healthcare. HealthEdge provides HealthRules®, a next-generation, patented software platform for core administrative processes, business intelligence, and web self-service. The company is headquartered in Burlington, Massachusetts.

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    Last Updated: 24 November 2007.