Industry Trend to Reduce Operating Costs and Gain Operational Efficiencies

During the first part of this new year, we have experienced increased inquiries and requests for product demos of our SymKey® product solution. In fact, we licensed one new SymKey® for EZ-CAP® client last month and are currently working on licensing arrangements with two prospective new clients. I believe this increased interest is due to SymKey’s ability to deliver immediate results and significant bottom line Return On Investment (ROI) in automating manual claims processing and auto-adjudication of claims within the many managed care/health care payer core transaction systems that SymKey integrates with. There are increased demands to reduce operating costs and gain operational efficiencies while experiencing reductions in membership and/or reduced premium revenues in many segments of today’s managed care/health plan payor market. HCIM’s SymKey product and other product solutions deliver on these expectations for our clients.

Some of our new SymKey clients have made the decision to bypass our 30-day risk-free SymKey trial period and go straight to licensing it, saying the decision was a “no brainer” for them. They saw the immediate results that SymKey is able to provide and didn’t want to waste time achieving these efficiencies and cost savings.

We look forward to working with our new SymKey clients on improving their company’s performance and bottom line results in 2010. I encourage all interested parties to review the content in our Products and Services web pages and to contact HCIM at 888-454-0202 or to further pursue the immediate cost saving and ROI results provided by all of HCIM’s product and services solutions.

About HCIM

Since 2000, HealthCare Information Management, Inc. (HCIM) has delivered expert consulting services and robotic automation tools for small to mid-sized healthcare payer and managed care organizations. Our concierge consulting services include everything from core claims system procurement to go live, including configuration, migration, upgrades, reporting, benefits and fee schedules, user training, and project resourcing. We also offer strategic consulting in the areas of value based payments, population health, medical management, medical loss analysis and recovery, care management, provider contract modeling, data analytics, and business process reengineering/analysis.