network
now connects 30 Australian health funds
Sydney – 14th May 2008 – IBA Health Group Limited (ASX: IBA) – Australia's largest listed health information technology company today announced two additional Australian private health insurance funds will connect to its expanding eHealth network for real-time, point-of-care electronic health claiming and payment services.
These latest agreements are with HBF and GMF Health funds. With more than 900,000 members, HBF is the leading provider of health insurance in Western Australia. Also based in Western Australia, GMF Health provides health insurance to more than 60,000 members across Australia.
IBA now has agreements with 30 health funds, which collectively represent 98% of privately health insured Australians. Privately insured Australians can settle their accounts on the spot with their health insurer and health care professional through connectivity to IBA’s HealthPoint claiming service.
HealthPoint gives healthcare professionals and their patients an efficient, easy-to-use single point solution for EFTPOS, patient claims to health funds and, where appropriate, Medicare claims. By automating and streamlining the entire health claim and payment process, IBA’s solutions are enabling health fund insurers to lower costs while providing more efficient and effective services to their members.
Both HBF and GMF are expected to go live with IBA’s HealthPoint service from August/September this year with claiming for optometrists, dentists, chiropractors, physiotherapists and podiatrists.
Nigel Lutton, Managing Director of the iSOFT & IBA Business Units in Australia said “We are delivering tangible business benefits to a growing list of health funds, healthcare providers and hospitals that are committed to processing and settling health claims electronically. With expertise across all health sectors, we are in a strong position to meet the complex health and e-business demands of health funds, health professionals, government and the health consumer”.
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For further information contact:
Gary Cohen
Executive Chairman & CEO
IBA Health Group Limited
Phone: +61 2 8251 6700
Email: [email protected]
Media
Greg King
Group Communications & Marketing Director
IBA Health Group Limited
Phone: +61 413 621 111
Email: [email protected]
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