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Priority Health Selects QCSI's Myhealthbank Finance for Consumer Engaged Healthcare Strategy

Posted on: Wednesday, 16 February 2005, 09:00 CST

Priority Health Signs Letter of Intent for QCSI's myhealthbank(R) Finance to Assist in Administration of its New Line of Consumer Engaged Healthcare Plans

Quality Care Solutions, Inc., (QCSI(R)), a leading provider of advanced information technology and enterprise application software and services for healthcare payors, announced today that Priority Health, a West Michigan based health plan, has selected QCSI's myhealthbank Finance software to assist in the administration of its Health Reimbursement Arrangement plans (HRAs). The myhealthbank Finance product will offer Priority Health clients the ability to create customized plan designs and offer multiple restricted cash accounts. In addition, the myhealthbank Finance software application from QCSI will be used to enhance the administration of Priority Health's Section 125 Flexible Spending Account (FSA) and Health Savings Account (HSA) plans.

"Priority Health is an organization driven to improve health by providing all people access to affordable and excellent health care," said James Slubowski, CIO for Priority Health. "By partnering with QCSI and implementing the myhealthbank Finance software application, we will be well positioned to deliver new benefit options for the consumer-engaged environment. The solid, user-friendly myhealthbank Finance software application combined with QCSI's exceptional domain expertise will be a valuable asset."

Rated one of the nation's "Top 10" health plans in customer satisfaction, Priority Health chose the myhealthbank Finance application to provide a high level of service through real-time access in administering integrated insurance and cash accounts. This capability is highly desirable for the consumer directed health insurance market, which commonly relies on the convenience and flexibility of the Web to empower consumers to manage their health care costs and finances.

"We are finding health plans and insurers are looking to get to market quickly with consumer-driven health care solutions to leverage heightened demand and interest in consumer directed plan designs. Our products and, as importantly, our domain expertise, help health plans meet this urgent goal," said Dave Engert, President and CEO of QCSI. "The selection of the myhealthbank Finance product by Priority Health is another example of the value QCSI products bring to health plans and insurers looking to capitalize on the business opportunities of this market."

myhealthbank Finance is part of QCSI's broad product suite for consumer directed healthcare that also includes myhealthbank Transact, Direct, and Navigator, which can be implemented independently or in tandem as a core enterprise platform. The myhealthbank product suite offers a Web-based, self-service platform for member enrollment, benefits administration; deep eligibility rules testing and membership maintenance for health plans, including defined contribution plans.

About Priority Health Plans

Priority Health, is a nationally recognized health plan serving over 450,000 members throughout West Michigan. It is locally owned by Spectrum Health of Grand Rapids, Holland Community Hospital of Holland, Munson Healthcare of Traverse City and Healthshare, Inc. of Petoskey. The health plan enjoys "Excellent" accreditation from the National Committee for Quality Assurance, an independent organization that reviews the quality of health plans nationwide.

About QCSI

QCSI is celebrating over 10 years of delivering technology solutions that empower health plans to automate their business and improve participant loyalty, at the lowest total cost of ownership. Transforming healthcare information for payors since 1994, QCSI maintains a growing customer base that serves millions of medical and dental members nationwide. QCSI enables health plans to reduce costs, improve customer service, increase profitability, expand market share and prepare for government regulations, including HIPAA. QCSI's enterprise application solutions and award-winning software include the QNXT product family: Medical, Dental, Case Management, Accounts Receivable, View and Connect, as well as QMACS, aQDen, aQHealth, and aQTrans. The myhealthbank suite, Transact, Direct, Navigator, and Finance, are independent, web-based software products that enable health plans to implement solutions based on specific consumer-driven objectives and strategies. The myhealthbank suite of consumer directed products will be showcased at the Healthcare Information &Management Systems Society (HIMSS) annual conference and exposition in Dallas, TX, February 14 through February 17, 2005 at QCSI booth #4147. Headquartered in Phoenix, Arizona, QCSI can be contacted at 888-940-6432 or info@qcsi.com, or visit our website at www.qcsi.com for more information.

QNXT, QMACS, QCSI and myhealthbank are trademarks or registered trademarks of QCSI. Patent Pending. Other marks referenced herein are the service marks, trademarks or registered trademarks of their respective holders.

Source: Business Wire

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