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National In-Store Health Clinics to Utilize ClaimGear to Process Healthcare Transactions

Posted on: Thursday, 14 December 2006, 09:00 CST

XGear Technologies, Inc., a leading provider of Internet-based ASP practice management solutions for the healthcare industry, announced today that it will process insurance healthcare transactions for a national chain of in-store health clinics through its ClaimGear system.

A reputable medical billing service client of XGear Technologies has signed a contract with the in-store health clinics to handle all aspects of insurance and patient billing. XGear interfaced their ClaimGear system with the clinics electronic medical record system to provide automatic delivery of all patient and claim data directly into the ClaimGear system. Once the data is in the ClaimGear system the billing service will review the data for accuracy. After the data is approved, the insurance claims will be sent on to the Payer by XGear. XGear will also provide the clinics with real-time patient eligibility checks, electronic remittance advice, and electronic patient statements.

The in-store health clinics are staffed by certified nurse practitioners who work with local physicians to diagnose, treat, and prescribe medications for common medical conditions, such as strep throat and upper respiratory infections. They also administer a wide range of preventive services, including health screenings, medical tests, vaccinations, and basic physical exams. The clinics are open seven days a week and offer extended hours on weekdays. The in-store clinics are opening and operating in drug and retail stores nationwide, including the nation's largest drug store chain and the nation's largest retailer.

"We are all very excited to be handling the healthcare transactions for this national chain of in-store health clinics," commented Douglas Kegler, Chief Executive Officer of XGear Technologies. "This great news comes on the heels of another great year for us with the 6th consecutive year of triple digit growth."

The combination of our Internet-based ClaimGear system with our billing service client will provide an efficient, reliable, and cost effective solution for the in-store clinics. There are currently twenty-five in-store clinics processing transactions through ClaimGear and that number is expected to grow to 145 by the end of 2007.

About XGear Technologies

Headquartered in Orlando, FL, XGear Technologies provides the healthcare industry with an Internet-based, HIPAA compliant, Medical Billing and Practice Management Software program, ClaimGear, which has the speed of a local PC application and the "use anywhere" flexibility of a Web browser application. Through the Internet and its Java-based system, which utilizes Sun Microsystems Inc.'s (Nasdaq:SUNW) Java technology, ClaimGear is giving physician offices and medical billing services the opportunity to become more efficient and flexible. For more information, visit: http://www.claimgear.com or call 888-348-8457.

Note to Editors: ClaimGear is a trademark of XGear Technology in the United States. Java is a trademark of Sun Microsystems Inc. in the United States and other countries.

Source: Business Wire

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