NEW CLIENTS SIGNAL NAVICURE'S GROWTH IN THE PENNSYLVANIA MARKET
Forward-thinking healthcare organizations will use RCM solutions
to enhance the claims management process

ATLANTA, August 16, 2006—Navicure, a leading provider of automated, Web-based revenue cycle management (RCM) solutions for physician practices, today announced its new contracts with two Pennsylvania-based healthcare organizations—Holy Redeemer Health System and Mercy Health System.

Navicure’s automated, Web-based RCM solutions, which include claims management, electronic remittance posting and secondary claims processing, help physician practices quickly eliminate billing errors, identify payment trends and improve operational efficiency. All electronic transactions are processed in accordance with HIPAA’s privacy and security requirements, and hundreds of EDI formats are supported—resulting in the ability to process a greater number of electronic transactions by reaching all payers who offer electronic capabilities.

  • Based in Huntington Valley, Pa., Holy Redeemer Health System is a community-based integrated healthcare system sponsored by The Sisters of the Holy Redeemer. Holy Redeemer Physician and Ambulatory Services - which includes approximately 50 physicians - will use Navicure’s claims management solution to enhance its electronic billing capabilities with the goal of improving financial and operational efficiency.
  • Serving more than 500,000 patients each year, Mercy Health System is the largest Catholic healthcare system in the Delaware Valley. Physician practices (112 total physicians) operated by the organization will use the Navicure claims management solution to better track and report on claims denials.

“Coding, billing and accounts receivable staff are able to use our solutions to monitor claims in real-time, immediately correcting administrative errors that would otherwise impede timely payment,” said James M. Denny, Jr., president and chief executive officer for Navicure. “We believe this holistic approach to the claims management process will deliver significant operational and financial benefits for both organizations.”

About Navicure
Navicure provides automated, Web-based revenue cycle management (RCM) solutions that help physician practices improve operational efficiency and profitability. Serving thousands of physicians in practices nationwide, Navicure’s solutions automate revenue cycle processes, including claims management, electronic remittance posting, secondary claims processing, advanced reporting, and ancillary services, such as patient statement processing, eligibility verification and data protection. For more information, please visit
www.navicure.com.

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