Availity Simplifies Electronic Remittance (ERA) and Payment (EFT) Management with Addition of HERAE® Technology

HERAE`s Financial Healthcare NetworkTM Has Been Selected By Availity® as a
Branded Solution to Manage Electronic Remittances and Electronic Funds Transfers
(EFTs) From Participating Payers - Saving Them Time and Improving Cash Flow
Management
JACKSONVILLE, Fla. & SAN DIEGO--(Business Wire)--
A solution to improve physician office cash flow management through the Availity
Health Information Network will be a valuable advantage for health care
providers, who have long struggled with time-consuming and tedious remittance
and payment reconciliation tasks.

Availity, LLC, the industry`s premier health information network, selected
HERAE, LLC, one of the nation`s largest health care electronic payment service
providers, following an extensive review process. Availity is private-labeling
HERAE`s leading financial technology as Availity Remit ManagerSM. The companies
are now working together to launch the branded solution with a select group of
physician practices.

Customers who use Availity Remit ManagerSM, enabled by HERAE`s patent-pending
technology that automates Electronic Remittance Advice (ERA) and Electronic
Funds Transfer (EFT) management, will benefit from online access to human
readable remittance information, as well as search, view, print and download
capabilities. The solution also offers a single place for providers to register
for EFTs with multiple health plans, and provides the ability to automatically
re-associate electronic remittance information to corresponding electronic
payments. Health plan customers will also benefit with improved abilities to
consolidate multiple payments into a single bulk transaction to providers,
reducing the costs required to print and mail remittances and paper checks.

"Collaborating with HERAE supports our mission to deliver innovative solutions
that help physicians, payers and technology partners manage their businesses and
improve health care outcomes. Comprehensive solutions like this demonstrate our
commitment to helping in every aspect of care management, from compliance
efforts to achieving best practices," said Availity President Russ Thomas. "We
selected the HERAE solution for its deep understanding of the health care
payment system; integrating HERAE`s solution with ours creates tremendous
strategic advantage for Availity customers."

Availity provider customers can expect to experience measurable savings
beginning with their first paperless payment transaction, because manual billing
and payment-matching practices have historically been very time-consuming
administrative tasks.

"Paper-based payment processes are so time-consuming and costly they can
undermine the growth of health care practices. At the same time, payers are
looking for ways to improve services, lower costs and decrease fraud," said Jim
Ribelin, CEO, HERAE. "We applaud Availity for its foresight to provide a secure
and efficient method to match electronic remittance files and facilitate EFTs
saving providers time and money, while laying the groundwork for the next
important phase of the electronic payment solution - eliminating fraud and waste
from the health care payment system."

About Availity, LLC - Patients. Not Paperwork.

Availity optimizes information exchange between multiple health care
stakeholders through a single, secure network. The Availity Health Information
Network encompasses administrative, financial, and clinical services, supporting
both real-time and batch electronic data interchange (EDI) via the web and
business-to-business (B2B) integration. For more information, including an
online demonstration, please visit www.availity.com.

About HERAE, LLC

HERAE is one of the nation`s largest healthcare payment service providers. HERAE
is establishing the nation`s electronic Financial Healthcare NetworkTM by
seamlessly and securely connecting payers, healthcare providers and PBMs,
pharmacies, and financial institutions with standardized electronic financial
healthcare transactions to significantly reduce administrative costs and prevent
fraud and waste. HERAE`s Remit FraudStopTM is the only multi-payer,
post-adjudication, pre-payment fraud and waste network for the detection and
prevention of billions in healthcare fraud annually. On the Net: www.herae.com
or call 888-41-HERAE (888-414-3723).

Availity
Shannon Thuren, 904-470-4545
shannon.thuren@availity.com
or
Clearpoint Agency, Inc./ HERAE
Bonnie Shaw, 858-724-2500
bonnie@clearpointagency.com

Copyright Business Wire 2010