Hoovers Description:
Healtheon's software and services enable health care information, both medical and administrative, to be exchanged over the Internet, saving time, money -- and even lives. The company is building a system to automate such tasks as HMO enrollment, referrals, data retrieval, and claims processing for use by insurers, doctors, pharmacies, and consumers. Managed care provider Beech Street and the Brown & Toland physician networks account for about 90% of sales. Healtheon's shareholders include chairman and co-founder James Clark, who also co-founded Silicon Graphics and Netscape; United HealthCare; and SmithKline Beecham.
Web Site: healtheon.com
Expected IPO date: Week of Feb. 1, '99
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