Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Revision History For: CLAI - http://www.claimsnet.com

No earlier versions found for this Subject.

Return to CLAI - http://www.claimsnet.com

Claimsnet.com is putting an end to writer's cramp for insurance claims filers with its online claims filing system. Medical and dental health care providers that subscribe to Claimsnet.com's service can log on to a Web site, fill out and edit insurance claims forms, and submit them to Claimsnet.com, which then processes and transmits the forms in the specified format to such payors as Aetna, Metropolitan Life Insurance, CIGNA, UnitedHealth Group, and Prudential. Claimsnet.com sells health care providers monthly subscriptions to its service; it also charges transaction fees to payors and clearinghouses. After the planned IPO, chairman and CEO Bo Lycke will reduce his stake in the company from about 43% to 26%.