Business Descriptions:
About CBQ Inc.
CBQ Inc. is an Internet based provider of e-commerce and EFT payment solutions through its subsidiaries Reliance Technologies, Priority One, and CyberQuest. Reliance provides high-end e-commerce and web integration solutions. Priority One is an EFT and credit card processing provider. CyberQuest's Bid4It provides a Business-to-Business interface for clients to buy and sell products over the Internet using a "bid" and "ask" system, much like that of
the stock market
About Priority One
Priority One is a leader in Internet electronic payment technology. Since its inception in 1995, Priority One has been providing Internet retailers the ability to process payments from customers through either credit card or automatic debit from the customer's bank account.
The Priority One system, known as Bill Collect(tm), is designed to alleviate the problem of sending out invoices, waiting for returned checks, and collecting accounts receivable when due. The Bill Collect system can be fully integrated with the Internet retailer's software, so that information on credit card charges and EFT authorizations can be combined in the same batch transaction and uploaded directly and simultaneously to Priority One, through phone lines or the Internet, without any additional data entry.
A new service called Priority Cash(TM) will allow clients that do EFT and credit card processing with Priority One's current system to submit and receive processing data through an Internet-based Web site using Secure Socket Layer (SSL) 128-bit encryption technology. This feature will be deployed by the end of September. Future enhancements to this feature include online reporting of EFT and credit card processing data as it relates to a client's particular account.
Also included in this new service will be a feature that allows clients to do real-time transactional-based EFT and credit card approvals over the Internet. This will also allow clients to use the Priority One system for applications such as e-commerce Web sites that sell and deliver products via the Internet. This additional feature will be available by the end of November of this year.
About CareNet, Inc.
CareNet evolved to supply back-office administrative services for a provider owned health maintenance organization. The Web-centric applications provided the integration between front office and back office activities. The applications relieved the onerous burden of information exchange demanded by managed care. The company provided solutions for the front office operations of physicians and then integrated the information with a fully automated back office administrative system. It provided resources for practicing physicians to meet the informational demands of managed care. The core set of Web-centric applications integrates physicians on a transactional basis with a minimal investment. AVMED uses a CareNet Web-centric application for its Wellness programs in the State of Florida. The company will continue to develop Web-centric applications such as electronic medical records driven by physician needs.
CareNet provides the physician entry into e-health commerce
Take advantage of the new web-centric programming technologies which reduces the cost of application development and implementation by signing on for 10 applications and an ISP connection:
Eligibility Online (no more annoying phone calls and delays - real time eligibility)
Referrals Online Referral form automatically populated and referral sent on line. May be processed automatically through MCO for prior plan approval if required.
Personal Scheduler Interactive Web Centric - Personal physician scheduler can be interactive with contacts, office facility and hospital.
Office Scheduler - Interactive Web Centric - Schedule appointments for doctors seamless interface to physicians personal schedule. Schedule procedures, meetings and equipment usage. This module will reduce your overhead.
Call Center - Links to patient, contact, physician database. Captures and documents every call. NCQA compliant.
Claim Preparation - Repricing and Submission - Automated Preparation of the HCFA 1500 form - Additional features may be added to link to Electronic Medical Record which will confirm proper E/M coding and chart documentation. Complete billing and collection solutions available.
Formulary Verification and Prescription Writer - Will verify prescriptions before patient leaves the office to ensure the Rx comports with patient's formulary. Approvals and denials are documented - Drug Allergy and Drug Interaction capacity.
Personal Information Manager - Interactive with the Scheduler -
External Web Site Automatically Established - The External Web Site for Patient Use to Access the Internet for Medical Content, Services and Products. This will allow Physicians to become part of e-health commerce and enhance revenues. This Portal will provide physicians the ability to exercise editorial oversight regarding the material that is published for their patients review. We believe that if given the opportunity, consumers (patients) will access the Internet through their own physician's portal rather than a generic organization's site.
Internal Web Site Automatically Established - Practice and Facility site connected to every other physician on the system through a Virtual Private Network on the Internet. This will result in a level of physician integration that has not been achieved without the acquisition of the practice.
Disease Management - Hypertension/ Cardiovascular, Asthma, Arthritis/ Osteoporosis, Weight Management, Diabetes
About Cyberquest, Inc.
CyberQuest's developer of www.bid4it.com, is an Internet market-maker. Using patent-pending proprietary software, CyberQuest has created a virtual, Internet-based marketplace, based on the principles of securities trading. Unlike web auction sites, such as eBay, Inc. and OnSale, Inc., "bid4it" is a completely automated electronic marketplace responding to supply and demand producing a true market price for products based on the open market interaction between Bidders and Sellers. Bidders interactively bid on desired products and may modify or delete their "bids" at any time before it matches the Seller's "ask" (asking price). The seller may accept any "bid" at any time and may modify or delete their "ask" at any time before it matches a "bid." "Bid4it" allows a seller to compete in a worldwide market for the buyers of all types of products.
CyberMarketMaker(tm) integrates the best features of securities trading and an auction market. Bidding activity is continually analyzed and asking prices moved up or down in response to market activity. When a "bid" and "ask" match, the transaction is electronically completed, and the product is ordered and shipped to the buyer with instant notification to all parties.
S.A.F.E. (Security Against Fraudulent Exchange) S.A.F.E. is an in-house escrow system that holds a buyer's funds for 30 days from the date of an order. The escrow period allows the buyer time to examine the purchased item while providing assurance to the seller that funds will be available for payment. If a buyer is not satisfied with a purchase, the item can be returned and the buyer's money refunded, less a nominal handling fee. S.A.F.E. excludes fraudulent operators by requiring sellers to enter into an agreement under which they agree to comply with Bid4it's escrow system, before they are allowed to list products for sale on bid4it. S.A.F.E. protects both sides of the transaction, securing the funds before a seller ships, and holding the funds to insure buyer satisfaction.
About Reliance Technologies:
Reliance Technologies, Inc. ("Reliance"), is a full service Internet Web site and e-commerce consulting and development firm. Reliance's services include consulting, web page integration with corporate information systems, and custom software services for Internet related applications.
About TopherNet, Inc.
TopherNet Inc., provides Internet access services and Web hosting to a variety of corporate and consumer clients. |
