Arthur,
A press release today!!
Star Technologies Subsidiary Curran Data Technologies Awarded HCFA ClaimsProcessing Contract From Golden Rule
STERLING, Va., Aug. 3 /PRNewswire/ -- Star Technologies, Inc.
(Nasdaq: STRRC) today announced its subsidiary Curran Data Technologies, Inc.
(CDT) has been awarded a claims processing contract by the Golden Rule
Insurance Company of Indianapolis, IN. The value of the one-year contract is
estimated to be in excess of $100,000.
Under the terms of the contract, CDT will scan Health Care Finance
Administration (HCFA) medical insurance forms, provide electronic archival
images, and capture data automatically using enhanced OCR/ICR. CDT will
deliver the data files and images to Golden Rule, which will process them
through its automated electronic claims processing system. With the recent
completion of the test period, CDT is ramping up for full production of the
Golden Rule contract in August.
"Intelligent Character Recognition (ICR) was a logical next step to
enhance our data entry operations," said Drew Pearson, Claims Manager at
Golden Rule. "Outsourcing proved the best choice for us to keep start-up
costs low. We selected CDT because it offered us a cost-effective,
technically superior ICR solution."
"The test phase allowed CDT to demonstrate our ability to meet -- and
exceed -- the high accuracy and performance standards demanded by this
contract," said Carol Curran, president of Curran Data Technologies, Inc.
"Our track record for successfully serving other large corporations and
organizations also contributed to our selection for this important contract."
Golden Rule Insurance Company is a national health insurance company
headquartered in Lawrenceville, IL. Golden Rule provides a range of
individual major medical insurance plans through a network of more than 90,000
independent health insurance brokers. Golden Rule is the pioneer of Medical
Savings Accounts (MSAs), established by Congress in 1996 for small business
and self-employed in the Health Care Portability Act, and receives an "A"
rating from Best's Review. The company can be reached at l-888-MSA-OTAX.
Internet: www.msanews.com.
Curran Data Technologies, Inc., a wholly-owned subsidiary of Star
Technologies, Inc., is based in Indianapolis, IN. CDT is a leading data entry
and document imaging services company, providing a wide range of outsourcing
services. CDT's comprehensive services include: key from image, conventional
data entry, backfile conversion, forms processing, automated data entry via
OCR, document imaging, EDI, and archival storage and retrieval. Today,
government organizations and corporations use CDT for a broad range of image
and data capture applications, including the processing of medical and
insurance claims, government taxes, customer orders, personnel records, credit
card transactions, and loan and mortgage applications. CDT is headquartered
at 2525 North Shadeland Avenue, Indianapolis, IN, 46219. Telephone:
317-351-5656. Fax: 317-351-5646. E-mail: curran@indy.net.
Star Technologies, Inc. is a provider of products and services for
government and commercial users worldwide involved in data capture, image
capture and document imaging. In addition to CDT's services, Star designs,
develops and supplies a complete line of document image capture and processing
software through its PowerScan subsidiary based in Potomac, MD. Star is
headquartered at 515 Shaw Road, Sterling, VA, 20166, Telephone: 703-689-4400.
E-mail: starinfo@star.com. Internet: www.star.com.
SOURCE Star Technologies, Inc.
CO: Star Technologies, Inc.; Curran Data Technologies, Inc.; Golden Rule
Insurance Company, Inc. |
