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Biotech / Medical : WebMD Health Corp -- Ignore unavailable to you. Want to Upgrade?

To: Gordan_Gecko_III who wrote (48)	9/28/2000 3:11:26 PM
From: Tomato	Read Replies (1) \| Respond to of 326

Hope this is a false breakout, as I'd like to get some more cheap shares of HLTH. I seem to recall reading something that the insurance industry was going to tout their "answer to WebMD" around tomorrow. Maybe that will scare some people out of their HLTH shares and create a lower price? Or perhaps this spike is due to the Naz's spike, and that spike is in fact a bear trap that will be followed by another leg down, in which case HLTH will go down with it. Hard decision as to when to buy and when to wait. Go HLTH (but not quite yet)!

To: Gordan_Gecko_III who wrote (48)	10/1/2000 11:13:10 AM
From: KM	Respond to of 326

In the HIPPA compliance space, take a look at HAXS. Severely beaten down because of arbitrage, collapse of e-health sector, internet stock bear market, etc. but anecdotal evidence would suggest that adoption of one or more of their payor solutions (claims processing, enrollment, medical records imaging, et al) renders the adopter immediately HIPPA - compliant. Possibly best of breed technology. Very low risk at this level (similar to buying HLTH at 11). Revenue estimates on new contracts are $20-50 per year per covered life. (A sample of their services) HealthAxis offers solutions on an outsourcing basis. Outsourcing eliminates technological complexity and provides a guaranteed service level at a predictable price. The proprietary application systems are delivered on a transaction basis. All systems are Year 2000 ready and Internet enabled. Applications Solutions Insur-Claims®: A comprehensive paperless claims processing solution that features, auto adjudication and PPO repricing for third party administrators, insurers, and self-administered groups. Insur-Admin®: A comprehensive eligibility system that features IVR and Web enrollment, group and individual billing, COBRA, and Flexible Spending Accounts. Insur-Dental®: A complete paperless dental claims system that features auto adjudication and X-ray imaging. Insur-Enroll™: A flexible, employee self-service benefits enrollment system that utilizes both Internet and Interactive Voice Response (IVR) technology. Insur-Web™: An Internet engine that extends the functionality of current HealthAxis products or client's legacy systems by providing a secure, scaleable Internet interface. Insur-Image®: An imaging/OCR workflow solution that can be integrated with the HealthAxis claims processing system or any other claims processing system. Insur-Voice®: An interactive voice response system used to establish eligibility, to determine claim status and for open enrollment. Professional Services HealthAxis services go well beyond proprietary application solutions. HealthAxis offers full platform outsourcing, systems integration as well as maintenance of client's legacy systems. Specifically: Application Management: HealthAxis provides maintenance of legacy applications whether custom-developed or based on a third party package. Systems Integration: Our skilled developers and project managers design, develop, and implement custom- or package-based solutions for the healthcare industry. Computing Services: HealthAxis provides operations management for MVS mainframes, UNIX and NT servers. We design, implement, and manage voice and data networks and the distributed PC/LAN environment. Data Capture and Image Retrireview Services HealthAxis is an industry leader in providing comprehensive data capture and image retrireview services for healthcare claims processing. The services include: Mailroom Operations: HealthAxis provides a full array of mailroom services for healthcare administration. Imaging Scanning: We utilize our proprietary Insur-Image scanning platform for claims attachments and related correspondence. I also like the looks of HLTH for a recovery now and have been buying calls on weakness this week. The chart is setting up a big inverted H&S: Message 14443168 Data Conversion: We utilize OCR/ICR capabilities and manual data entry to convert from paper or image to EDI transactions. Image Storage & Retrireview: We provide claims image retrireview services via the Internet.

To: Gordan_Gecko_III who wrote (48)	10/1/2000 11:27:33 AM
From: KM	Respond to of 326

Fitch Warns Health Care Providers Of HIPAA Negative Impact 18 Sep 2000 8:38 AM -------------------------------------------------------------------------------- Fitch-NY-September 18, 2000: Federal legislation designed to regulate the transmission and security of health-related information could cost as much as three to four times that spent on technological upgrades associated with Y2K, according to a report released Friday, Sept. 15 by the international rating agency Fitch. In total, Fitch warns, the Health Insurance Portability and Accountability Act (HIPAA) will have a negative impact on health care providers. 'Health care providers who fail to accurately assess and budget for the significant requirements associated with HIPAA will place themselves at risk for possible financial peril,' said Rebecca C. Lageman, analyst, Fitch. 'This is a wake-up call. Health care organizations need to prepare for HIPAA regulations now, especially those that already find themselves in financial or technological disarray.' The new Fitch report asserts that the severity of the financial and operational impact will be directly related to the level of disparity between that organization's current information technology (IT), security, and communications system and those required by HIPAA. In order to comply with the health care information electronic transmission regulations, Fitch anticipates that health care systems will need to modify existing systems or purchase new IT systems, hire and retrain staff, and make significant changes to the current processes associated with maintaining patient privacy. 'The government's estimate for costs of HIPAA compliance is $5.8 billion and that is a far too conservative figure,' Lageman said. 'We anticipate costs to be somewhere between three to four times the amount of expenditures required for Y2K, or an amount in excess of $25 billion.' For a copy of 'HIPAA: Wake-Up Call for Health Care Providers' please visit Fitch's web site at 'www.fitchratings.com' or click on the hyperlink below. HIPAA: Wake-Up Call for Health Care Providers Fitch is an international rating agency that provides global capital market investors with the highest quality ratings and research. Dual headquartered in New York and London with a major office in Chicago, Fitch rates entities in 75 countries and has some 1,100 employees in more than 40 local offices worldwide. The agency, which is a combination of Fitch IBCA and Duff & Phelps Credit Rating Co., provides ratings for Financial Institutions, Insurance, Corporates, Structured Finance, Sovereigns and Public Finance Markets worldwide. Contact: Rebecca C. Lageman 1-212-908-0796 or Jordan R. Melick 1-212-908-0611, New York. Media Relations: Matt Burkhard 1-212-908-0540, New York.