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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (24428)	6/8/1998 10:13:00 AM
From: PitBull	Respond to of 34592

To anyone interested in doing some DD on stock symbols that don't currently have threads on SI that MAY be interesting, go to the new thread called The Patchwork Quilt.

To: Joe Copia who wrote (24428)	6/8/1998 10:47:00 AM
From: MoneyMade	Read Replies (1) \| Respond to of 34592

News...SCMI Systems Communications Says Chrysler's $100 Million Pharmaceutical Claims Audit on Target Business Wire - June 08, 1998 08:30 %SYSTEMS-COMMUNICATIONS SCMI %FLORIDA %MEDICINE %PHARMACEUTICAL %INSURANCE %COMED %COMPUTERS %ELECTRONICS V%BW P%BW Jump to first matched term CLEARWATER, Fla.--(BW HealthWire)--June 8, 1998--Systems Communications Inc. (OTC BB:SCMI) and its strategic alliance partner, HMG Health Care Claims Auditing Inc., announced Monday that they project significant recoveries from the first quarter 1998 full-scale audit of Chrysler's pharmaceutical benefits payments, which are in excess of $100 million. HMG is continuing to receive data tapes from Chrysler's Third Party Administrator (TPA), Blue Cross/Blue Shield of Michigan. Systems Communications Inc., through its strategic alliance partner, HMG Health Care Claims Auditing Inc., of Pittsburgh, provides healthcare data management and analysis services to Fortune 500 companies through advanced technology and in-depth knowledge of the audit and healthcare industries. HMG is an industry leader in the development of a variety of specialized electronic audit and healthcare data monitoring programs designed to help reduce the ever-increasing corporate employee healthcare costs. HMG's President, R. Grant Kolb, said, "The strategic alliance with SCI and the success of Chrysler's Pharmaceutical audit included in HMG's business portfolio is a very positive step for us corporately and for the Pittsburgh community, in general." The company expects to sign new contracts with Chrysler due to the success of this current audit. James Kowalczyk, president of SCI said that: "SCI and HMG are strategically and synergistically positioned to capture a significant position of the multi-billion dollar healthcare industry by identifying to corporations and institutions, where they can save substantial portions of the healthcare costs, thereby assisting them to recover unjustly paid benefits. It is anticipated that additional contracts will be awarded to the SCI and HMG alliance from other Fortune 500 clients in need of prescription drug and related audits to curb runaway healthcare costs. Chairman of the board of SCI, Ed Salmon, stated: "The strategic alliance with HMG will benefit both firms and will allow us to market each other's services. By marketing HMG's and NSC's healthcare cost containment services as a team, clients will secure two of the nation's preeminent firms to conduct their healthcare audits to identify and recover healthcare overpayments. The two firms have the ability to provide clients with both qualitative and quantitative cost containment programs to ensure a reduction in the cost of employee healthcare in the future, identification and recovery of overpayments from as much as three years retrospectively, and 'real time' healthcare auditing, which will allow us to concurrently monitor claims prior to payment." Systems Communications Inc. and its wholly owned subsidiary, National HealthCare Solutions Corp. (NSC) specialize in providing data management and overpayment recovery to corporate, government and institutional providers of healthcare. CONTACT: Systems Communications, Inc., Clearwater Edwin B. Salmon, Jr., Chairman of the Board 813/530-4800