Exchange EDI and iTech Partnership

Exchange EDI and iTech

Deliver Patient Cash Flow Management to Practices

Atlanta, GA, July 1, 2011 – Exchange EDI announced a partnership with iTech Workshop Private Limited (iTech), a Healthcare IT Solutions Company with focus on Medical Billing, PMS, HIPAA, X12N, Direct Payer Connectivity, Electronic Claim Life Cycle and Revenue Cycle Management Solutions for the US healthcare market. Some of the key aspects of the partnership include:

* iTech reselling Exchange EDI real time and point-of-care patient cash flow management products such as Direct Quote and e-Cashiering.

* Providing seamless Insurance Eligibility and Benefits verifications from iTech’s expEDIum Medical Billing solution using Exchange EDI’s Eligibility Gateway that provides coverage for over 400 public and private payers representing approximately 85% of the covered lives in the US.

* Provide an expEDIum Eligibility Portal product that uses Exchange EDI’s Eligibility Gateway.

* Providing seamless electronic claims submission from iTech’s expEDIum Medical Billing solution using Exchange EDI’s Direct Claims clearinghouse services.

iTech has seamless Insurance eligibility verification where users can perform either batch verifications or real time verifications of Insurance eligibility from the Patient Demographics module. iTech has integrated eligibility verification with the appointment scheduler module too wherein real time verification can be performed on the fly when an office visit is being scheduled for a new patient or an existing patient. iTech’s expEDIum Medical Billing solution and expEDIum Eligibility Portal are available through its’ secure SaaS model for an affordable monthly subscription.
B. P. Fulmer, Managing Partner, Exchange EDI stated, “Exchange EDI is very pleased that iTech selected Exchange EDI as its partner to deliver a set of patient cash flow management products. Our focus is on providing innovative transaction solutions that accelerate cash flow and reduce the costs of managing and collecting patient responsibility payments prior and at the point-of-care.”

iTech’s CEO, Mr. Siva Narayanaswamy added that “iTech believes this partnership would help us both reach out to wider healthcare audience and continue contributing to reduction of billing, insurance related administrative costs.”

About iTech
iTech’s expEDIum suite includes expEDIum Claim Scrubber, expEDIum Claims Portal and expEDIum Medical Billing and processes over 11.6 million HIPAA transactions a year across all its products aggregated per year currently. These are a combination of Professional, Institutional and Dental claims. iTech can be reached through its website at http://www.itechws.com.

Sivakumar Narayanaswamy
nsiva@itechws.com
813.260.2789

About Exchange EDI
Exchange EDI is a Florida based company with offices in Cartersville, GA and Tallahassee, FL providing a variety of products within the Patient Payment responsibility management space including Direct Quote and e-Cashiering. They offer clearinghouse services for electronic claims and eligibility. Exchange EDI can be contacted through its website at www.exchangeedi.com.

B. P. Fulmer
bp.fulmer@exchangeedi.com
770-334-3222

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