Exchange EDI 2013 Record 2nd Qtr Growth

Exchange EDI Reports 2nd Quarter Record Growth

Tallahassee, FL (PRWEB) August 5, 2013

Exchange EDI. LLC, a leading healthcare cash flow management technology company, reported a record breaking 2013 second quarter growth rate of 190%.

In a statement released by B. P. Fulmer, Managing Partner of Exchange EDI, he stated, “We are very gratified with the performance of the company during 2013. Second quarter performance not only continued a consistent quarter over quarter growth pattern, it established an accelerating growth rate.” He commented the accelerated growth rate was due to the introduction of “Direct Payer Audit”, a payer underpayment monitoring and recovery service released in third quarter 2012 and sales growth of the company’s patient cash flow management tools.

Exchange EDI has defined a strategic market niche by developing techniques and operating platforms emphasizing the importance of accelerating and controlling cash flow in healthcare practices – starting at the point-of-care. The objective is to truncate the traditional revenue cycle management process as much as possible.

Daryle Johnson, Executive Vice President of Business Development and Marketing commented, “We expect to see this growth pattern continuing through 2013 and 2014. With the release of Automated Patient Settlement (“APS”) this fall, we expect continued record breaking growth in our service and product lines. Also, expect to see the announcement of another “ground breaking” patient cash flow management service.”

About Exchange EDI, LLC:
Founded in 2009, Exchange EDI is focused on developing intelligent technology solutions that integrate health and financial transactions into a single process, delivering information at the point-of-care to accelerate the cash flow management process while reducing administrative
costs for providers and securing accurate payment from payers.

Contact

Daryle Johnson
Exchange EDI, LLC
PH: 214-335-4424
Email: Daryle.johnson@exchangeedi.com

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Exchange EDI PPS Atlantic Press Release

Exchange EDI Announces Strategic Partnership with Priority Payments Systems Atlantic

Exchange EDI, LLC, a leading healthcare cash flow and payments management company announced today a strategic distribution relationship with Priority Payment Systems Atlantic, a leading professional association payments management services distributor.

Tallahassee, FL (PRWEB) August 28, 2013 — Exchange EDI, LLC, a leading healthcare cash flow and
payments management company announced today a strategic distribution relationship with Priority Payment Systems Atlantic, a leading professional association payments management services distributor.

“I am pleased to announce that Exchange EDI and Priority Payments Systems Atlantic have entered into a strategic distribution relationship that leverages the market presence and distribution channels of both companies,” stated B. P. Fulmer, Managing Partner of Exchange EDI. “Of particular interest to me is, while both companies are engaged in fostering payment processing and settlement efficiencies in the healthcare market, we have a common objective of changing paradigms, not just making incremental changes around the margins.”

Alan Brandfon and Scott Einiger, Partners of Priority Payment Systems Atlantic added, “ACMP” (Association Channel Medical Program) is the platform we are using to develop the healthcare professional association market as a distribution channel to deliver a set of proven cash flow management tools for the out- patient healthcare market. The services encompass patient responsibility settlement at the point-of-service, auditing of insurance payer under payments, patient benefit verification, and a lowering of all payment processing costs. The combined result of this program increases the profitability of the average practice by 7% to 12% without seeing any additional patients and without adding any additional staff. ACMP is the product and vision of a group of health care market professionals that set out to structure an effective solution designed for healthcare providers that, with the support of their professional associations, simplifies and manages payer cash flow control and patient settlements automatically.”

Mr. Einiger, has spent 27 years as a healthcare professional directly focusing on insurance payer under payments. Scott believes that the combination of efficiently lowering payment processing costs by Priority Payment Systems Atlantic and the groundbreaking technology implemented by Exchange EDI, will be a gamechanger in the Medical industry. Scott has extensive experience, and close relationships with medical associations and medical societies, and states that the demand and commitment for this product has been tremendous.

Mr. Brandfon continued, “We have engaged Exchange EDI as our technology and servicing partner. What is particularly exciting for us is that we have a shared vision of change. Their decades of experience in healthcare transaction processing and cash flow management services bring together the payments settlement and cash flow management components.

About Exchange EDI, LLC:
Founded in 2009, Exchange EDI is focused on developing intelligent technology solutions that integrate health and financial transactions into a single process, delivering information at the point-of-care to accelerate the cash flow management process while reducing administrative costs for providers and securing accurate payment from payers.

Contact:
Alan Brandfon – Partner
Priority Payment Systems Atlantic
info(at)ppsatlantic(dot)com
www.ppsatlantic.com
561-634-7442 Office
561-212-8808 Celluar

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