IBA Health Limited's (ASX:IBA) eHealth Network Now Connects 30 Australian Health Funds

Wednesday May 14 11:03 AM

Sydney, Australia, May 14, 2008 - (ABN Newswire) - IBA Health Group Limited (ASX: IBA.AX)(PINK:IBATF) - Australia's largest listed health information technology company today announced two additional Australian private health insurance funds will connect to its expanding eHealth network for real-time, point-of-care electronic health claiming and payment services.

These latest agreements are with HBF and GMF Health funds. With more than 900,000 members, HBF is the leading provider of health insurance in Western Australia. Also based in Western Australia, GMF Health provides health insurance to more than 60,000 members across Australia.

IBA now has agreements with 30 health funds, which collectively represent 98% of privately health insured Australians. Privately insured Australians can settle their accounts on the spot with their health insurer and health care professional through connectivity to IBA's HealthPoint claiming service.

HealthPoint gives healthcare professionals and their patients an efficient, easy-to-use single point solution for EFTPOS, patient claims to health funds and, where appropriate, Medicare claims. By automating and streamlining the entire health claim and payment process, IBA's solutions are enabling health fund insurers to lower costs while providing more efficient and effective services to their members.

Both HBF and GMF are expected to go live with IBA's HealthPoint service from August/September this year with claiming for optometrists, dentists, chiropractors, physiotherapists and podiatrists

Nigel Lutton Managing Director of the iSOFT & IBA Business Units in Australia said "We are delivering tangible business benefits to a growing list of health funds, healthcare providers and hospitals that are committed to processing and settling health claims electronically. With expertise across all health sectors, we are in a strong position to meet the complex health and e-business demands of health funds, health professionals, government and the health consumer".

About IBA HEALTH LIMITED:

IBA Health Group Limited (ASX: IBA.AX) is the largest specialist information technology company listed on the Australian Securities Exchange.

IBA builds software applications for healthcare. We work with healthcare professionals to design and build solutions that answer all of the difficult questions posed by today's care delivery challenges. Our solutions act as a catalyst for change, supporting the free exchange of critical information across diverse care settings and participant organisations. We are the leader in the provision of advanced application solutions in modern healthcare economies around the world

Today, over 13,000 provider organisations in 35 countries across five continents use IBA's solutions to manage patient information and drive improvements in their core processes. The group's sustainable development is delivered through careful planning, in-depth analysis of our market and anticipation of evolving requirements. Our business is driven by the collective talent, experience and commitment of over 3,500 healthcare IT experts around the globe.

A global network of IBA subsidiaries, supported by an extensive partner network, provides substantial experience of national healthcare markets. As a result we offer our customers comprehensive knowledge of local market requirements, in terms of culture, language, working practice, healthcare regulation and organisational structure.

For more information on IBA Health, please visit the Company's website at www.ibahealth.com

Contact:
Gary Cohen
Executive Chairman & CEO
IBA Health Group Limited
Phone: +61 2 8251 6700
Email: gary.cohen@ibahealth.com

Media
Greg King
Group Communications & Marketing Director 
IBA Health Group Limited
Phone: +61 413 621 111
Email: greg.king@ibahealth.com
 


Source:

IBA HEALTH LIMITED

Copyright (C) 2008 ABN Newswire. All rights reserved.
ABN Newswire

All Stories


Related Quotes
chart All Detailed Quotes
Delayed 20 mins
Quote data provided by Reuters
Top Stories
· BHP Billiton shares hit record on China stake talk - Reuters Finance News, Australia, ( Wednesday May 14, 2008, 1:15 pm)
· We weren't consulted on Budget changes: petroleum industry - ABC Business News, ( Wednesday May 14, 2008, 1:08 pm)
· Offshore holdings of NZ govt debt rose in April-RBNZ - Reuters Finance News, New Zealand, ( Wednesday May 14, 2008, 1:05 pm)
· MPs will vote on power sell-off: Costa - ABC Business News, ( Wednesday May 14, 2008, 1:04 pm)
More...

Finance Message Boards
Most recent posts:
champagne annie...in at sale tomorrow35
TSV to hit 4 cents again4
Padbury (PDY)0
Gold and Silver1778
gold goes up on bad economic news4
More Finance Boards

Email this Article Email this story - Print this Article  Printer friendly version

Next article:Image Resources (ASX:IMA) Clarification of Disclosures Lodged by ASX:ANZ
Previous article:Uranium Exploration Australia Limited (ASX:UXA) Appoints Mr David Godfrey Joint Secretary



Copyright © 2008 Yahoo!7 Pty Limited. All rights reserved.
Advertise with Us - Privacy Policy - Terms of Service.