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FOR IMMEDIATE RELEASE

Medata to Introduce Comprehensive Bill-to-Payment Service at 2004 National Worker's Compensation and Disability Conference MedataPay™ Will Dramatically Lower End-To-End Processing Costs Of Medical Bills And Facilitate Conversion Of Paper Checks Into Electronic Transactions

Tustin, CA. — October 18, 2004 — Medata, one the nation’s largest providers of bill review software and services for property/casualty insurers, state compensation funds, self-insured employers and third party administrators, announced today the company will introduce MedataPay™ at the upcoming National Workers’ Compensation and Disability Conference scheduled November 17 to 19 in Chicago.

Medata’s new service is the first technology solution that combines bill submission, bill review and electronic payment methodologies. The company will offer MedataPay™ to state funds, and national and regional payers, many of whom are seeking innovative technologies to reduce their operating costs. The MedataPay™ transaction platform is “Powered by Jopari”™ and was developed through a partnership with Jopari Solutions, Inc. of Concord, California.

The MedataPay™ service will allow insurance payers to reduce medical bill payment costs by up to 75%, making it easier for them to control administrative expenses of the type that have seriously eroded the industry’s financial performance. MedataPay™ enables payers to stream bill payment activity along one automated workflow channel, eliminating all of the time consuming hand-offs and virtually all inefficiencies and frictional costs associated with manual processing.

MedataPay™ seamlessly conforms to state jurisdictional requirements and will assist in identifying and reducing the incidence of payment related fraud. The service incorporates security and privacy safeguards that meet federal standards.

MedataPay™ Payer/Payee web portal services will allow payees to view, query, download or print bill payment information, as well as settle transactions online. These Portal services will eliminate mail, phone and fax query workflow, generating additional savings.

MedataPay is an adjunct service in conjunction with the Medata ToolBox™ that auto-adjudicates bill processing. This combined approach delivers what forward-looking payers say are today’s most critical bill and payment objectives:

Migrate to electronic medical bill submission, intake and workflow to increase efficiency and lower cost;Maximize cost containment by combining medical bill auto-adjudication with tools automating treatment and provider profiling;Acquire high efficiency payments capability (print/mail, EFT electronic remittance) and automated bill resolution services;
Obtain controllable 24/7 access to payment information.

Said Jack Zahm, Medata Senior Vice President of Marketing and Sales, “Our goal is reducing bill and payment cost, complexity, duplication of effort and administrative headaches. MedataPay™ will increase our customers’ savings and support their bottom line profitability objectives. We are pleased to introduce the insurance industry’s leading edge medical bill-to-payment solution.”

Janet Jamieson, Ph.D., Medata’s Director of Health Policy and Research, added that “In addition to offering medical providers the obvious convenience of electronic reimbursements, MedataPay™ delivers a compelling value proposition for payers. Our ROI calculator lets payers benchmark their conventional payment processing expenses against our automated solution. According to the California Commission on Health and Safety and Workers’ Compensation, electronic reimbursements save up to $10 per payment.”

About Medata

Medata's industry leading cost-containment software helps solve the problem of rising health care costs through efficient, reliable, mission-critical hardware & software solutions. In 1975, Constantine Callas, M.D. developed the first computerized medical bill reviewing program of its kind. With 30+ years of experience in medical billing review, Medata continues to lead the industry in cost-containment software products and services. Our clients reap the benefits of our market-leading position, and include Insurance Companies, State & Federal Agencies and 3rd-Party Administrators, as well as Self-Insured, Self-Administered, Managed Care Companies & Preferred Provider Network Organizations (PPOs). (www.medata.com)

About Jopari Solutions, Inc.

Jopari Solutions, Inc. provides industry-leading disbursement automation and web services. The company has unique expertise in enterprise level payment and remittance processing solutions, cash flow controls and financial reporting. Jopari’s web portal services generate significant direct and indirect administrative savings. “Powered by JopariPay™” services comply with state/federal regulations and HIPAA. Jopari also offers alternative benefit payment services, including direct deposit and stored value cards. (www.jopari.com)

Jopari Solutions, Inc. Press Contact
John Roberts
Senior VP of Marketing
Office : (925) 459-5218
Email : info@jopari.com

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