Press Room

FOR IMMEDIATE RELEASE

JT² Integrated Resources Leverages Payment Automation to Empower California Clients Innovative TPA Teams With Jopari Solutions’ To Lock In Workers’ Comp Transaction Savings

Concord, CA. — November 16, 2004 — Jopari Solutions, Inc., a foremost provider of integrated payments automation services for insurance payers, and JT² Integrated Resources, Inc., a leading California Third Party Administrator specializing in public entity, high tech and healthcare industry workers’ compensation self insurance claim services, today announced commencement of production level automated disbursement services for JT² clients.

JT² becomes the first TPA in California, and among the first nationally, to roll out dynamic integration of financial transactions for clients, medical providers and claim vendors. JT²’s new Payments Portal is a milestone in efforts supported by key recommendations to Governor Schwarzenegger, submitted in August by the Commission on Health and Safety and Workers’ Compensation that would mandate electronic claim payments.

Jopari Solutions Vice President Kate Bennett, M.D. said: “We are very pleased to partner with innovators like JT² to bring low cost, high efficiency automated payment processing into the California workers’ compensation market. Electronic disbursement capability not only reduces processing costs for payers by 70%, but also is the preferred reimbursement method of virtually all medical providers.”

Required use of Medical Provider Networks by employers under the state’s latest workers’ compensation reforms is seen as a critical benchmark spurring adoption of electronic payments. The new MPN delivery model incorporates significant numbers of non-occupational physicians expected to demand EFT bill payment that mirrors the convenience and low cost of electronic healthcare claims adjudication.

Theresa Fernandez Executive Vice President of JT², pointed out: “Workers’ Compensation payers historically haven’t looked at their payment processing costs as a competitive issue. However, the insurance business today demands modern cash management efficiencies. Jopari’s low cost print and mail payment aggregation, EFT disbursements and payment portal services enable JT² to lock in operational savings, enhance client loyalty and optimize MPN arrangements.

Jeff Sandford, Chairman and CEO of JT², said: “Client satisfaction is critical to our success, and has been our first priority since we entered the California market in 1986. Our partnership with Jopari Solutions enhances our commitment to being the ‘next generation’ TPA based on data efficiency, cost containment and personal service. Jopari’s payment automation services give us at JT² a distinct competitive advantage as we embrace workers’ compensation reforms.”

Under the agreement, JT² adds flexible payment processing to its mix of client services, comprising conventional payment arrangements, electronic funds transfer, print and mail services, and personalized ‘cash cards’ that clients may use for stated-value injured worker benefits, as well as for a variety of other employee disbursements.

About JT² Integrated Resources, Inc.

We at JT² Integrated Resources are specialists in worker's compensation, providing predictable quality service which meets the needs of both clients and injured workers. The cornerstone principle which differentiates us from other administrators is that we treat clients and injured workers as we would expect to be treated.

JT² is a certified Minority Business Enterprise (MBE) with an experienced management team that integrates comprehensive management systems plus managed medical care techniques to deliver appropriate care and guarantee that our client's valuable funds have been spent wisely. JT²'s specific programs include: Comprehensive Loss Analysis Program Oriented Claims Management Flexible Risk Management Information Systems.

JT²'s staff will review your specific severity and frequency experience to assist in preventing losses before they occur. This approach to the "big picture" also is instilled in your claims examiner. Through open communication and innovative loss control solutions we can minimize your losses. Please visit us at: (www.jt2.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

Return to the Press Room