E-Billing Solotion targets small medical providers.
Press Release Summary:
Designed for workers' compensation medical provider marketplace, P2P Direct internet-based electronic bill processing system offers essential connectivity between workers' compensation payers and medical providers. Providers can enter bills through P2P Link website and upload necessary attachments to ensure secure processing of workers' compensation bills. Bills are then validated within P2P Link transaction processing hub and electronically transmitted to payers.
Original Press Release:
Fiserv Launches New Provider-Based Product Offering
P2P Direct further simplifies provider services portfolio
Brookfield, Wis., February 12, 2008 - National workers' compensation e-transaction leader P2P Link, a business unit of Fiserv, Inc (NASDAQ: FISV), has announced the release of P2P Direct, a new product specifically tailored to the workers'
compensation medical provider marketplace.
P2P Direct responds to smaller medical providers' need for a fast track, efficient way to take advantage of P2P Link's electronic transaction processing hub. Providers can enter bills through the P2P Link website and upload the necessary attachments to ensure the quick, secure processing of workers' compensation bills. These bills are then validated within the P2P Link transaction processing hub and electronically transmitted to the workers' compensation payers.
"P2P Direct is ahead of any other clearinghouses that process Texas Workers' Comp bills" said Jena Culver with West Texas Orthopedics, "The support provided by the P2P Link team goes above and beyond. Other eBill services do not have the capabilities and do not measure up to P2P Link."
P2P Link has become widely recognized as the preeminent solution for secure, Internet-based Workers' Compensation e-Billing and proactive compliance tools that reduce costs as well as decrease administrative inefficiencies by increasing workflow productivity. This is particularly important in states such as Texas (and soon to be California), where emerging compliance issues have set the stage for additional reforms around the country. Through a collection of industry-first solutions, P2P Link provides essential connectivity between workers' compensation payers and medical providers.
"These are essential tools that have long been needed, particularly for smaller medical providers. These products put them on an even playing field with larger providers, allowing them to access the full suite of on-line tools and enjoy the benefits of electronic bill processing for smaller bill volumes," said Jewels Merckling, assistant vice president, Provider Development, P2P Link.
A simple two-step enrollment process allows providers to quickly join the P2P Link network and begin using the hub for bill entry and attachments. Once assigned a user ID, a message is sent in real time to the P2P Link Provider Enrollment team, which connects with them immediately to begin the implementation process.
Since all provider practices are different, P2P Link continues to develop alternative e-billing solutions allowing all providers to access electronic connectivity with the payer community. Benefits include immediate access to privileged communications,
including compliance updates and immediate notification of new P2P Link payers, their particular billing and payment protocols.
For more information on P2P Direct, visit www.p2plink.com, or contact Jewels Merckling at 469-417-7757 or wcproviders@
p2plink.com.
About P2P Link
Dallas-based P2P Link, www.p2plink.com, provides resource-saving electronic communications between workers' compensation medical care providers and payers. As part of an integrated suite of cost management products and services, P2P Link is part of Fiserv Workers' Compensation Solutions and has become widely recognized as the preeminent resource for secure, Internet-based electronic bill processing and proactive compliance tools that reduce costs and administrative inefficiencies by increasing workflow productivity. P2P Link is part of Fiserv, Inc. The Fiserv/P2P Link relationship provides financial strength, secure transactions and smarter, more innovative business solutions for customers and employee.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007. For more information, please visit www.fiserv.com.
Fiserv Corporate Contact:
Lori Stafford
Assistant Vice President Corp. External Comm.
Fiserv
262-879-5130
Lori.stafford@fiserv.com
