NEWS RELEASE
CCMSI Signs 5 Year Renewal with StrataCare
Irvine, Calif. - June 20, 2007 - StrataCare Inc., the premier national bill review software solutions and service company, today announced a five year contract renewal with Cannon Cochran Management Services, Inc. (CCMSI), an industry leading TPA based in Danville, IL.
StrataCare will continue to provide national bill review workflow solutions including scanning, OCR, and document management. This agreement also provides access to multiple PPO networks. Annually, CCMSI processes several hundred thousand bills per year through StrataWare software.
“CCMSI has been a great partner that pushes the envelope by using new technology in bill review,” commented Scott Green, CEO, StrataCare. “We have both grown through each others increasing expertise and greater adoption of workflow tools to improve efficiencies in workers’ compensation claims processing.”
"Over the past 5 years, StrataCare has proven to be an effective business partner. CCMSI, with StrataCare’s participation, have recognized a significant amount of savings to our clients. With the renewal of our relationship, CCMSI will continue to improve our processes and deliver excellent services and products as directed by our client needs.” Commented G. Bryan Thomas, President and CEO, CCMSI.
Founded in 1978, CCMSI is a leading third-party administrator for workers' compensation and property/casualty self-insurance programs. CCMSI provides claims administration, loss control, managed care, Internet claims analysis and reporting for 400 individual self-insured employers and 70 self-insurance groups in forty-three states from thirty-eight office locations. CCMSI’s industry expertise includes clients in public entities/government, manufacturing, health care, transportation, school districts, construction and gaming.
Founded in 1998, StrataCare provides comprehensive Internet-based national bill review software, workflow and outsource solutions to the workers’ compensation payer community. StrataCare’s innovative solutions saved over two billion dollars in workers’ compensation costs in 2008 for some of the industry’s top insurance companies, third party administrators, managed care companies, and self-insured employers. StrataCare’s service division, CareSolutions®, offers electronic and mail-in bill review services nationwide. For more information, visit www.stratacare.com or call 800-277-6512.
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