Expanded Presence Due to Increased Demand for Company's Claims Processing Software and Regional Support for Growing Client Base
Ashland, Oregon - January 28, 2003 - Plexis Healthcare Systems, Inc. announced recently they are expanding into Chicago, IL, Houston, TX, Portland, OR, San Diego, CA and Jacksonville, FL. The expansion is due to increased demand for the company's Claims Manager product, the premier claims processing software in the U.S. and international healthcare marketplaces. The company is also expanding into these regions to provide enhancedcustomer and technical support for their rapidly growing client base.
Plexis Healthcare recently announced record operational metrics. Fiscal year ending 2002 revenue increased 98 percent over the previous year's, and pre-tax profits exceeded $1,000,000 for the first time in the company's history. Outstanding debt was also reduced by 75 percent. Total installation of Plexis Healthcare products increased over 50 percent and the company increased staffing by 50 percent.
Plexis Healthcare System's highly-rated, core claims processing software, Plexis Claims Manager, provides a suite of products that offers payers, benefit administrators and health plans the functionality to facilitate accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management.
Jorge Yant, president and CEO of Plexis Healthcare Systems, attributed the company's recent expansion to the overwhelming acceptance of their claims processing software by the healthcare industry. "We knew we had an excellent product, but when you go head to head with your major competitors and clients choose your system, that's the kind of validation that really counts," Mr. Yant said. "Our Claims Manager product produces excellent results for our clients, and it is supported by the best team of employees in the healthcare industry. Our goal is to provide the best customer support possible and that means being close to your clients," Mr. Yant concluded.
Plexis Healthcare Systems
Press Contact:
David Goodwin
voice: 541-494-2549