Plexis Healthcare Systems Forms Partnership with Health e Connex to Offer Plexis ASP Service

Ashland, Oregon - July 7, 2003 - Plexis Healthcare Systems announced recently they have formed a partnership with Health e Connex to offer Plexis Software on a secure ASP Platform. The new Plexis turnkey ASP solution will allow clients to easily and inexpensively manage their claims and benefits processing while significantly reducing the complications and costs. The Plexis' ASP service uses the award-winning Plexis Claims ManagerTM application to automatically auto-adjudicate claims data and report the results of the adjudication. Clients can then reprocess, edit and pay claims, re-price, annotate and add other relevant metadata, within their company headquarters or from remote locations.

The Plexis' suite of products offers payers, benefit administrators and health plans the functionality to facilitate accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management.

Health e Connex is a wholly owned subsidiary of Accelerated Receivables Management, Ltd. (ARM). ARM, founded in 1979, specializes in several different aspects related to the financial well being of healthcare providers, such as assisting hospitals and other health care facilities with billing and collecting their receivables. In 1999, ARM founded an e-Commerce subsidiary called Health e Connex to make their clients totally paperless while helping them comply with HIPAA regulations. Health e Connex provides a single-source, affordable, end to end e-healthcare solution for transaction processing utilizing its extensive tools to process claims in a completely electronic mode regardless of the format of the claim or the provider's or payer's current system.

"The partnership between Health e Connex and Plexis is a perfect match," said Thomas H. Stateman, President of Accelerated Receivables Management, Ltd. "We both have extensive experience in health care claims processing, and our mutual company missions have always been to increase our clients' productivity and save them money. Health e Connex provides mailroom outsourcing, optical scanning, electronic document management, PPO repricing, and electronic payment to providers. Now we have a completely integrated system on an ASP platform for TPAs, IPAs, MSOs. PPOs, and HMOs. Our TPA Link program will allow existing claims processors, to be totally paperless with professional management of their IT function and do as much or as little of the back office functions as they like. We can even support brokers who want to add TPA services to the business capabilities," Mr. Stateman added.

Plexis Healthcare Systems' CEO and President, Jorge Yant stated, "This partnership provides Plexis clients with another way to cost-effectively manage their claims and benefits processing. An ASP solution provides our clients with excellent flexibility while at the same time significantly reducing their processing costs."

About Health e Connex

Health e Connex is a wholly owned subsidiary of Accelerated Receivables Management, Ltd. (ARM). Health e Connex core business is the provision of a secure, confidential, service infrastructure where data is continuously available to support the administrative process of healthcare delivery, while simplifying the exchange of data among healthcare providers and payers. For more information call (888) 874-1447 or visit www.healtheconnex.com.