MedCom USA Engages a New Payer Relationships Director to Engage Insurance Companies in Direct Connectivity and Provider Distribution Plans

MedCom USA Engages a New Payer Relationships Director to Engage Insurance Companies in Direct Connectivity and Provider Distribution Plans SCOTTSDALE, Ariz., Jan. 18 /PRNewswire-FirstCall/ -- MedCom USA, Inc. (BULLETIN BOARD: EMED) , a leading provider of healthcare and financial transaction solutions for the healthcare industry has engaged healthcare industry veteran, John G. Weidinger to expand their strategic relationships with national and regional health insurance companies. Mr. Weidinger's primary responsibilities will include obtaining expanded connectivity to key regional payers and the development of system distribution plans to Providers in conjunction with specific Payer programs. This will give MedCom the opportunity to distribute the MedCom System to tens of thousands of Providers requiring electronic connectivity with their Payers. Mr. Weidinger has over decade of experience working with Healthcare transactions and Payers including Proxy Med, Third Millennium Healthcare, National Data Corporation and Pharmacy Management Services. He brings a wealth of experience in the area of Payer relationships and distribution programs. With over 350 payers and plans for real-time medical eligibility, MedCom USA is the largest gateway in the USA. With over 1600 Payers in the United States, there is an opportunity to reach out beyond the current list and engage additional companies providing these services around the country as well as help them bring their Provider base in compliance with their EDI initiatives and requirements. According to Bruce Weitzberg, Spokesperson for MedCom USA, "Payers need to bring their Providers into compliance with Electronic Healthcare Transactions. Our MedCom System gives these Payers a mechanism for providing that compliance. We have developed a range of scenarios that will help the Payers reach their Provider effectively and economically. We can help Payers and they can help us distribute our system to a very large universe of Providers. This would give the Provider direct connectivity to the Payer as well as an all-Payer system and give the Payer a complete electronic transaction system from the Provider to their network. With John available to concentrate on this area of business development, we have an expanded opportunity to accelerate the distribution and the capacity of our System." MedCom USA has over 8,000 Healthcare Providers and more than 27 Hospitals already utilizing the system successfully throughout the United States. As the Healthcare Industry continues to develop electronic information processing, MedCom USA continues to be a leader in the field bringing transaction solutions right to the Healthcare Office. MedCom USA is also launching a web portal add-on to enhance the utilization of the terminal processes and a version of the POS System customized for Dentists. Weitzberg adds, "The MedCom System is a proven solution for expediting processing from the Provider. It reduces administrative headaches and improves the doctor's cash flow by providing real-time transaction solutions. With our Payer branded program, the terminal, service and transaction fees are minimized, providing a tremendous Return on Investment for the Healthcare office or facility and reducing the Payer's costs of data capture." For more information on the MedCom System you can visit their website at www.medcomusa.com or call 1 800 327 6537 x 680. About HIPAA HIPAA is the Health Insurance Portability and Accountability Act of 1996 that requires health providers and health plans to adopt standards for electronic administrative and financial transactions. About MedCom USA MedCom USA, Inc. (EMED) provides innovative solutions for electronically processing HIPAA compliant transactions within the healthcare industry. MedCom USA provides a terminal based service package and a compatible Web Portal add-on for physicians, clinics and hospitals and dentists that include the following services: Patient Eligibility, 100% Paperless Claims Processing, Electronic Referrals, Patient Easy Pay, Credit/Debit Cards, Check Guarantee and Accounts Receivable Financing. The MedCom USA Internet address is www.medcomusa.com. Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although MedCom USA, Inc. management believes the expectations reflected in such forward-looking statements are based on reasonable assumptions; it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in MedCom USA, Inc.'s SEC reports, including the company's most recent 10-K and subsequent 10Q-s. Source: MedCom USA, Inc. CONTACT: Kent Barghols of MedCom USA, +1-515-276-1180, kbarghols@msn.com Web site: http://www.medcomusa.com/ ------- Profile: International Entertainment