NewswireToday - /newswire/ -
Bala Cynwyd, PA, United States, 2007/07/20 - Coriendo will develop the system using Enj, an award-winning BPMS product, that allows business processes to be automated and configured without the need to write computer code - NHPN.net / Coriendo.com.
National Healthcare Payer Networks (NHPN) LLC’s President and Chief Operating Officer, Ian Michel, announced today that it had awarded a contract to Coriendo, LLC, a provider of business process management solutions, to design, develop and implement an enhanced claims processing system.
National Healthcare Payer Networks, headquartered in Wayne, PA, was created to provide a holistic approach on non-governmental payer reimbursements to maximize revenue collections on behalf of healthcare providers. NHPN is currently working with profit and non-profit providers across the United States. NHPN was formed by former insurance executives who understand how the payment process works and how to negotiate with insurers. Michel pointed out that “This investment in technology will help implement NHPN’s strategy which is to change the current long receivable cycle into a shorter receivable cycle and immediately improve an organization’s cash management.”
Michel added that “This new claims processing system will allow us to continue our strong record of growth, and give us the flexibility to scale up to handle the increase in the new business opportunities already in our pipeline. Coriendo has a truly innovative software BPM tool that makes it possible to configure business process solutions without the need to write computer code.”
This contract is a follow on to an earlier consulting project that Coriendo completed for NHPN in May, 2007. “Coriendo is pleased to continue its relationship with NHPN and to play a role in its corporate expansion” said Peter McGrath, Coriendo’s Chief Executive Officer.
About National Healthcare Payer Networks
NHPN (nhpn.net), founded in 2005, is a privately held limited liability company which is based in Wayne, PA. It specializes in handling out-of-network claims processing and providing a level playing field for healthcare providers with respect to payment and negotiation. NHPN changes the formula and allows its clients to act on a proactive methodology so as to restore the power of negotiation and payment with the provider. For more information please contact: Ian Michel at 610-725-0785, or by email at imichel[.]nhpn.net.
Coriendo, LLC was formed in 2003, is privately held, and is based in Bala Cynwyd, PA. Coriendo uses Enj, a business process management suite of software products, to provide solutions to business and governmental organizations.