SOURCE: Cincom Systems

December 13, 2007 10:39 ET

Cincom and Valutech Partner to Provide Document and Claims Disbursement Solutions

CINCINNATI, OH--(Marketwire - December 13, 2007) - Cincom Document Solutions (CDS), division of global software company Cincom Systems, and Valutech, Inc., a leading claims disbursement and revenue life-cycle management solution provider, have formed a global partnership to provide critical document and claims disbursement solutions for the health insurance industry.

Most health insurance payors struggle with generating documents that accompany the claims payment and settlement process. They are also unaware that comprehensive document generation products are available that easily integrate with the claims disbursement process. This partnership will make document creation and claims disbursement solutions more easily attainable for Cincom's and Valutech's respective network of health insurance clients.

CDS provides health insurers with the tools to easily create, generate, and deliver personalized document communications such as claims letters, explanations of benefits, and member correspondence in real-time. Companies that implement CDS reduce document costs by 80%, improve production times by 90%, and virtually eliminate document errors.

Valutech's Universal Claims Disbursement System (UCDS©) gives insurance payors a comprehensive claims payment and revenue life-cycle system that handles all claims settlement for traditional and consumer directed healthcare (CDH) lines. Not only does UCDS© manage all aspects of outbound payments, it also allows payors to easily locate, correct, and reissue any payment, recover on overpaid claims, and output flexible electronic or paper financial information.

About Cincom

Cincom delivers and supports innovative software and services to simplify complex business processes. For nearly 40 years, Cincom has empowered thousands of clients worldwide to outperform the competition by providing ways to increase revenue, control cost, minimize risk, and achieve rapid ROI. Cincom serves insurance clients around the world including Molina Healthcare, MTL Insurance, Anthem Blue Cross Blue Shield, and Wisconsin Physicians Service Insurance. For more information about Cincom's products and services, contact Cincom at 1-800-2CINCOM (USA only), send an e-mail to, or visit the company's website at

About Valutech, Inc.

Valutech has been the leading provider of revenue life-cycle management solutions for over 20 years. Valutech's systems settle over $1.5 billion dollars per day of insurance claims and vendor payments. Incorporating the latest proven technology and methods, the UCDS© system processes payments and all of the related financial information including provider remittance information and member EOBs. Valutech supports all types of claims processing systems to deliver a single enterprise-wide settlement portal. Valutech delivers effective output management and financial controls and systematic handling of claims payment adjustments including overpayment recovery. UCDS© supports the latest Consumer Directed Health and other payment needs, ensures regulatory compliance, lowers payment costs, and supports effective cash management practices. For more information about Valutech's solutions and services, contact Valutech at 1-800-456-2991, send an e-mail to, or visit the company's website at

Contact Information

  • Media Contacts:
    Bill Austin
    Valutech Inc.

    Jillian Phelan
    Cincom Systems, Inc.
    Email Contact