SOURCE: Ebix, Inc.

EBIX, Inc.

May 20, 2016 10:11 ET

Ebix Enters the Nursing Education Business With Its Oakstone Continuing Medical Education Service Earning Accreditation From American Nurses Credentialing Center (ANCC)

JOHNS CREEK, GA--(Marketwired - May 20, 2016) -  Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial and healthcare industries announced today that its Oakstone Continuing Medical education service has been accredited as a provider of continuing nursing education by the American Nurses Credentialing Center's Commission of Accreditation (ANCC). The Oakstone Continuing Medical education service forms an integral part of Ebix's A.D.A.M. business unit.

With this accreditation, Oakstone can now offer continuing education materials, including recorded conferences, journal reviews and learning systems to help train nursing healthcare professionals.

This accreditation distinguishes organizations that demonstrate quality and excellence in the curriculum design and delivery of continuing nursing education (CNE). ADAM's Oakstone service met ANCC's comprehensive, evidenced-based criteria required to ensure that CNE activities for nurses are effectively planned, implemented and evaluated.

Ebix Chairman, President and CEO Robin Raina said, "We are very proud to be recognized by ANCC for our commitment to continuous improvement and the highest quality continuing education for nurses. Nursing professionals now can gain access to the highest caliber of education to meet certification or licensure requirements, which in turn contributes to improved healthcare outcomes. ANCC accreditation gives nurses assurance that by choosing Ebix products, they will receive the best CNE available."

Robin added, "This will open up a completely new revenue line for our A.D.A.M. Division while helping us to better utilize continuing medical education assets that we were providing to Doctors till now. The number of nurses in the country outnumbers Doctors by a large proportion. We are pleased to now have this accreditation, that opens up this large opportunity for us."

About ANCC Accreditation
ANCC Accreditation is a voluntary, peer review process intended to strengthen and sustain the quality and integrity of continuing nursing education, making it worthy of public confidence. Accrediting organizations, like ANCC, assess providers of continuing nursing education to ensure they meet rigorous global standards established by ANCC. The American Nurses Credentialing Center (ANCC), is a subsidiary of the American Nurses Association (ANA).

About Oakstone
Oakstone, the continuing medical education service is an integral part of Ebix's A.D.A.M. business unit. It is a leading provider of unbiased, multimedia continuing education. Oakstone serves the medical and dental communities with a vast array of continuing education materials, including recorded conferences, journal reviews and learning systems designed to help practicing medical professionals stay on top of their professions, improve patient care and prepare for certification/recertification exams. For more information, visit www.Oakstone.com

About A.D.A.M.
A.D.A.M. is a business unit of Ebix focused on providing innovative multimedia health content trusted by best-in-class websites, consumer health portals, healthcare, biomedical, medical device, pharmaceutical and academic organizations. For more information, visit the business unit's website at www.ADAM.com

About Ebix
A leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries, Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and risk compliance solutions to custom software development for all entities involved in the insurance industry.

With 40+ offices across Australia, Brazil, Canada, India, New Zealand, Singapore, the US and the UK, Ebix powers multiple exchanges across the world in the field of life, annuity, health and property & casualty insurance while conducting in excess of $100 billion in insurance premiums on its platforms. Through its various SaaS-based software platforms, Ebix employs hundreds of insurance and technology professionals to provide products, support and consultancy to thousands of customers on six continents. For more information, visit the Company's website at www.ebix.com

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