SOURCE: HealthEdge

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November 30, 2010 07:50 ET

HealthEdge Wins Innovation Award for Best Case Study at 2010 Healthcare IT Summit

Healthcare Industry Executives Recognize Company for Third Time in Four Years

BURLINGTON, MA--(Marketwire - November 30, 2010) -   HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, today announced that the presentation given by COO Ray Desrochers and CTO Matt Kuntz titled "Surviving the Perfect Storm: The Need For 21st Century Healthcare Technology" was voted Best Case Study Presentation in the payor category by the healthcare executives who attended the 2010 Healthcare IT Summit in National Harbor, Md. This is the third time in four years that industry experts at this prestigious event have selected HealthEdge for a Healthcare IT Innovation Award.

This year's Healthcare IT Summit brought senior IT executives from healthcare payor and provider organizations together with industry analysts and leading healthcare vendors. The event embraced market issues, trends and solutions including new healthcare government regulations and the integration of new technologies. The business intensive format included analyst-led sessions, vendor-led keynotes, private boardroom appointments, payor and provider breakout sessions, a Solution Showcase of exhibitors and a variety of networking functions.

"This Innovation Award is yet another powerful validation of our vision and strategy," said Ray Desrochers, COO of HealthEdge. "In order to effectively compete in the 21st century healthcare economy, we believe that payors will need to embrace next-generation technology solutions. Based upon the overwhelming feedback that we received at this year's event, it is clear that the payor executives attending the Summit agreed. We are grateful for their continued support, and we look forward to helping them navigate the rapidly changing healthcare landscape and achieve their business goals."

Using HealthRules, payors are able to quickly and easily design and implement any type of benefit plan or provider contract, regardless of complexity, in only hours or days, not the weeks or months that are normally required with other systems. They are also able to immediately take advantage of new market opportunities, automate all of their existing lines of business, increase business transparency, provide superior customer service, and rapidly adopt new standards including ICD-10. 

HealthEdge is a privately owned software company based in Burlington, Mass. Its lead investor, Psilos Group, is a venture capital firm that is focused on providing venture and growth capital to innovative companies operating in the healthcare economy.

Download a photo of the award recipients here.

About HealthEdge
HealthEdge® provides the only modern, enterprise-class software platform for healthcare payors. Using the patented HealthRules® software suite, health plans, health insurance companies and other payors can finally respond to new business opportunities and market changes in hours, not months or years, while drastically reducing both IT and operational costs. Leveraging an investment of over $125 million, HealthRules is the most modern, scalable and cost-effective technology in the industry. HealthEdge is the only choice for payors to survive and thrive in the emerging healthcare economy. For more information, visit www.healthedge.com.

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