SOURCE: MEDSEEK

January 24, 2007 08:00 ET

MEDSEEK Develops Patent-Pending "My Cost" Online Consumer Information Tool for Alegent Health

"My Cost" Estimator Propels Alegent Health to New Level of Consumer-Directed Healthcare

SOLVANG, CA -- (MARKET WIRE) -- January 24, 2007 -- MEDSEEK announced today that it has developed a revolutionary application to power Alegent Health's first-of-its-kind, patent-pending, online healthcare cost estimator tool, providing consumers with information on fees and out-of-pocket costs for nearly 500 common treatments and procedures. All estimates will be based on the consumer's individual health plan or financial situation.

Through secure web access at Alegent.com, patients will be able to use innovative benefit tools that integrate Siemens' eligibility checking with a custom-designed cost calculator to determine out-of-pocket cost estimates for certain procedures.

According to Alegent Health CEO Wayne A. Sensor, "Over the past 40 years, the healthcare industry has created a system in which there are virtually hundreds of prices for the same procedure. With 'My Cost' estimator and our quality reporting, we are providing a transparent system that helps consumers understand their true healthcare costs and expected outcomes for various treatments and procedures."

Sensor continued, "When we set out to develop our revolutionary 'My Cost' online tool, we chose MEDSEEK due to their ideal combination of integration expertise and portal technology development experience. In fact, we had personally experienced the extent of MEDSEEK's portal technology and services during the development of the Alegent Health website, corporate Intranet and Generation Patient. Thanks to our continued successful collaboration, many consumers will now have instant access to the cost of their healthcare, allowing them to make more informed healthcare decisions."

Alegent Health's consumer cost transparency project has been in development for over a year -- providing enough time to understand the needs of patients, families and the communities it serves. While some health systems have begun to provide consumers with "list price" or average cost information, Alegent Health's unique approach is truly customized for the consumer. "My Cost" provides information based on an individual's health plan or personal financial situation to help them determine the specific cost of a procedure or test, as well as out-of-pocket costs for many common medical procedures. Uninsured consumers will have access to a list of self-pay prices for frequently purchased services, in addition to information on financial assistance programs for cost-prohibitive services.

"We value the opportunity to collaborate on 'first-of-a-kind' initiatives, and it is especially exciting when that collaboration takes place with such a long term and prestigious client. We applaud Mr. Sensor's and Alegent's vision of patient and consumer empowerment," says Mike Drake, CEO of MEDSEEK, a leading provider of enterprise e-health solutions serving 600-plus hospital clients nationwide. "Through our technology, 'My Cost' can provide patients/consumers with the information they need to make critical healthcare decisions for themselves and their families in the comfort of their own home, office or any remote location. We are proud to join with Alegent in their quest to expand patient empowerment efforts through enhanced information access, transparent technology and improved decision-making."

About Alegent Health

Alegent Health is the largest not-for-profit, faith-based healthcare system in Nebraska and southwestern Iowa with nine acute care hospitals, more than 100 sites of service, over 1,200 physicians on its medical staff and roughly 8,500 employees. It's making healthcare better with an exceptional commitment to quality and by providing patient-focused care for the body, mind and spirit of every person consistent with its faith-based mission. Alegent Health continues the health ministry begun by its sponsors, Catholic Health Initiatives and Immanuel Health Systems. At Alegent Health, patients and their families find a continuum of care, from women's and children's services, primary care, wellness counseling, and senior care to cardiovascular services, orthopaedics, oncology, physical rehabilitation and behavioral health. For more information, visit www.alegent.com

About MEDSEEK

Solvang, Calif.-based MEDSEEK provides healthcare organizations with online portal management technology for more efficient communication and interaction among institutions, caregivers and patients. MEDSEEK's comprehensive software platform, PortalMaker E, developed specifically for healthcare and the web, creates the infrastructure for more powerful internet, intranet, portal and mobile solutions. With a library of over 140 proven application interfaces, MEDSEEK also provides clinical integration, leveraging existing health information systems (HIS) applications to function as the central viewpoint for all patient data. MEDSEEK, which has been recognized on Deloitte & Touche's Los Angeles Technology Fast 50 list for five consecutive years, has more than 600 installed hospital clients, including Henry Ford Health System, Advocate Health, Cardinal Health System, Pediatrix Medical Group and the Cleveland Clinic. MEDSEEK also maintains offices in Alabama and Mississippi. For more visit www.medseek.com or call 888-MEDSEEK.

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