NexgenRx Inc.

TSX VENTURE : NXG


NexgenRx Inc.

March 10, 2014 14:14 ET

NexgenRx Launches the Claimsxchange.com A Shared Provider Portal

TORONTO, ONTARIO--(Marketwired - March 10, 2014) - NEXGENRX INC. ("NexgenRx" or the "Corporation") (TSX VENTURE:NXG) is pleased to announce the launch of a shared Extended Health Care Provider Portal called theclaimsXchange.com, the next generation in web-based claims service.

theclaimsXchange.com provides a secure, efficient platform for both plan members and their providers by enabling extended healthcare providers to submit claims on behalf of their patients' at the point-of-service. This reduces out-of-pocket expenses for plan members and eliminates paper claim submission.

"We are delighted to launch theclaimsXchange.com providing a shared portal for all extended health care providers to submit claims on behalf of our plan sponsors, as well as other carriers and major Third Party Administrators across Canada," stated Ron Loucks, President & CEO of NexgenRx.

The shared Provider Portal features state of the art technology that is easy to use and compatible with all carriers and third party administrators' claim payment systems. In addition, theclaimsXchange.com has a database of over 100,000 accredited providers which provides accuracy, security and efficiency in transmitting, processing and paying claims. The Portal also allows for co-ordination of benefits and payment from healthcare spending accounts.

About NexgenRx Inc.

NexgenRx is Canada's leading technology-based independent health benefits plan administrator, providing proprietary on-line claims adjudication and web-based solutions to effectively manage benefits costs for plan sponsors and their members. More information can be found at www.nexgenrx.com or www.theclaimsXchange.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Contact Information

  • NexgenRx Inc.
    Ronald C. Loucks
    President and CEO
    416-695-3393 x801

    NexgenRx Inc.
    Liliana Martino
    Vice President, Sales
    416-695-3393 x805
    www.nexgenrx.com