Monday January 28, 2008
Stow, OH – ProServe Health Informatics announced a definitive agreement with Capitol Administrators to utilize the complete Planwatch reporting package as a solution to assist in the discovery, verification and adjustment of detailed claim information. This value added service provides Capitol Administrators' broker partners/plan sponsors with the resources necessary to monitor and maximize a plans performance while minimizing plan expenditures.
“At Capitol Administrators, we felt we needed to change our standard report package to be more of an informative nature instead of just presenting data. We felt our clients and consultants needed a better high level overview of their benefit plans in an easy to understand presentation format and a simpler method to depict areas of the plan that may need attention”, said David Reynolds, President and CEO of Capitol Administrators. “At the same time, we wanted to offer both modeling and trending capabilities, to allow for improved planning for future benefit changes and their respective impact. Our reporting team felt that Planwatch offered the tools we needed to provide our brokers and consultants the power needed to make the analysis of their respective plans less cumbersome.”
“We are pleased to welcome Capitol Administrators into our family of Third Party Administrator partners,” said Georgeann Seuffert, Vice President of Sales at Planwatch. “By decreasing the amount of time required to access valuable detailed claim information, Capitol Administrators and their broker partners are able to spend more time with plan sponsors on proactive cost containment solutions and plan modifications. We look forward to providing them with the greatest access to health care cost information.”
Planwatch’s newest feature, Risk Analysis/Disclosure Reporting, will also be added to Capitol's reporting portfolio. Capitol recognizes the key to an effective disclosure process is finding the balance between too much and not enough claim information. Risk Analysis allows for the most up-to-date, accurate, disclosure and provides detailed reporting with drill down capabilities, to help identify the diagnosis of large claimants.
About Capitol Administrators
Located in Rancho Cordova, Capitol Administrators (CA) with affiliated operations in Atlanta, GA, and Irving, TX, Capitol Administrators is a Third Party Administrator that has embraced an employee benefit management company model. Capitol Administrators understands that in today’s environment, it requires more choices and more complex benefit strategies, therefore advanced technology is required for any managed care administrator. Capitol Administrators serves both the self-funded employer group market and government benefit applications. Their approach combines a commitment to exceptional service with an experienced management staff and leading edge technology. Capitol Administrators' ability to interact with myriad PPOs and insurance carriers allows them to provide self-funded employers with individually tailored managed care plans that control costs and manage the quality of care. Visit www.capitoladm.com.
About ProServe Health Informatics
Planwatch is a product of ProServe Health Informatics. It was developed in 2005 by company co-founders who recognized both the need and the solution for an economical, user-friendly, high level data analysis and reporting system for Third Party Administrators. This web based product allows Third Party Administrators to gain a thorough understanding of the needs of an employer population. By streamlining the reporting process, TPAs are able to share this valuable detailed claim information to assist their broker partners in proper claims management. Planwatch reporting packages include on demand reporting, comprehensive analysis, data exploration, historical plan modeling and disclosure reporting. Contact Georgeann Seuffert, V.P. Sales, at 234-542-3030 and visit www.plan-watch.com.