News Archive
September 21, 2011
Apollo Health Street Teams with Virtual Benefits Administrator to Provide 5010 Interfaces
Conshohocken, Penn. – Apollo Health Street, a developer of world-class solutions that tackle healthcare's toughest financial and IT challenges, recently announced their new strategic partnership with Virtual Benefits Administrator to complete the 5010 interface project for VBA's claims platform.
VBA provides one common architecture for all benefit plan management processes. It allows medical, dental, vision, disability, life, FSA, HRA, and HSA claims to be processed in one easy- to-use software application. Along with the application, customer service, plan management, and reporting are included.
"We are excited to team Apollo's subject matter and IT expertise with VBA's robust claims platform. As the HIPAA guidelines have been enhanced to allow for the introduction of ICD-10, many health plans and TPAs are struggling with system integration. The solution we are collectively developing is a timely offering for the industry," said John G. Murtha, senior vice president of health plan solutions for Apollo.
Apollo's IT Services team quickly mobilized to begin the process of completing the building of 15 HIPAA-compliant 5010 interfaces for VBA's current client demand. They will then prepare an additional 76 interfaces for VBA clients. Apollo's global resources bring together proprietary tools and techniques with industry-leading development methodologies and frameworks.
These new HIPAA compliant formats will be utilized by all health and dental payers beginning in 2012.
Apollo will also be partnering up with VBA to provide its overall implementation capabilities to augment VBA's current implementation resources.
"The combination of Apollo Health Street's comprehensive, global resources and VBA's flexible, innovative architecture provide an unparalleled, world-class offering that raises the bar for claims and benefit administration system conversions. The entire world is struggling with reducing the cost of healthcare. This combination provides a reliable, cost-effective solution," said Thomas W. Witter, president of VBA.
About Virtual Benefits Administrator
Virtual Benefits Administrator (VBA) is a flexible, cost effective, enterprise-level solution for all aspects of claims processing and benefit management. VBA provides clients with the 3 key elements necessary to achieve and maintain a leadership position in a very competitive healthcare business. Flexibility, Functionality, and Technology.
Flexibility is the hallmark of the system. VBA's architecture provides flexibility that empowers users with the ability to make changes and adjustments to respond to market demands easily and efficiently.
VBA's functionality is comprehensive and user friendly. Users can navigate quickly and easily throughout the system to get all of the information they need in a matter of seconds. This translates into time savings and improved customer service.
VBA's technology is leading edge and allows companies to take advantage of the efficiency and scalability of Smart Client Technology and Offline Adjudication.
For more information: www.vbasoftware.net
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