Newport Beach, CA/Brinklow, MD—May 20th, 2003—Old American, Inc., www.oldamericaninc.net, an international asset and technology solutions provider, has signed an agreement to represent HIPAAsuite, www.HIPAAsuite.com, a complete EDI front end software application for payers in the healthcare industry.

The HIPAAsuite is a software application suite that provides a time-critical complete HIPAA compliance transaction set including nine modules: HIPAA Suite Administration, HIPAA Communication Center, HIPAA Claim Printer, HIPAA Claim Pro, HIPAA Claim Status, HIPAA Enrolment Pro, HIPAA Eligibility Pro and HIPAA Authoring and Review Pro. In addition, HIPAAsuite provides comprehensive consulting including integration and implementation services that allow the exchange and processing of transactions to work with minimum disruption to users existing operations.

HIPAAsuite was developed by Healthcare industry technology consultant, Martin Scholl, who has spent the past several years working with HIPAA compliant EDI and code set requirements conversions developing modules and transaction sets.

With experience as a Senior Programmer with LA Care—the largest Medicaid HMO in the US—as well as Medmanagement, LLC, where he developed HIPAA compliant transaction sets, Scholl became an industry technology expert on HIPAA laws for PAYERS and the required EDI transaction set.

Scholl also worked closely with Ingenix Corporation, a provider of tools and consulting services that serve the entire health care community, supplying examples of EDI transaction set examples and providing his HIPAA expertise for a book that provides the healthcare industry with an in-depth outline of the procedures and overview of HIPAA compliance practices, “Transaction Set Companion.” The book was released the first quarter of 2003.

Scholl saw a critical need and an immediate solution that he could develop assisting small to medium sized Payers, required to implement this timely EDI solutions package, to become compliant with the federally mandated HIPAA law which goes into effect October, 2003.

In addition to his software expertise, Scholl has an excellent command of PICK basic and Visual Basic programming languages and has worked with both IBM Universe and UniData database administration which provided him with the foundation to build a customized software solutions package that is off the shelf and self contained addressing the complete transaction set compliance with a minimum disruption to existing operations.

About HIPAA
HIPAA stands for the Health Insurance Portability & Accountability Act. On April 14th, the new HIPAA Privacy Standards went into effect imposing a complicated set of requirements on employers, health plans and providers as well as related service providers. HIPAA was passed by Congress in 1996 as part of the Clinton administration’s effort to reform health care. Although HIPAA contains provisions that address a broad array of issues, at the time of its passage, HIPAA was viewed primarily as a law that would affect health insurers and employers by facilitating the transfer of health coverage for workers who changed jobs. HIPAA provisions dealing with the portability of health insurance coverage set forth in Title I of the Act, became effective in 1998.

Another significant part of HIPAA, set forth in Title II of the Act, enacted laws to combat health care fraud and abuse. As part of these anti-fraud provisions, Title II also included provisions dealing with “administrative simplification.” These provisions demanded that a wide array of electronic healthcare transactions conform to the X12 EDI standard and that all payers have to be able to conduct e-business in these standardized transactions. The intent of the law was to lessen the burden of providers who often have to support a variety of different electronic data formats that payers prescribed. As of October 16th, 2003, all mid-size and large payers have to comply with the new standard transactions while small payers have an additional year for compliance. Non-compliance with the HIPAA law can result in civil as well as criminal penalties with fines that can accumulate rapidly. HIPAA suite was designed to provide a complete EDI front end for payers that can be integrated with an existing application and help payers to become compliant in a relatively short time at an extremely affordable price.

Visit www.HIPAAsuite.com to view the application suite and to sign up for free email information regarding HIPAA compliance standards for PAYERS. Compliance checks used by HIPAAsuite are HIPAAdesk by EDIFECS (www.hippadesk.com and www.edifecs.com).

About Old American, Inc.
Understanding the dynamics of the marketplace as well as technology advancements in both software and hardware along with a history of quick, consistent program delivery provides Old American with the foundation and leadership necessary to instinctively compete in today’s technically intuitive world. In business since 1996, Old American’s flexibility and depth of experience enables the company to intelligently address the challenges customers face in structuring and obtaining optimal forms of technology solutions.

For more information, or to set up an interview, please contact:
Arturo Leon @ 949-219-0411 / aleon@oldamericaninc.net