AMISYS Introduces Release 11 of AMISYS 3000 Product

Care Choices completes beta testing of HIPAA-enabled software

ROCKVILLE, MD., January 29, 2002 - AMISYS, LLC, which offers information management solutions for health care payers, has introduced the newest addition to its highly evolved AMISYS 3000 product suite.

AMISYS 3000 Release 11 encompasses all of the features of prior AMISYS 3000 products and will assist customers in meeting the provisions of the Health Insurance Portability and Accountability Act (HIPAA), a federal regulation affecting nearly the entire health care industry. This product is designed to capture the data content required to support HIPAA-standard transaction code sets, including utilizing HIPAA-standard data elements and storing HIPAA-mandated data elements not required for claims processing in an EDI Supplemental Database.

"Our promise to develop and offer this product on January 28th has been kept," said Kathy McCarthy, chief operating officer of AMISYS. "This is another example of AMISYS's stability and commitment to its customers. We continue to deliver solutions to meet the needs of our customers from HIPAA compliance to timely product launches."

In addition, the AMISYS HIPAA Transaction Manager, a comprehensive tool that accelerates the process of receiving and returning HIPAA-standard transactions, is functional with Release 11. The HIPAA Transaction Manager is a value-added product and is the only HIPAA solution built and tested for the AMISYS 3000 system.

Beginning in Nov. 2001, Care Choices, a non-profit health care organization and subsidiary of Trinity Health, piloted the Release 11 product for 10-weeks. During that time, the Care Choices testing team worked with AMISYS staff to identify and resolve critical business issues before the product's January release to all customers.

Care Choices implemented the AMISYS 3000 product suite in 1996 and utilizes the product to process electronic claims, as well as to manage its HMO, Medicaid and PPO business functions.

"Care Choices is committed to meeting the requirements of HIPAA," said Laurie Westfall, chief administrative officer for Care Choices. "Beta testing the HIPAA-enabled AMISYS Release 11 software has furthered our efforts in complying with these important federal mandates. We fully expect to meet the October 2002 deadline for compliance with the HIPAA transaction code set requirements."

The AMISYS 3000 product line offers fully-automated applications including: benefit plan design and management; membership enrollment and eligibility; claims adjudication and payment; provider contract management, pricing and credentialing; financial applications; medical management; customer service/phone log; reporting; and security.

Platinum Equity, a leader in acquiring and operating technology companies, acquired AMISYS in July 2001. AMISYS works in tandem with another Platinum company, Synertech®, Harrisburg, Pa., a premier application services provider and administrative outsourcer to the health payer industry. Synertech offers application hosting and full administrative services for AMISYS 3000 and AMISYS C/S platforms in its data center.

AMISYS
AMISYS, LLC offers comprehensive information management solutions to health care payers. One product, AMISYS 3000, is a highly evolved suite that offers a comprehensive, robust and flexible solution to meet the information needs of a virtually unlimited variety of health care payer delivery models. It is very efficient, achieving high auto adjudication rates, and it provides extensive health care payer functionality. AMISYS 3000 automates all critical business functions, including membership enrollment and eligibility, claims adjudication and payment and provider contract management and pricing. A second product, AMISYS C/S, is a cost-effective health care payer information management solution that supports HMOs, provider-based payers, employers, unions and carve-out entities. Its applications help health care payers control their financial exposure while focusing on effective health care management.

Synertech
Synertech, incorporated in 1986, is a premier application services provider (ASP) and administrative outsourcer to the health care payer industry. Synertech offers application hosting; scanning and imaging services; claims and administrative processing; and consulting and implementation services. Synertech supports a multi-million-membership base through its outsourcing, application services and system maintenance customers that do business in the commercial, Medicaid and Medicare markets, including new delivery models such as defined contribution plans. Synertech, which is a Microsoft Certified Partner, has offices in Harrisburg, Pa., and Bloomington, Minn. It is owned by Platinum Equity.

Platinum Equity
Platinum Equity is one of the largest and fastest-growing private buyout firms in the United States, specializing in the acquisition and operation of global, mission-critical technology companies. Since the company's founding in 1995, Platinum has completed more than 30 transactions of global, mission-critical companies with leading Fortune 500 corporations including Williams Communications, Motorola, Staples, Fujitsu, WorldCom, AT&T and IBM. Today, Platinum Equity has a multi-billion dollar revenue base, an established infrastructure in North America, Europe, Asia and South America and a workforce of more than 10,000 employees serving more than 120,000 customers throughout the world. Platinum Equity was recently ranked by Forbes magazine as the 75th largest private company in the United States.

Care Choices
Based in Farmington Hills, Mich., Care Choices is a non-profit health care organization and a subsidiary of Trinity Health, one of the nation's leading providers of health care services. Since 1986, Care Choices has been providing quality health care to thousands of members throughout Michigan. Care Choices offers a broad, fully integrated network of physicians, hospitals and other health care professionals all sharing a strong commitment to improving the health status of the communities we serve by delivering effective and affordable health care. Care Choices HMO maintains the highest rating available of "Excellent" by the National Committee for Quality Assurance (NCQA).