Press Releases and AnnouncementsGenSource Corporation and Diversified Healthcare Services, Inc. (DHSI)
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| VALENCIA, CA - April 23, 2001 - GenSource Corporation (www.gensourcecorp.com) and Diversified HealthCare Services, Inc. (www.dhsi.com) announce the formation of a national marketing partnership designed to promote the integration of GenSource's market leading GenCOMP for Windows workers' compensation claims software with DHSI's workers' compensation medical cost containment software and services. DHSI, in conjunction with sister company Innovent Technology, Inc., delivers automated medical cost containment software and service to workers' compensation payers through innovative business relationships and advanced proprietary bill review technology. "By converging solutions from two market leading providers of technology and services, GenSource and Diversified can take advantage of the synergy between our products and services, enabling us to provide our customers and potential customers with fully-integrated workers' compensation claims administration and cost containment software and services," states John Carolan, Director of Sales & Marketing for GenSource Corporation. "This partnership allows our companies to provide comprehensive solutions to our clients, rather than software or services alone." Integration advancement will include optimization of rules integration between claims and bill review, expansion of shared data sources, and enhancement of standard practices through advanced technologies. The companies plan to build on their windows-based, internet enabled applications to provide the industry with the first truly-integrated solution. "The market has been asking for something better, and we plan to provide that answer through integration of our technologies and services, and by bringing together two key functions in the workers' compensation cost containment arena-claims administration and medical bill review," says Tara Ambrose, Chief Operating Officer for DHSI. "By sharing the expertise our companies possess in national workers' compensation claims administration and medical cost containment, we plan to offer clients a new level of performance." About Diversified Diversified HealthCare Services, Inc. has been providing the highest quality of service and state-of-the-art technologies to workers' compensation payers since 1993. Diversified offers a comprehensive national service bureau for workers' compensation payers, including medical bill review, managed care services, and fee negotiation. Diversified's overall objective is to facilitate a high level of customer service by providing access to comprehensive information, exemplary database management, and flexible software applications tailored to specific client needs. For more information, visit www.dhsi.com. About Innovent Innovent Technology delivers practical software solutions to the healthcare industry through innovative business relationships and technologies. Innovent supports collaborative business partnership through flexible software licensing agreements and an open development environment. Innovent was founded in 1999 to provide national workers' compensation bill review clients with the latest technology and services, through remote software licensing, application service hosting, and on-site bill review services. For more information, visit www.innovent-technology.com About GenSource GenSource Corporation offers a comprehensive set of fully-integrated software systems for administering insurance-related claims and managing risk, including workers' compensation, non-occupational disability, property and casualty claims. Founded in 1977 as California Interactive Computing, Inc. (CIC), GenSource has more than 24 years of experience in the claims administration and risk management industries. Today, GenSource is distinguished by its high-quality of customer service, its willingness to customize its software for individual customers and by its feature-rich, fully-integrated product line. For more information on GenSource or its products, please contact John Carolan at (661) 294-1300 or by e-mail at jcarolan@gensourcecorp.com. The companies referenced herein are trademarks or registered trademarks of their respective companies. |
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