AARLA IMPLEMENTS COMPIQ SOFTWARE TO HELP STREAMLINE
COMPANY’S BILL REVIEW DIVISION PROCESSES
April 10, 2002 (LAKE FOREST, CA) -- CompIQ Corporation—a leading provider of bill review software and services—was recently selected by American All Risk Loss Administrators (AARLA) to provide medical bill review software to their managed care division, Total Managed Care.
AARLA is a Fresno, California-based third-party administrator for workers’ compensation claims.
A leader in cost containment services, Total Managed Care (TMC) will implement CompIQ Corporation’s
IQReview® software into their newly formed bill review division at the Fresno headquarters. The initial installation will integrate medical bill review information with AARLA’s existing claims management software and accounts receivable systems. This installation will also include a secure web-enabled program, which will allow AARLA’s bill review experts to utilize the application from virtually any location with Internet access.
“This is another step in a series of initiatives to streamline our processes and maximize profitability,” said AARLA president Steven Wigh. “We expect the increase in net revenue will be immediate.”
“This partnership highlights, yet again, how a increased level of bill review capabilities can affect cost management for a company,” added CompIQ Corporation’s president Art Zeiner. “AARLA works to support their clients and our Internet-based software will expand those capabilities. It’s the perfect marriage.”
AARLA is a division of KRM Risk Management, a leader in Rental Captive Insurance and other alternative risk financing programs. KRM helps insurance agencies increase revenues by participating in underwriting profits in which they are willing to share a portion of the risk involved with selected accounts. Their clients include third party administrators and insurance companies, as well as public and private self-insured organizations throughout the country.
Headquartered in Lake Forest, California, CompIQ Corporation provides bill review services and software leasing nationwide using their leading-edge
. Founded in 1997, CompIQ Corporation has pioneered managed care services and is a leading provider of medical bill review software solutions and service within the workers’ compensation industry. Utilizing several components, the company can design a program suitable to any customer’s unique needs. With the introduction
--the only complete web-based, 32-bit software system in the marketplace—CompIQ Corporation has broken new ground within the industry. CompIQ makes it possible to deliver bill review software solutions via an intuitive, web-based Inter-intranet application—the only true, web-enabled application for use by cost containment companies.