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Impact PaySystem introduces health insurance eligibility

Wednesday, December 12, 2007 — 16:04:59 (EST)

Memphis, Tenn., Dec. 12, 2007 -- Impact PaySystem today announced the introduction of Impact MD, an online health insurance eligibility product. Impact MD offers insurance eligibility online within seconds as compared to 18 to 25 minutes. The eligibility also eliminates doctor’s offices from having to go to the different provider websites to get the necessary information. Impact MD allows single point entry to obtain and view necessary information in a standardized format.

In addition to the eligibility, Impact MD will include an online electronic payment processing for the doctor’s offices with card present rates, eliminating the need for a terminal.

Impact PaySystem is initially going to offer Impact MD to agents and ISOs. The ISOs will have the capabilities of private labeling the product. “We are thrilled to finally roll out the Impact MD. Impact MD offers bundled value to the medical industry, at the same time providing services that will save them time and money” said Dee Karawadra, President and CEO. “The insurance product will also help open doors to the medical industry for our partners”.

About Impact Pay System:

Impact PaySystem was founded in Memphis, Tennessee in 2001. Impact’s primary activities include providing service nationwide for credit, debit, fleet card, ATM, check authorization, insurance eligibility and electronic benefits transfer (EBT) processing services to financial institutions, associations, supermarkets, lodging petroleum/convenience stores, other retailers, manufacturers, distributors, medical offices and wholesalers of all sizes, from individual facilities to multiple and chain operations. For more information, contact: Dee Karawadra, (877) 251-0778 or visit our websites: www.impactpaysystem.com , www.impactISO.com or www.myimpactmd.com .

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Source: Company press release. end of article

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