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FOR IMMEDIATE RELEASE Foresight Contact:
Columbus, OH, March 17, 2006 – Two leading healthcare organizations have reinvested in Foresight Corporation by selecting Foresight’s Transaction Insight® family of real-time and community management solutions. Under the new agreements, Foresight customers Blue Cross Blue Shield of Alabama and Blue Cross Blue Shield of Michigan will use Transaction Insight for the management of transaction processing and validation “Our customers rely on Foresight to help them lower administrative costs, increase first pass rates and improve provider relations by providing a way to streamline the handling of millions of transactions every year,” said Foresight CEO Robert A. Fisher. “Foresight is gratified that BCBS of Alabama and BCBS of Michigan are expanding their relationship with the company via a product suite that’s proven itself time and time again in the marketplace.” Foresight’s Transaction Insight Suite was first introduced to support the HIPAA mandate for administrative simplification, and has grown into a suite of products that provides business intelligence through the full management of transaction operations. For more information, visit www. foresightcorp.com. About Blue Cross Blue Shield of Alabama Blue Cross and Blue Shield of Alabama administers health and dental programs for employers throughout the state of Alabama. The company provides coverage for more than 29,000 companies including most of the state's largest companies. Blue Cross Preferred Care is the largest network in Alabama and one of the largest preferred provider networks in the country. For more information, visit www.bcbsal.org About Blue Cross Blue Shield of Michigan Blue Cross Blue Shield of Michigan, a nonprofit corporation, provides or administers health care benefits to just over 4.7 million members through a variety of plans: Traditional Blue Cross Blue Shield; Blue Preferred, Community Blue and Healthy Blue PPOs; Blue Choice Point of Service; Blue Care Network HMO, and Flexible Blue plans compatible with health savings accounts. Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association. For more information, visit bcbcm.com. About Foresight Corporation More than half of all Blue Cross/Blue Shield organizations trust Foresight Corporation’s transaction automation systems to provide insight into business operations while securing HIPAA compliance, shortening revenue cycles, reducing costs and improving provider relations. Since 1990 Foresight has helped its customers build networks compliant with government, industry, and organization standards, connect partners, validate transactions, and filter them for fast and easy repair. Today Foresight is the leader in transaction automation and pioneer of the first just-in-time business intelligence techniques for healthcare. For more information, visit the company at www.foresightcorp.com or call 1.888.500.0800. ###
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