MedCost Benefit Services Selects Urix Analytic Platform for Healthcare Claims Analysis; Interface Tool Will Provide Enhanced Employer-Group Executive Summary Reports

CHESHIRE, CT - March 2, 2006

Urix announced today it has signed a contract with MedCost Benefit Services (MBS), a Winston-Salem, N.C.-based healthcare benefits administrator. Urix will provide MBS with an analytics and reporting solution designed to supply employer-group accounts with automatically-produced executive summary reports, supplemented by an intuitive, drill-down tool for web-based analysis of claims data.

MedCost Benefit Services will use the Urix Analytic Platform to implement a comprehensive employer reporting solution that supplements its current reporting efforts and enhances the reports MBS will deliver to its clients.

The Urix solution is a powerful yet easy-to-use interface for claims data analysis, enabling quick response to questions raised by employer clients. It is also capable of providing select group accounts with web-based access to the Urix interface, including in-depth analysis on claims information, the forecast of medical costs with the integrated predictive modeling tool, and the ability to compare utilization and costs to benchmark data.

"Identifying trends is a critical factor in helping employers manage their healthcare costs," said Mike Cornwell, Director of Marketing for MBS. "The Urix solution will improve MedCost Benefit Services' comprehensive reporting package. Our clients will enjoy detailed reports and analytical tools that are designed to enhance their decision making ability when it comes to managing healthcare costs."

Ron Wilson, Vice President of Sales at Urix, said, "As the managed care industry has evolved, MedCost Benefit Services has always stayed ahead of the curve. Urix is pleased to assist MedCost Benefit Services in continuing that tradition through its state-of-the-art business analytics software suite."

About MedCost Benefit Services

MedCost Benefit Services is the premier third party administrator (TPA) in the Carolinas. MBS provides a total solution to help employers control their healthcare costs. The MBS solution includes an outstanding PPO network, innovative and comprehensive health management services, benefit administration, and managing healthcare trends. MBS offers clients excellent personalized service that is innovative, flexible, and user-friendly.

About Urix

Urix (www.urix.com) is a healthcare analytics and reporting company that offers clients insights into claims data to proactively manage their healthcare costs while improving the quality and effectiveness of care. Urix solutions cleanse, balance and normalize clients' claims data from multiple sources and make it available through an easy-to-use, interactive analytics and reporting environment. Urix payor solutions enable carriers to provide their accounts with advanced reporting capabilities that can be typically implemented in only three to four months. Urix solutions for self-insured employers provide true performance-measurement statistics across health vendors.

CONTACT:

Urix, LLC
Herbert Ochtman
203-250-6077
[email protected]

Ron Wilson
919-542-6725
[email protected]

or

MedCost Benefit Services
Sara Freetly
336-774-4381
[email protected]