Third Eldorado Client Goes Live with Award-Winning JavelinaTM Payer Platform - Insurance News | InsuranceNewsNet

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February 27, 2012 Newswires
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Third Eldorado Client Goes Live with Award-Winning JavelinaTM Payer Platform

Business Wire, Inc.

PHOENIX--(BUSINESS WIRE)-- Eldorado (ELDORADO), a division of MphasiS, an HP Company, and a leading provider of health benefit and claims management platforms, announced today that HCC Medical Insurance Services, LLC (HCCMIS), is the third client to go live with Javelina, Eldorado’s award-winning payer platform. HCCMIS is one of the world’s largest web-based insurance providers.

HCCMIS is a full service organization offering a comprehensive portfolio of worldwide medical insurance products for over 100,000 domestic and international members in over 130 countries. HCCMIS is a subsidiary of the multi-billion dollar International Specialty Insurance group HCC Insurance Holdings, Inc.

“We have already noticed the benefits since going live in early December,” said Mark Carney, HCCMIS President and CEO. “Some of these benefits include enhancements to record retention, faster claim re-pricing and an increase in auto-adjudication of claims.”

According to Eldorado president Tom Castleberry, Javelina’s high-end technology is uniquely suited for HCCMIS’s sophisticated web portal that services medical and life insurance products for groups, missionaries, students, corporations and organizations during their international activities.

“This is an important milestone for Eldorado,” Castleberry said. “The decision by the leading innovator in the international medical insurance industry to select Javelina speaks volumes about our award-winning payer platform technology.

“Over 1,200 person-years were dedicated to developing Javelina and are already paying off for our first live clients, clearly demonstrating that Eldorado is ready for today’s business needs and tomorrow’s healthcare imperatives.”

Offered as a bundled solution with more than 20 available modules, Javelina incorporates fully integrated technology and functionality to ensure performance-driven operations. Javelina maximizes efficiency of enterprise resources and reduces manual processes by incorporating real-time workflow management. Javelina’s application functionality is inspired by the experience of supporting over 80 diverse administrators as well as Eldorado’s mission to raise payer expectations regarding operational performance and core system reliability.

Javelina is 5010 and ICD-10 compliant ready and is poised to provide payers with a new level in payer benefits technology performance. Eldorado is harnessing the freedom and flexibility of open-source architecture to provide payers and administrators with lower operational overhead, expanded interoperability, increased transparency across administrative metrics and improved return on core technology investment.

About Eldorado

Based in Phoenix, Ariz., Eldorado, a division of MphasiS, an HP Company, specializes in health insurance application development, business process outsourcing services, information technology engineering and operational consulting. The company serves the full spectrum of organizations engaged in managing health benefit plans including third party administrators, health plans, employers and self-insured organizations. Together, Eldorado customers manage five million lives and handle 35 million claims annually. For more information, contact 602.604.3100 or visit www.eldoinc.com.

About MphasiS

MphasiS is a global service provider with $1B in revenues, delivering technology-based solutions to clients across the world. With currently over ~40,000 people, MphasiS services clients in Banking and Capital Markets, Insurance, Manufacturing, Communications, Media & Entertainment, Healthcare & Life Sciences, Transportation & Logistics, Retail & Consumer Packaged Goods, Energy & Utilities, and Governments around the world. Our competency lies in our ability to offer integrated service offerings in Applications, Infrastructure Services & Business Process Outsourcing capabilities. To know more about MphasiS, log on to www.mphasis.com.

About HCC

HCC Medical Insurance Services LLC (HCCMIS), headquartered in the United States in Indianapolis, Indiana, is a full-service company offering international medical insurance and short-term medical insurance products designed to meet needs of consumers worldwide. HCCMIS is a subsidiary of HCC Insurance Holdings, Inc. (NYSE: HCC), a leading Specialty Insurance group. HCC’s major companies have a financial strength rating of AA (Very Strong) by Standard & Poor’s and Fitch Ratings and A+ (Superior) by A.M. Best Company. For more information on medical insurance plans, visit: www.hccmis.com.

For ELDORADOSally Else, 602-604-3100
[email protected]
or
MphasiSDeepa Nagaraj, +91 98452 56283
Corporate Communications
[email protected]
or
HCC Medical Insurance Services, LLCBryant Tutterow, 317-221-8037
[email protected]

Source: Eldorado

Copyright:  Copyright Business Wire 2012
Wordcount:  622

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