NASHVILLE, Tenn., Jan. 15, 2013 /PRNewswire/ -- HTMS, an Emdeon company, has been selected by the Colorado Health Insurance Cooperative (Colorado CO-OP) to provide strategic planning and an operational roadmap for the development of a consumer-owned health insurance plan. The Colorado CO-OP is a nonprofit, consumer-oriented and operated insurance company that aims to offer affordable, high-quality health coverage to individuals and small businesses. Sponsored by the Rocky Mountain Farmers Union Educational and Charitable Foundation, the Colorado CO-OP benefit plans will be made available through the Colorado Health Benefit Exchange and independent insurance brokers beginning in 2013.
The Patient Protection and Affordable Care Act of 2010 (ACA) contains provisions that provide start-up loans and capital reserves to promote new consumer-governed, private, nonprofit health insurance issuers. The Colorado CO-OP was formed under these provisions and seeks to improve consumer choice and health plan accountability.
"HTMS, with their health plan specific expertise, is helping us organize and accelerate our implementation," said Julie Hutchins, chief executive officer of the Colorado CO-OP. "We are thankful to have them as part of our team."
HTMS, an Emdeon company, is a management consulting firm focused exclusively on the healthcare market. HTMS's specialty is helping healthcare organizations achieve their strategic and operational objectives through the use of applied technology and business process optimization. HTMS offers consulting services to help clients innovate, solve problems and improve performance in an ever-changing healthcare environment. With a particular focus on technology and operations, HTMS empowers clients to achieve technology-enabled transformations.
Over the past ten years, HTMS has helped more than 100 health plans and delivery systems implement new products, expand their service areas, migrate to new system platforms and reengineer their business processes. Engagements range from complex, multi-year projects to concise and efficient assessments or market inquiries. For more information, visit www.htms.com.
Emdeon is a leading provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers and patients in the U.S. healthcare system. Emdeon's offerings integrate and automate key business and administrative functions of its payer and provider customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of solutions, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle and clinical information exchange processes. For more information, visit www.emdeon.com.
SOURCE Emdeon Inc.