06/19/2007
Leading Health Plans Look to Kryptiq to Transform Provider Network Management
Company Unveils Customer Successes, Choreo 1.5 Suite, At AHIP Annual Meeting

Portland, Ore. – June 19, 2007 – Kryptiq, one of the nation’s fastest-growing providers of solutions for healthcare transformation, today announced an increase in the adoption of its Choreo® Suite of health plan solutions among leading health plans in the United States, based on the recent availability of its latest release. Health plans are turning to Kryptiq’s Choreo Suite to minimize financial risk, build and maintain competitive networks, and manage the increasing complexity of contracting with thousands of providers. The Choreo Suite enables health plans to maintain a competitive edge in the rapidly evolving healthcare industry through automating their entire provider contract management lifecycle, and providing plans visibility and access to the provider and reimbursement rate information necessary to successfully optimize provider networks.

At the upcoming Institute 2007 –AHIP’s (America’s Health Insurance Plans) Annual Meeting in Las Vegas, Kryptiq will be highlighting the success of recent Choreo customer implementations. These customers join many other organizations that are leading the industry by adopting Choreo as a platform for transforming provider network management. Many have spoken at industry events about the importance of automated provider contract management to their business strategy. Connie O’Brien, manager, Provider Information Strategy, will be sharing the perspective of The Regence Group in her AHIP Institute presentation, “Optimizing Provider Contract Management: A Health Plan Case Study.” The Regence Group is the largest not-for-profit health insurer in the Northwest/Mountain State Region, operating Blue Cross/Blue Shield plans in Oregon, Washington, Utah and Idaho.

“Health plans must reinvent themselves in response to the market demands of consumerism, information transparency and quality improvements,” said Janice Young, program director of Health Industry Insights’ Payer IT Strategies program. “Health plans are recognizing the need to differentiate themselves by quickly responding to market conditions and providing cost-competitive networks to members and purchasers. Network Management is a foundational business platform for responding to these new demands and achieving future success and differentiation.”

“We provide health plans with an overarching and transparent view of the entire provider network management lifecycle,” said Luis Machuca, president and CEO of Kryptiq. “More than 15 major health plans have already adopted our solutions and we are excited to continue to help these organizations become enablers of healthcare transformation, fulfilling their business strategies for the transparency and mobility of cost and quality data.”

About Kryptiq Corporation
Kryptiq is the leading provider of interoperability and workflow connectivity solutions for healthcare. Kryptiq streamlines healthcare communications among patients, providers, pharmacies and payers with secure messaging, electronic prescribing, disease management, and contract management technologies. By integrating these solutions with existing systems and applications, Kryptiq enables the trusted transport of health information where and when it is needed. Kryptiq’s fast growing customer base includes many of the nations top 100 integrated health networks, spans 48 states plus Washington, D.C., and includes well-known providers and payers such as Providence Health System, Capital Region Healthcare, MeritCare Health System, Eastern Maine Healthcare, Blue Cross and Blue Shield of Minnesota, and Northwest Permanente. For more information on the company, visit http://www.kryptiq.com/.

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Legal Notice: All rights reserved. Kryptiq is either a trademark or registered trademark and the Kryptiq logo is a service mark of Kryptiq Corp. Other product or service names mentioned herein are the trademarks of their respective owners.

Public Relations Contacts:

Nicole Loux
Racepoint Group
415-694-6705
nloux@racepointgroup.com

RJ Bardsley
Racepoint Group
415-694-6701
rbardsley@racepointgroup.com

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