Ringmaster Technologies and EBIX Health Partner to Improve Stop-Loss Administration
|Overland Park, KS & Johns Creek, GA (September 24, 2019) – Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced that Ringmaster and EBIX Health have formed a partnership that will deliver a data integration interface to support RMT’s newest application – Smart-LinQ. Smart-LinQ will provide healthcare payers with an automated, integrated system for enhanced stop-loss policy administration and improved reporting. |
“The purpose of RMT’s Smart-LinQ application is to provide an integrated solution for administrative cost control by removing the manual processes associated with reporting and filing Stop-Loss contracts. We achieve this through a centralized, integrated approach using cloud-based technology to process multiple data feeds, normalize different file formats and automatically trigger actions based upon configurable events,” said Todd Roberti, CEO of Ringmaster. “EBIX Health has been an innovator over the years and I am excited about the opportunities that will arise from the integration of our two platforms”.
“We are very pleased to be able to offer our clients advanced technology through our relationship with RMT. Using RMT’s automated processes, our clients will see reduced administrative overhead and automatically be able to track specific, aggregate and aggregating spec deductibles, across both medical and Rx, claims allowing notices and filings to be sent to MGUs/Carriers without any manual reporting or intervention”, said Mark Brown Vice President of Sales, EBIX Health Division. “RMT has over a decade of healthcare and technology experience which, when combined with their unique platform, make them an extremely valuable partner”.
Version 1.0 of Smart-LinQ is immediately available for subscription. If you’re not an existing customer, you can sign up for a free demo of Smart-LinQ on the Contact Us page of RMT’s website at www.ringmastertech.com/contact
About Ebix, Inc. With 50+ offices across 6 continents, Ebix, Inc., (NASDAQ: EBIX) endeavors to provide On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries. In the Insurance sector, Ebix’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service (“SaaS”) enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administration and risk compliance services, around the world.
With a “Phygital” strategy that combines 320,000 physical distribution outlets in many Southeast Asian Nations (“ASEAN”) countries, to an Omni-channel online digital platform, the Company’s EbixCash Financial exchange portfolio encompasses leadership in areas of domestic & international money remittance, foreign exchange (Forex), travel, pre-paid & gift cards, utility payments, lending, wealth management etc. in India and other markets. EbixCash’s Forex operations have emerged as a leader in India’s airport Foreign Exchange business with operations in 32 international airports including Delhi, Mumbai, Bangalore, Hyderabad, Chennai, and Kolkata, conducting over $4.8 billion in gross transaction value per year. EbixCash’s inward remittance business in India conducts approx. $5 billion gross annual remittance business, confirming its undisputed leadership position in India. EbixCash, through its travel portfolio of Via and Mercury, is also one of Southeast Asia’s leading travel exchanges with over 2,200+ employees, 212,450+ agent network, 25 branches, and over 9,800 corporate clients; processing an estimated $2.5 billion in gross merchandise value per year.
Through its various SaaS-based software platforms, Ebix employs thousands of domain-specific technology professionals to provide products, support, and consultancy to thousands of customers on six continents. For more information, visit the Company’s website at www.ebix.com
CONTACT: Darren Joseph or Gautam SharmaIR@ebix.com or 678 281 2027
David Collins or Chris EddyCatalyst Global – 212-924-9800 or firstname.lastname@example.org
About Ringmaster Technologies, Inc. Ringmaster is a cloud-based healthcare software provider created to simplify and enhance administrative processes by utilizing cutting edge technologies. RMT offers the first fully automated workflow optimization solution that will drastically slash processing time and complexity while minimizing the turnaround time for Stop-Loss quoting, contracting, and policy administration. Ringmaster Technologies – Making Workflows Work Smarter. For more information, please visit www.ringmastertech.com