| Business Summary | | XCare.net
Inc.
is
an
electronic
commerce
service
provider
for
healthcare
businesses.
The
Company
has
developed
an
Internet-based
technology
platform,
XTiera,
using
extensible
mark-up
language.
Utilizing
XTiera,
the
Company
designs,
develops
and
hosts
custom
healthcare
Websites,
known
as
portals,
for
payers,
providers
and
other
healthcare
industry
participants.
Through
these
portals,
the
Company
links
health
care
providers,
payers
and
other
industry
participants
into
a
community
to
create
an
Internet
exchange.
The
Company
uses
XTiera
to
deliver
a
broad
range
of
applications,
services
and
electronic
product
offerings
that
streamline
and
automate
high-volume,
data-intensive
transactions
and
processes.
The
Company
processes
transactions
such
as
eligibility
checking,
claims
status,
referral
processing
and
physician
credentialing
and
enrollment. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | XCare.net,
Inc.
is
an
electronic
commerce
service
provider
for
health
care
businesses,
offering
an
Internet-based
technology
platform
that
processes
health
care
transactions
and
provides
related
services
for
payers,
providers
and
others.
For
the
six
months
ended
6/30/01,
total
revenue
totaled
$16.6
million,
up
from
$5.5
million.
Net
loss
applicable
to
Common
fell
47%
to
$4.4
million.
Results
reflect
new
consulting
contracts,
partially
offset
by
increased
personnel
costs. | More
from
Market Guide: Significant
Developments |
| | | Jeffrey
M. Krauss,
Chmn. Lorine
R. Sweeney,
Pres./CEO Gary
T. Scherping,
CFO/Sr. VP-Fin. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|