| Business Summary | | Claimsnet.com
Inc.
is
an
electronic
commerce
company
engaged
in
healthcare
transaction
processing
for
the
medical
and
dental
industries
by
means
of
the
Internet.
The
Company's
proprietary
software
allows
healthcare
providers
to
prepare
healthcare
claims
interactively
on
the
Internet
and
electronically
transmits
the
claims
to
the
Company
for
processing.
The
Company's
HealthExchange
is
a
set
of
Internet-based
healthcare
applications
designed
to
provide
all
four
core
health
network
constituents:
self-insured
employers,
health
plans,
doctors
and
employees/members
(consumers);
with
highly
customized
administrative
services,
health
and
disease
management
tools,
and
e-commerce
opportunities.
The
Company's
Website
is
structured
into
three
sections:
PUBLIC
INTERNET,
CLIENT
EXTRANET,
and
PRIVATE
INTRANET. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Claimsnet.com
inc.
is
a
leading
applications
service
provider
(ASP)
for
online
healthcare
transaction
processing
between
healthcare
providers,
principally
physicians
and
dentists,
payers
and
patients.
For
the
three
months
ended
3/31/01,
revenues
rose
90%
to
$532
thousand.
Net
loss
fell
32%
to
$1.3
million.
Results
reflect
the
internal
growth
of
the
number
of
accounts
and
higher
revenue
per
transaction,
partially
offset
by
lower
interest
income. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
263;
after
tax
earnings
were
-1,406. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bo Lycke, 53 Chairman,
Pres and CEO | $258K | Terry Lee, 45 Exec.
VP, Director | 156K | Jeff Baird Sr. VP, Technology | -- | Patricia Davis, 44 Sr.
VP | -- | C. Kelly Campbell, 41 VP-Fin.,
Sec. | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|