FOR IMMEDIATE RELEASE

May 29, 2007

Alpha II unifies longstanding relationship between
veteran coding content and software development leaders

MEGAS and UnicorMed to deliver healthcare
revenue cycle data content and software solutions as a single brand

TALLAHASSEE, Fla. and MONTGOMERY, Ala. – May 29, 2007 – MEGAS, a leader in healthcare software development, EDI transactions and system integration, and UnicorMed, a leading coding software developer and publisher of ICD-9 coding material, today announced the combined branding of Alpha II. The collaboration merges the strengths of two industry pioneers in coding, compliance, claims editing and revenue analysis. The companies will continue to provide thousands of healthcare organizations and software developers with applications and developer toolkits.

“For nearly ten years, MEGAS has enjoyed a successful relationship with UnicorMed,” said Jan Powell, co-founder of MEGAS Corporation. “Moving forward under the Alpha II name clearly demonstrates to our developer and end user customers that our complementary companies share a singular focus — delivering the healthcare industry’s most advanced revenue cycle management solutions.”

Alpha II will continue to build upon its content-based suite of developer toolkits and applications that allow healthcare organizations to improve administrative efficiencies, increase revenue, ensure compliance and demonstrate clinical defensibility.

Plans are in place to unveil RevenueQueue, revenue analysis and denials management software later this quarter, to complement Alpha II’s current software offerings which include:

  • CodingSystem, a comprehensive code selection and editing tool;
  • ClaimStaker, a claims editing software that applies payer edits prior
    to claims submission; and
  • CodeWizard, a coding and claims editing toolkit for software developers.

“Alpha II symbolizes our shared objectives, and reaffirms our organizational commitments to our clients, channel resellers and software development partners,” said Rex Stanley, CEO, UnicorMed. “Both MEGAS and UnicorMed have built a strong foundation of expertise for this alliance, and it reflects in our staff – from top clinicians and registered health information administrators to software engineers, EDI specialists, certified coders, compliance specialists and business consultants.”

About Alpha II
The Alpha II technology solutions support coding, compliance, claims editing and revenue analysis for more than 30,000 healthcare professionals at medical practices, hospitals and health systems, clinics, billing services, outpatient facilities and other healthcare organizations, both commercial and governmental. More than 30 developer partners trust Alpha II solutions to enhance their practice management, electronic medical record (EMR) and other healthcare information systems. For additional information, visit Alpha II on the Web at www.alphaII.com.

About MEGAS Corporation
Based in Tallahassee, Fla., MEGAS Corporation has focused on healthcare software development for more than 25 years. The company has a long-term record of superior client support, as well as extensive experience with electronic data interchange (EDI) and third-party insurance rules for both professional and institutional claims processing and reimbursement. For additional information, visit MEGAS Corporation on the Web at www.megas.net.

About UnicorMed
UnicorMed is a leading coding software developer and publisher of ICD-9 code books, producing the first coding software for physicians. Based in Montgomery, Ala., the company’s coding, compliance and clinical software tools have increased compliance awareness and verified appropriate reimbursement in healthcare organizations for more than 20 years. For additional information, visit UnicorMed on the Web at www.alphaII.com.

Press contact information:
Dave Anderson, Dodge Communications, 770-998-0500 ext. 229
danderson@dodgecommunications.com

Jan Powell, MEGAS Corporation, 850-668-3922
jpowell@megas.net

Stuart Newsome, UnicorMed, 334-395-9807
snewsome@alphaII.com


 
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