Preferred Medical Claim Solutions

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Founded in 1998, Preferred Medical Claim Solutions assists various payers, including insurance carriers, self-funded employers, third-party administrators and providers in the settlement of medical claims. The company uses state-of-the-art custom electronic interchanges, enabling parties to process claims, and reduce paperwork and time required to render payment for services. Through its advanced funded provider program, it assists more than 400,000 providers in receiving payment on outstanding receivables within five days following benefit verification. The company has created customized software that provides an electronic date interchange from the client s claim operating system directly to the company during the normal process of claim submission, repricing, adjudication, and check writing. The company has EDI connectivity with various claims processing systems. It also provides a program that allows clients to eliminate asset allocation and information technology capital investment in infrastructure development. Preferred Medical Claim Solutions is located in Scottsdale, Ariz.