A leading Indian Public Sector Insurance Company is IndiaVima's prestigious customer
April 2008 – A leading public sector Insurance Company has selected IndiaVimaTM, a software solution to underwrite & issue CanComfort & CanMediclaim policies to credit card holders of Canara Bank. IndiaVimaTM, a collaborative platform for mediclaim insurance, has successfully streamlined & executed the entire business flow between the Insurance Company, Canara Bank, E Meditek & Canara bank's credit card holders from the last Quarter of 2007.
Customers are delighted with IndiaVima application and service provided by ObjectOrb Technologies. Few excerpts from customers are shown below:
" The software solution provided by your organization (ObjectOrb Technologies) is extremely user-friendly and has considerably reduced data errors and double debits. Electronic interface with Canara Bank for debiting the premium is seamlessly done and no errors are reported. Policies underwritten have been dispatched to the policy holders, making them quite happy.
Your involvement in meeting the customer's requirements is amazing....and for each "promise" you had committed to us, you have delivered the requirements before being reminded of the same."
- Deputy Manager, Leading Public Sector Insurance Company
"The software has fulfilled the need for a software solution to handle the financial transactions between Canara Bank & the Insurance company for Mediclaim policies. Operational time has drastically reduced, helping us in faster turn around time with the Insurance Company.
I am of the belief that IndiaVima can add value to Mediclaim business of other Banks and Insurance Companies"
- Divisional Manager, Canara Bank
Click here to know more about IndiaVimaTM
ObjectOrb signs MoU with FCG for eprovionTM
BANGALORE, 3 Mar 2007 - ObjectOrb announces partnership with FCG for eprovionTM product marketing, sales, implementation and support in the US market. eprovionTM is a contract management software for the healthcare industry. FCG offers various products to the US market and eprovionTM will be part of their FirstSuite offering.
Click here to know more about eprovionTM
ObjectOrb announces the General Availability of IndiaVimaTM
BANGALORE, 10 Nov 2006 - ObjectOrb today announced the general availability of their health insurance portal IndiaVimaTM for the Indian market. IndiaVima streamlines the business processes involving various stakeholders like insurance companies, employers, TPAs, brokers and banks in the Group Health Insurance industry.
Click here to know more about IndiaVimaTM
ObjectOrb Achieves CMMISM Level 5
ObjectOrb Technologies Pvt Ltd has been appraised at Level 5 of Capability Maturity Model – IntegrationSM (CMMISM). ObjectOrb achieved ISO certification in 2002 and completed CMMI level 5 appraisal in 2006. The appraisal was carried out by i-flex Consulting by its SEI Authorized SCAMPISM Lead Appraiser GR Sivaramakrishnan. After achieving ISO certification in 2002, ObjectOrb management team set a goal of operating at the highest maturity level as a software development organization. The successful appraisal at level 5 demonstrates that ObjectOrb is operating as a high maturity organization and joins a select number of organizations to have achieved such distinction.
Raghu Hudli, Managing Director and CEO, says, "Our high process maturity will help us in delivering the right solutions to our customers in an effective way. Our goal from the beginning has been delivering high quality products and services. CMMI Level 5 assessment is an important milestone. Our quality journey continues."
Anand Hudli, Executive Director and COO, says, "Being a CMMI maturity level 5 organization, we are better positioned to achieve some of the most important objectives of every software company – reduction in cost, reduction in schedule slippage, increase in productivity, reduction in defect density, and increase in customer satisfaction."
Sathish Pathakota, VP of Client Relations and Quality, credits the organization's management team and staff members for setting a goal and achieving this distinction. Having worked with fortune 50 companies and clients, Sathish feels that ObjectOrb is unique in its approach of focusing on operating as a high maturity company. It is a proud moment for every member of the organization to be working in such a world class organization. Working with consultants from i-flex Consulting in this project provided ObjectOrb good insight into adopting CMMI model and practices to a software development organization.
According to GR Sivaramakrishnan, SEI Authorized SCAMPISM Lead Appraiser, "ObjectOrb has demonstrated high maturity practices in all their Software product development life cycle activities with a very strong focus on continuous process improvement. The SCAMPISM appraisal team could witness a very strong commitment to internal process improvement from people at all levels, particularly a very strong visible commitment at Senior Management level. This appraisal reinforces once again our belief that organizations such as ObjectOrb would stand to benefit higher business value & employee morale through appropriate adaptation of CMMI model for their internal process improvement."
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ObjectOrb announces the release of Transemble product. 'Any database, Any format' Integration solution.
BANGALORE, 09 Dec 2005 - ObjectOrb releases Transemble for the Saudi Arabian market. Transemble is an enterprise integration product, which can be used for integrating applications. Transemble integrates hospitals with different payers, clearinghouses and administrators, enabling them to submit claims efficiently. Transemble's design brings together disparate systems with a click of a button. The product's flexible architecture and core integration engine is capable of managing various message formats like X12, HL7, and proprietary formats.
To know more about Transemble, click here.
ObjectOrb releases beta version of IndiaVima, the health insurance portal.
BANGALORE, 16 Nov 2005 - ObjectOrb today announced the release of the beta version of IndiaVima, the health insurance portal for India. The portal currently addresses the challenges related to enrolment, and has many innovative features and benefits to be unveiled as part of the product road map. The portal brings together employers, insurance companies and TPAs on an single platform, making available updated information pertaining to member enrolment at the click of a button.
To participate in the beta program, email us at sales@objectorb.com. To know more about IndiaVima, click here.
ObjectOrb showcases eprovion-contract management solution at 4th Network Optimization Conference in Orlando, FL.
ORLANDO, 24 Oct 2005 - ObjectOrb exhibited its contract management solution, eprovion at the 4th Network Optimization Conference to be held from 25-27 Oct 2005. The event focused on best practices on pricing, billing, and claims administration for health plans and payers.
The event was held at Disney's Contemporary Resort, Walt Disney World ® . Orlando, FL. For more details, visit www.worldrg.com.
To contact eprovion sales team, email to eprovion@objectorb.com, or call US Toll Free: 1-888-257-4878.
ObjectOrb to launch Transemble integration solution in December 2005.
ObjectOrb will launch its unique 'Any database, Any format' integration solution -Transemble in December 2005.
Transemble is designed to bring together disparate systems with a click of a button. The product's flexible architecture and core integration engine will be capable of managing various message formats like X12, HL7, and proprietary formats. It can be envisioned as a bridge between providers, payers, TPAs, clearinghouses, and patient-provider portals.
Transemble is currently piloted in two large hospitals in the Middle East. The product allows Hospital Administrator to create claims batch from the Hospital Information System and submit these claims to a web-based clearinghouse. It also enables eligibility and approval transactions from the hospital to the clearinghouse.
The hospitals can now submit claims faster, and check errors if any at the point of submission itself. The product also gives descriptive reports and trends related to claims submission, rejections, success ratio among others.
This has been a significant achievement for the hospital and the clearinghouse to seamlessly integrate with each other.
ObjectOrb launches Consulting Services Group (CSG) to offer trained resources to accelerate project schedules.
BANGALORE, 01 Sep 2005 - ObjectOrb has announced that it will offer consulting services for IT products and services company, equipping them to access trained resources to accelerate project schedules. ObjectOrb has been a well known brand in corporate training, and has conducted training programs for leading IT companies in India and abroad. The company with its new services aspires to add value to its customers by reducing recruitment and training costs significantly.
CSG enjoys a clear differentiation from other competing resource augmentation service providers by having a strong training and stringent recruitment process for its consultants. The consultants will be trained on various technologies, tools, quality practices and industry domains.
For more information about CSG, click here.
ObjectOrb launches eprovion-Contract Management Solution.
Austin, TX 27 June, 2005 - ObjectOrb ( www.objectorb.com ) a leading healthcare IT products company today announced the release and immediate availability of eprovion version 1.0, a complete software system for the management of a payer's contracts with its providers.
Till recently, most payer organizations stored contracts as Word documents with little or no management of contracts. Much time was wasted in wading through contracts to find the right clause, or the right version of a contract, or even locating the details of a negotiation. eprovion significantly simplifies contracting. The product allows payers to store versions of contracts in a central repository, to create and use a library of clauses, to enforce standard contracting language through the use of templates, and to track various details of a negotiation. eprovion generates reminders for contract renewal and for the other tasks involved in contracting. With eprovion organizations can create complex contracts with physicians, hospitals, ancillaries and networks. Large volumes of contracts can be handled through the product's batch contracting facility. Most organizations today use MS-Word to write and store their contracts. eprovion integrates seamlessly with Word making it exceptionally easy for users to migrate to the platform. Because the product is designed to scale from a single-user to the enterprise, it is easy to move from the lower priced single-user configuration to an enterprise configuration.
eprovion enables payers to store rate tables and link them with contracts easing the task of loading a contract into a claims system. The product has a provider cost modeling utility that allows contract managers to project costs based on historical claims data, and use it in contract negotiations.
Features planned in later releases include full-strength claims integration, and more sophisticated mining of contracts.
The product uses web technologies and is portable across a variety of operating systems and databases including the Microsoft and Unix platforms.
ICICI Infotech Partners with ObjectOrb Technologies to Enhance PREMIA Health capabilities in Provider Contracting
Edison, NJ - November 22, 2004 - ICICI Infotech ( www.icici-infotech.com ), a leading provider of information technology products and services, announced today a partnership with ObjectOrb Technologies ( www.objectorb.com ) to enhance its reach and services offerings in the Third Party Administrators (TPA) market. The innovative platform, eprovion from ObjectOrb Technologies provides automation of the provider contracting workflow.
The provider contracting process, which includes the negotiating process between TPAs and Providers, requires constant tracking as agreements change and clauses are added in the contract. Currently, TPAs are faced with the challenge of keeping track of the contract versions and are manually managing the contracting workflow. The relationship with ObjectOrb will allow PREMIA Health customers to automate these processes, eliminating the need for TPAs to keep track of changes and update the system manually.
"PREMIA Health has powerful provider relationship functions. eprovion will enhance PREMIA's capability for automating the provider contracting process, defining multiple tiers of providers and networks and enhance provider cost modeling," said Vivek Sethia, Vice President - Insurance, ICICI Infotech. "The seamless integration with eprovion will enable PREMIA Health users to directly load contracts and fee schedules into the system."
PREMIA Health is an innovative platform for health benefits administration that provides a superior ability for Payors and TPAs for defining new generation plans, contracts and multi-tier provider networks while streamlining core operations in medical, vision and dental plan administration. Administration tasks handled by the browser-based PREMIA Health include member services, claims adjudication, check writing and Brokers management.
"We believe integration with claims systems like PREMIA Health allows us to provide sophisticated cost modeling, and ensure the accurate loading of contracts. This will result in significant cost savings to healthcare organizations, " said Anand V. Hudli, Product Director at ObjectOrb Technologies.
eprovion automates the provider contract lifecycle from the creation of contracting standards using clause libraries and templates, to workflows including review and approval, setting negotiation guidelines and tracking negotiations, and notifications of contractual activity.
ICICI Infotech brings next-generation solutions to the TPA market, which reduces the cost of operations and enhances service levels. The solution platforms, PREMIA and Xroadz, have been helping customers in more than 18 countries to streamline their insurance business.
About ICICI Infotech
ICICI Infotech ( www.icici-infotech.com ) is a leading provider of information technology products and services. It has a comprehensive set of solutions for the insurance, banking and financial services, manufacturing, retail, distribution, contracting sectors,. It is assessed at SEI-CMM Level 5 and is ISO 9001 certified for its Infrastructure Services and its BPO operation.
Building on extensive domain knowledge and continuous investment in leading edge technologies, ICICI Infotech helps corporations transform their businesses through its expertise in enterprise class products, software solutions, security consulting, IT infrastructure and disaster recovery solutions. Promoted by the US$25 billion NYSE-listed ICICI Bank, ICICI Infotech services customers in 30 countries and has presence across 4 continents.