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Health Net Extends Electronic Billing Relationship with LexisNexis
Automated, paperless solution delivers time and cost savings
SACRAMENTO, CA, January 23, 2006 - LexisNexis Examen Inc., an industry-leading provider of legal spend management solutions, announced today that Health Net, Inc. has elected to extend their use of the LegalPrecision® solution. The use of LegalPrecision, one of the legal spend management products from LexisNexis Examen, allows Health Net to quickly and electronically process their legal invoices from outside counsel.
"The ability to review invoices on line at any time and from any place has helped us to accelerate our invoice processing," said Cory Sotolov, manager of Litigation Administration at Health Net.
This agreement extends Health Net’s use of the LegalPrecision solution for another three years.
"We’re pleased that Health Net has continued their relationship with LexisNexis Examen," said Kipp Johnson, vice president and chief operating officer of LexisNexis Examen. "We believe our e-billing and legal spend management solutions help our customers achieve significant cost savings as well as efficient processing."
In addition to the e-billing application, LexisNexis Examen offers a full legal spend management solution, the LexisNexis® CounselLink™ solution. For more information, visit www.lexisnexis.com/counsellink or call 1-866-239-2636.
About LexisNexis
LexisNexis® (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc [NYSE: ENL; NYSE: RUK] (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis® and Nexis® research services, the company includes some of the world’s most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac.
LexisNexis Examen Inc. is an industry leader in providing innovative, easy-to-use solutions for streamlining business processes between organizations and their outside counsel. Combining in-depth knowledge of the legal industry, state-of-the-art technologies and world class service, LexisNexis Examen offers reliable, affordable web-based legal spend management solutions to a growing list of Fortune 1000 customers. Based in Sacramento, CA, Examen has been providing solutions to insurance claims and corporate legal departments since 1990. After being acquired by LexisNexis in 2005, Examen and the LexisNexis CounselLink application are now part of the LexisNexis productivity tools suite that help in-house counsel excel in their dual role as legal advisor and business manager.
About Health Net, Inc.
Health Net, Inc. is among the nation’s largest publicly traded managed health care companies. Its mission is to help people be healthy, secure and comfortable. The company’s HMO, POS, insured PPO and government contracts subsidiaries provide health benefits to approximately 6.4 million individuals in 27 states and the District of Columbia through group, individual, Medicare, Medicaid and TRICARE programs. Health Net’s behavioral health subsidiary, MHN, provides mental health benefits to approximately 7.3 million individuals in all 50 states. The company’s subsidiaries also offer managed health care products related to prescription drugs, and offer managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs.
For more information on Health Net, Inc., please visit the company’s Web site at www.healthnet.com.
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