FOR IMMEDIATE RELEASE

FOR MORE INFORMATION:

Stuart Spector (410) 832-5190
Innovative Outsourcing, LLC
sspector@iollc.com
 
Claire B. Thayer (503) 226-9850
Managed Care On-Line
Claire@mcol.mcareol.com
 

INNOVATIVE OUTSOURCING, LLC ENTERS INTO DISTRIBUTION AGREEMENT WITH MANAGED CARE ON-LINE™

Agreement Provides Managed Care Professionals Opportunity to Access Managed Care On-Line™ Resource Center and Trial Subscription through Innovative Outsourcing Web Site

Baltimore, MD, April 20, 1998 - Innovative Outsourcing (IO), LLC today announced it has entered into an agreement with Managed Care On-Line™ (MCOL), the healthcare information technology company for managed care professionals, to provide managed care content information for Innovative Outsourcing’s Resource Center on IO’s web site at www.iollc.com. Also under this agreement, IO will distribute under private label, MCOL informational diskettes to prospective industry contacts.

MCOL's Managed Care On-Line™ is a private on-line service offering powerful Windows-based managed care information and communication resources for those professionally interested in managed care. Their on-line service can be accessed through the internet or directly via modem.

"The healthcare industry is undergoing rapid changes, creating greater market demand for current information about the managed care industry," said S. Stuart Spector, chief marketing officer of IO. "Our unique relationship with MCOL will provide a comprehensive resource for many managed care professionals, allowing them fast, accurate, and reliable access to managed care information."

"We are excited about this opportunity and are pleased to sponsor IO’s managed care resource center, where we will provide access to many of our features, including: managed care publications, data reports, health plan information and web site links. We will also provide access to MCOL’s 30 day trial subscription,"commented Claire Bollier Thayer, MCOL Director of Research and Development.

MCOL is a healthcare information technology company specializing in delivering managed care information and applications to professionals involved in managed care via the internet and through software applications. MCOL business lines include: Managed Care On-Line™, an internet-accessible on-line service dedicated to managed care; Managed Care Store, a one-stop shopping place for managed care informational resources; and Software Development and Services. MCOL is based in Modesto, California with additional offices in Oregon and Southern California.

Headquartered in Baltimore, MD, Innovative Outsourcing provides administrative and information services for established and newly formed provider organizations nationwide. Through outsourcing relationships, IO provides turnkey infrastructure by offering scalable services such as, but not limited to: Claims Processing; Network Development; Credentialing; Internet/Intranet; HEDIS reporting, NCQA preparation; Billing; Eligibility; Provider Excess; etc. Additional company information is available on the Internet at http://www.iollc.com.


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