NDC Ndchealth Corp

Pathmark Stores Selects NDCHealth for Exclusive Network Transaction Processing Solutions ATLANTA, May 16 /PRNewswire-FirstCall/ -- NDCHealth Corporation (NYSE:NDC), a leading provider of healthcare technology and information solutions, today announced Pathmark Stores, Inc., has selected the NDCHealth Intelligent Network to process electronic pharmacy claims, as well as the company's pharmacy claims editing solution, NDC Pre & Post Editing Services to optimize claim reimbursements and improve workflow efficiencies. Under terms of the contract, NDCHealth will be the exclusive provider of claims processing services and pre- and post-editing services (PPE) to Pathmark stores that have pharmacies, totaling 129 locations in the Northeast region of the United States. "We identified NDCHealth as being able to provide us access to network- based solutions to help improve our effectiveness in processing claims," said Bob Candelora, senior vice president, nonfoods & pharmacy merchandising, Pathmark Stores, Inc. "These services offer an efficient way to achieve optimal reimbursement on each claim, as well as provide market insight that can lead to other profit improvement opportunities." "This agreement exemplifies the continued market growth we're experiencing in our value-adding network solutions," said Walter Hoff, chairman and chief executive officer, NDCHealth. "We look forward to partnering with Pathmark as we work to provide bottom line value to their business operations." NDCHealth's market-leading PPE services perform financial and administrative review on each claim before and after submission to payers, including: - checking for current and appropriate reimbursement pricing - identifying generic drug dispensing opportunity and - validating prescribers and coding compliance About the NDCHealth Intelligent Network The NDCHealth Intelligent Network is one of North America's largest and most reliable electronic healthcare transaction networks. It processes more than 5.0 billion healthcare transactions annually, and more than 45% of all electronic healthcare claims in the United States. About NDCHealth NDCHealth is a leading information solutions company serving all sectors of healthcare. Its network solutions have long been among the nation's leading, automating the exchange of information among pharmacies, payers, hospitals and physicians. Its systems and information management solutions help improve operational efficiencies and business decision making for providers, retail pharmacy and pharmaceutical manufacturers. Headquartered at Atlanta, Ga., NDCHealth provides information vital to the delivery of healthcare every day. For more information, visit http://www.ndchealth.com/ . NDCHealth and NDC are trademarks of NDCHealth Corporation. All other company and product names mentioned may be trademarks of the company. DATASOURCE: NDCHealth Corporation CONTACT: Robin Wrinn, Director, Public & Media Relations of NDCHealth Corporation, +1-404-728-2214, or Web site: http://www.ndchealth.com/

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