Business Services Industry
United Health Group to Launch Transaction-Card System.
Knight Ridder/Tribune Business News, December, 2003
By Jim McCartney, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News
Dec. 3--United Health Group will launch a transaction-card system next year to help streamline all kinds of health care processes, CEO William McGuire said Tuesday.
UnitedHealth will tap MasterCard International's transaction processing system for everything from benefit cards that enable a doctor's office to check co-pays and eligibility, to reimbursement cards that allow members to pay for drugs and services directly out of their medical or flexible spending accounts.
The new approach to transactions is just one example of how the Minnetonka-based health care services company hopes to use technology to improve efficiency and lower the cost of...
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