
IPD crosses threshold as the largest provider of business process management solutions for Blues.Bloomfield Hills, Michigan—Oct 1, 2001 IPD, the leading provider of workflow, process automation and content management solutions for the insurance industry, has reached an important milestone with Blue Cross and Blue Shield (BCBS) affiliates. A contract recently with The Regence Group, operating Blue Cross Blue Cross plans in Idaho and Oregon, and Blue Shield plans in Utah and Washington, makes IPD the largest integrator of business process management solutions for BCBS affiliates in the nation. With the addition of the plans administered by The Regence Group, IPD will have been installed in 22 of the 64 BCBS affiliates across the nation, including those operated by Wellpoint and Premera, three of the largest BCBS providers in North America. IPD’s other BCBS clients include Arkansas, Louisiana, New Mexico, North Carolina, Tennessee and Wisconsin. Claims for nearly 30 million BCBS subscribers will be processed using IPD technology. “This achievement furthers IPD’s position as the insurance experts in the field of business process management,” says Steve Racine, president of IPD. “ Our technology enables companies to replace the use of paper to store, retrieve, transfer and process the myriad of information that flows through their organizations with a completely electronic workflow system. By streamlining and automating much of the labor-intensive procedures associated with the insurance industry, companies are able to significantly reduce costs while increasing productivity and improving customer service.” IPD has experienced exceptional growth in the past several years. In addition to their remarkable penetration of the BCBS market, IPD has a sustained growth rate of more than 30%. This growth has earned IPD a position on the Inc. 500 list for fastest growing companies in America for the past three years. About Image Process Design (IPD) Founded in 1991, IPD, Inc. (http://www.ipdsolution.com) is a privately held software development and systems integration company specializing in large-scale workflow, process automation, content management and e-Business solutions for the health and life insurance industries. The company provides packaged and customized software solutions, as well as consulting, training and project management services necessary to consistently achieve successful implementation. IPD’s integrated approach delivers increased productivity, reduced processing cycle time and lower administrative expenses, while dramatically improving service levels. Evolving from its document-centric roots, IPD is pioneering new broad process and knowledge management technologies that enable its clients to use the Internet to create powerful customer interactivity and contextual content delivery. The company serves some of the nation’s largest insurance companies including Humana, Pacific Life, and 22 Blue Cross Blue Shield licensees. |