DCM Dicom Group

Kofax (LSE:DCM), a global leader of Intelligent Capture & Exchange solutions, today announced that it will provide Children's Hospital of Orange County (CHOC), one of the nation's top children's hospitals, with a solution based on Kofax Intelligent Capture & Exchange, the centerpiece of Kofax�s strategy to help organizations streamline business processes. The value of the contract to Kofax is more than $200,000. The solution is based on Kofax Ascent� Capture, the world's leading automated information capture platform. It will reduce the time and improve the accuracy of data that is collected and extracted from Explanation of Benefits (EOB) insurance forms that are entered into the CHOC Patient Financial System. Processing EOBs is a particularly challenging application due to the presence of large amounts of highly variable data and individual patient payment detail items within each form. With typical EOB forms reaching up to hundreds of pages in length, it is critical to implement a solution that ensures data accuracy, addresses security concerns and is versatile enough to handle a wide array of detailed, multi-page forms. The Kofax Ascent platform enables EOB forms to be processed more efficiently, accurately and cost-effectively, resulting in improved internal payment cycles within large healthcare environments. �It�s vital for hospitals to maintain the accuracy of patient data and to have a system in place that can handle the often complex and ever-changing structure of EOB forms,� said Michael Giove, senior vice president of global technology & software and solutions sales - Americas. �Our solution provides hospitals with a flexible, easy-to-use system that can manage and process such complex, challenging documents. Processing EOBs is a large market opportunity within both the healthcare and medical insurance vertical markets and Kofax is well positioned to meet these needs.� For more information about Kofax Intelligent Capture & Exchange, please visit http://www.kofax.com. About Kofax Kofax (LSE:DCM) is a leading provider of Intelligent Capture & Exchange solutions. For more than 20 years, Kofax has provided award-winning solutions that automate document-driven business processes by managing the transformation and exchange of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-effective manner. These solutions provide a verifiable return on investment to thousands of customers in financial services, manufacturing, retail, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions through a global network of more than 1,200 authorized partners, and its own sales and service organizations in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com. Kofax and Kofax Ascent are trademarks or registered trademarks of Kofax Image Products, Inc. All other trademarks and registered trademarks belong to their respective owners.