HealthAxis Group Acquires eHealthcare Systems

11/15/2013 – Tampa, FL

Combined Companies will Enhance User Experience, Establish New Market Opportunities and Enable New Technology & Services

Healthaxis Group, LLC announced that it has acquired Torrance, California based eHealthCare Systems, Inc. This transaction adds eHealthCare Systems’ proven hosted software solutions to HealthAxis Group’s technology portfolio. The acquired technologies will feature in HealthAxis Group’s Provider, Payer, and Coordinated Care Solutions. Paul Woodcock will retain his current responsibilities with respect to eHealthcare Systems’ customers, products and services. To support the eHealthcare’s aniticipated growth, Healthaxis Group has expanded the company’s California based sales and implementation teams, and has supplemented its development team by adding new software development staff to its software team at Healthaxis Group’s Tampa headquarters. “These investments are a first step towards an ambitious long-term vision for information-driven healthcare,” said Shilen Patel, Chairman of HealthAxis Group.

“eHealthCare Systems’ technology and industry focus created a natural fit for our two companies.”, said Patel. “Together, we are creating superior technology and service platforms for the entire Healthcare ecosystem, closing the gaps among patients, providers, and payers. The portfolio of technology and services at HealthAxis Group positions us to be premier partners for the integrated, data-driven healthcare organizations of the future.”

Paul Woodcock, Founder and President of eHealthCare Systems, said, “This transaction serves the long-term interests of eHealthCare Systems’ users and provides compelling new opportunities for our employees, customers, and partners around the country. We have already shared a productive partnership with HealthAxis Group: formally integrating into the Group was simply the logical next move.”

Mr. Patel continued, “In addition to plans to augment the impressive growth in California, Paul (Woodcock) will collaborate with our teams in Florida and Texas benefiting from the wider base of HealthAxis Group resources in areas such as software development, nationwide sales & marketing, and customer support.”

The acquisition of eHealthcare Systems enables Healthaxis Group to enhance its industry leading benefit platform solutions for insurance payers and adds practice management solutions and Electronic Health Records for providers. HealthAxis Group will also incorporate eHealthcare Systems’ technology into its management and reporting system for IPAs, MSOs, and ACOs.

About HealthAxis Group, LLC

Through its affiliated companies, HealthAxis Group provides outstanding information technology and service solutions that help payers and providers work more efficiently and collaborate to deliver better health with improved efficiency and lower costs. HealthAxis Group helps healthcare organizations address compliance; improve administrative efficiency; lower cost, and improve quality and delivery of care. Payer solutions include benefits administration platforms, web portals, network & application management, consulting, BPO, and transaction services. Provider offerings include practice management solutions, electronic medical records, and technology services that help providers operate more efficiently and effectively.

About eHealthcare Systems, Inc.

eHealthCare Systems, Inc. provides Web-based medical, dental, IPA/Managed care, and health plan management application solutions using a software-as-a-service (SaaS) business model. eHealthCare software products provide robust support for managing IPA managed care organizations, commercial health plans, medical and dental practices, Federally Qualified Health Centers, community clinics and rural health centers. eHealthCare Systems also offers professional IT and consulting services to support its customers’ changing needs.

More information about eHealthcare Systems can be found on the web at: https://www.ehealthcaresystems.net/

Media Contacts (for media and analysts only): Courtney Winstead, HealthAxis Group. courtney.winstead@healthaxis.com