Implantable Provider Group, Inc.

Description

ATLANTA - (March 15, 2008) - Implantable Provider Group (IPG) announces it will work with Health Net of Oregon to deliver implantable device solutions. Based in Atlanta, IPG works with commercial payors, health care providers and manufacturers to integrate management of high-cost implantable medical devices. Health Net of Oregon provides group, individual and Medicare health plans, including PPO, HMO, POS and traditional indemnity plans, as well as the first Medicare PPO in the Pacific Northwest, to more than 150,000 members in Oregon and Washington. "With the increasing complexity of device related claims, IPG is providing needed industry expertise to assist in gaining visibility and managing the overall process," said Jay Ethridge, chief executive officer for IPG. "As the implantable device market continues to grow the healthcare industry is looking for solutions. IPG is excited to be in a position to deliver meaningful value to the stakeholders, as evidenced by the increasing demand for our services." IPG streamlines the management and delivery of implantable medical devices by working directly with clinical providers and facilities, medical device manufacturers and commercial insurance payors through its Implantable Device Management (IDM) solution. The IDM solution eliminates the complexity and the financial risks associated with the billing and reimbursement processes ensuring that patients maintain access to innovative life-saving and life-enhancing device-intensive medical therapies. Founded in 2004, IPG focuses on large, fast-growth device intensive markets, such as cardiology, neurology and orthopedic implants. About IPG Implantable Provider Group (IPG) works with commercial payors to fully manage all aspects of high-cost implantable medical devices. The company ’s Implantable Device Management solution simplifies the complex procurement, contracting and billing associated with these devices, thereby streamlining the process and normalizing costs for all parties, while also delivering many valuable ancillary capabilities. Implantable Device Management also offers benefits for health care providers and manufacturers. IPG focuses on large, fast-growth device intensive markets, such as cardiology, neurology and orthopedic implants. For more information about IPG, visit www.ipgsurgical.com. About Health Net of Oregon, Incorporated Health Net Health Plan of Oregon, Incorporated employs approximately 300 associates in Oregon. Its main office is located in Tigard, Oregon. Health Net of Oregon provides group, individual and Medicare health plans, including PPO, HMO, POS and traditional indemnity plans, as well as the first Medicare PPO in the Pacific Northwest, to more than 150,000 members in Oregon and Washington. It contracts with more than 22,500 physicians and 135 hospitals, giving its members greater choice and convenient access to care. Health Net of Oregon has one of the region's strongest and most extensive health care networks. The health plan offers alternative care (chiropractic, acupuncture, naturopathic medicine and massage therapy) as a core benefit in group and Individual and Family (IFP) plans.

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