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Press Release
January 23, 2008

Optimum Health goes live with ikaEnterprise in remarkable implementation time frames

ikaSystems Corp. today announced that the first phase of ikaEnterprise deployment was completed at Optimum Health Care on January 1, 2008. The implementation of the first phase of the project which included ikaClaims and the member portal (online enrollment) began on November 15, 2007. Optimum Health Care is an HMO in Florida and is contracted as a Coordinated Care Plan (CCP) and a Medicare Advantage Prescription Drug (MA-PD) by the Centers for Medicare and Medicaid.

Optimum Health was in need of an efficient MEDICARE ERP system and it selected ikaSystem’s ikaEnterprise solution. The health plan chose an ASP model where the hardware and software maintenance for the solution is completely handled at ikaSystems' headquarters in Southborough, MA. This enables Optimum employees and users to access the portals and solutions with an Internet connection. Already, the solutions' EDI transactions have streamlined processes and greatly reduced the need for manual data entry. “Our portals will enable Optimum Health Care to save on administrative costs and open the doors to increased membership and revenue and we are looking forward to being an integral part of this growth,” says Ravi Ika, President and CEO of ikaSystems.

Optimum Health wanted to increase the claims adjudication rate and realized that streamlining and automating the claims processes was imperative to achieve this. With ikaClaims, benefit plans and provider contracts are inserted online at a very high level of granularity. This enables the system to auto adjudicate claims in the 95% range. Similarly the Member Portal allows health plan members to perform various functions in a self-service environment including Enrollment, Plan Benefit Information, Claim Status, Disease Management, Provider Search, Order ID Cards, Benefit Limitation Status, Eligibility Verification, Customer Service, Update Personal Information and Pharmacy Changes. Dan Polen, Chief Operating Officer of Optimum Health Plan says “We are excited about the fully automated, paperless process that will significantly reduce the health plan's administrative costs and will allow for fewer errors. We have already grown 200% in one year from 2 to 5 counties and we are confident that the deployment of other ikaEnterprise portals will propel our growth further".

The remaining components of ikaEnterprise yet to be deployed include a series of self-service portals and business and transactional systems including profiling, and HEDIS® reporting, which will implemented in the near future.

About Optimum Health Plan
Optimum health is a Health Maintenance Organization (HMO) in the State of Florida that was awarded its Certificate of Authority by the Florida Office of Insurance Regulation in September 2005. They are contracted as a Coordinated Care Plan (CCP) and a Medicare Advantage Prescription Drug (MA-PD) by the Centers for Medicare and Medicaid (CMS) to enable them to service beneficiaries with a Medicare Advantage Prescription Drug (MA-PD) product line beginning January 1, 2007.

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