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July 19th, 2005
"eDispense(TM)" To Process Worker's Compensation Claims   

SANTA ANA, CA - July 19, 2005 - Dispensing Solutions, Inc. (DSI), The Leader in Repackaged Pharmaceuticals , today announced it has added functionality to its proprietary dispensing technology, "eDispense(TM)" that will perform billing and collections services of Worker's Compensation ("WC") Claims.    

DSI partnered with OccMeds (Sacramento, CA) and under an exclusive services and marketing agreement, DSI will now be able to offer billing and collections services for those medical practices that dispense medications to their worker's compensation patients.  

"This offering, Managed W/C, is natural addition to our current business and is ideal for those practices that currently dispense purchasing medication from one vendor and outsource their billing and collection to another", says Richard Wolpow, Co-founder and COO.     "eDispense now offers our clients, on-line real time, accounting of all submitted, pending and paid claims.    Detailed monthly reconciliation reports are also supplied that supply and itemized accounting of all WC dispensing and claims as well as all other non-WC related dispensing activity."   We found a great partner in OccMeds and see this expanding in other areas.     

"OccMeds is very pleased to partner with DSI to provide a complete turn-key package for physicians who dispense medications to their workers' compensation patients which will improve patient care and streamline the entire dispensing process", say Richard Orchard, President of OccMeds.   "By combining the expertise of OccMeds and DSI,   eDispense(TM) will quickly become the leader and benchmark in the industry."

This new offering, now part of DSI's, DispenseQuick(TM) division, also offers many value added components such as; professional management of your medication dispensing program, no eDispense(TM) subscription fees, free dispensing cabinets and bar-code scanners, on-site support staff and training, cash-flow management services (advances against your outstanding receivables), providing our clients with additional financial management tools, with a proven record of high ratio's of collections against outstanding accounts receivables.

To learn more about this program (TM), please contact your local rep or DSI at 1.714.437.0330 Or visit our web site at www.dispensingsolutionsinc.com or www.dispensequick.com  

About DSI:
Dispensing Solutions, Inc., an FDA/DEA registered drug manufacturer that operates a state-of-the art Pharmaceutical Repackaging Facility.   DSI's over 25 years of experience in creating, producing and deploying point-of-care medication and technological dispensing programs.    DSI currently operates five divisions; Government, DispenseQuick (point-of-care), OneDose (hospital unit-dose outsourcing), Programs (create and deploy custom medication programs), and Contract Packaging (bottles, blisters, pouching, bagging/over-wrap).   DSI maintains one of the most stringent regulatory control programs in the industry.        

About OccMeds
OccMeds Billing Services, Inc. provides pharmaceutical financing, billing and collection services exclusively for the workers' compensation industry.   OccMeds receives data electronically from over 50,000 pharmacies nationwide, finances the dispensed medications and bills more than 2300 carriers for scripts received from injured workers.   OccMeds was founded in 2002 in Roseville, California.

DSI is located at 3000 West Warner Avenue, Santa Ana, CA 92704
Phone: 714.437.0330, fax: 714.437.0336
email info@dis-sol-inc.com

www.dispensingsolutionsinc.com

 

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