AURORA, Ill., May 26, 2011 /PRNewswire/ -- UMC Healthcare
Collections, L.L.C. - a wholly owned subsidiary of UMC, Inc.
(Pinksheets: UMCN) - formally introduces its Show Me My Discount
electronic payment processing platform to the healthcare
marketplace. The Show Me My Discount payment processing
platform is a secure, web-based, patient-driven, electronic
solution for late stage accounts receivable collections that
provides time sensitive discounts to users. According to
Patrick Gough, the Company's chief
operating officer, "This e-commerce solution was developed to
provide secure, innovative, technology to aid patients in resolving
their outstanding obligations without, what many patients perceive
as, the hassle of human or collector intervention." Gough
further stated, "Patients simply follow the instructions outlined
in the invitation letter that directs them to
www.ShowMeMyDiscount.com, log-in to the website using information
provided to authenticate, and take advantage of time sensitive,
preapproved discounts on their outstanding medical account
balances. It's easy to use and effective."
This platform will be immediately marketed to members of the
medical community and ARM service providers who understand that,
from time to time, patients with no insurance or higher deductibles
and co pays may require extra inducements to prioritize curing
their outstanding medical obligations. Additionally, the Show
Me My Discount electronic processing platform provides healthcare
ARM servicers and professionals - who continually seek innovative
ideas to offer their customers - an effective way of increasing
returns while keeping their client's community image in mind.
About UMC, Inc.
UMC, Inc., through its subsidiaries and affiliates, provides
revenue cycle management solutions to hospitals, physician group
practices, clinics, and other healthcare providers. Its services
include e-commerce software solutions, extended business office,
and traditional collections targeted to the healthcare industry.
For more information, please visit www.umchealthcare.com or
www.ShowMeMyDiscount.com.
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Such forward-looking statements involve known and
unknown risks that may cause UMC, Inc.'s performance to differ
materially. Such risks include, without limitation: changes
in trends in the financial services industry; our ability to
compete successfully with competitors in the market; our ability to
maintain client contracts or to enter into new contracts;
uncertainties related to future incentive payments; and, our
ability to operate successfully in new lines of business.
SOURCE UMC, Inc.
