For Immediate Release

May 4, 2005

Contact: Thom Jason (Globalhealthfinder)
732-422-4110
Russell LaMontagne (CareGain)
212/255-5340

Globalhealthfinder and CareGain Launch Integrated Disease Management Platform

Chicago, IL - May 4, 2005 - Globalhealthfinder, Inc. CareGain, Inc. announced today that CareGain will incorporate Globalhealthfinder's health management services into its DefinedCareŽ platform.

Employees using DefinedCareŽ will have access to the most comprehensive suite of decision support tools as part of their consumer-directed health plan. CareGain's DefinedCare platform supports health savings accounts (HSAs), health reimbursement accounts (HRAs) or flexible spending accounts (FSAs).

Globalhealthfinder's tailored Online Health Management system joins with DefinedCare to create the most comprehensive consumer-directed offering available.

"Consumer-directed health care places greater responsibility on the shoulders of employees," said Globalhealthfinder president and CEO Raj Lakhanpal, MD, FRCS, FACEP. "This responsibility is an opportunity to develop healthy lifestyles, reduce illness-related downtime and lower costs associated with preventable and manageable illnesses. The Integration of Globalhealthfinder's health management system with CareGain's DefinedCare platform maximizes the potential of consumer-directed healthcare."

As a first step, employees complete Globalhealthfinder's online health risk appraisal and receive a detailed explanation of their health risks and concerns. Globalhealthfinder takes this profile and creates a tailored health homepage called the "Health Dashboard." The Health Dashboard tailors health information, condition management, wellness programs and action steps to the employee's specific health risks. A comprehensive personal health record module helps employees coordinate their medical care and keep emergency information available for emergency access around the clock.

"Consumer-directed health care and disease management need to be synonymous," said Amit Gupta, MD, President of CareGain. "Truly effective consumer-directed health care is more complex than offering an HSA. It means offering multiple plan designs that include disease management, cost comparison tools and integration with financial institutions."

CareGain's DefinedCareŽ platform enables health plans to address multiple areas of cost containment through the use of best-of-breed information technologies and applications.

The CareGain DefinedCareŽ platform is the first fully integrated solution to offer HSA, HRA and FSA accounts. The DefinedCare platform is available in both the product install and hosted ASP modules.

About Globalhealthfinder

Globalhealthfinder, a population health management company based in Monmouth Junction, NJ, provides customized web-based solutions and consulting for hospitals and integrated delivery networks, health plans, pharmacy benefit management companies, employer groups and e-pharmacy sites. Founded in 1995, Globalhealthfinder pioneered Internet personalization of health care, online disease and condition management programs and intuitive, interactive e-health tools. Visit www.Globalhealthfinder.com for more information about Globalhealthfinder's Health Portals, personalized programs, health information and interactive tools.

About CareGain

CareGain enables health plans to flexibly, rapidly and cost-effectively create and administer consumer directed health plans, while leveraging their own internal systems and infrastructure. Their platform enables many plan designs through the use of multiple account structures. CareGain, founded in 2001, is a privately held company based in East Windsor, NJ, and is a Solutions Partner of America's Health Insurance Plans (AHIP).

 

 

 

Contact us for more information:
info@Globalhealthfinder.com

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