Hooper Holmes (NYSE Amex:HH) today announced the availability of iParamed 2.0, allowing its nationwide network of health professionals to conduct electronic paramedical exams in areas where there is little or no cellular connection.
As demand for electronic exams has skyrocketed, health professionals still have to conduct them at life insurance applicants' homes or offices, often in office buildings or areas without strong wireless signals. To ensure greater use of electronic exams, Hooper Holmes developed its own proprietary software solution with built-in completion technology that enables its health professionals to work offline until exams are complete.
“This gives our local health professionals a distinct advantage," said Dan L. Dodson, Senior Vice President of Life Insurance, “as they can now go virtually anywhere in the country and conduct electronic exams for applicants with complete confidence.” After starting an exam, the applicant’s information is temporarily saved securely on an encrypted drive if no cellular connection is available. Once a connection is available, the health professional automatically transmits the encrypted data securely to Hooper Holmes’ proprietary systems for delivery to the life insurance carrier, erasing all data from the health professional’s netbook.
“The beauty of this technology is that there’s no downtime, no lost productivity on the part of our health professionals,” continued Mr. Dodson. “Plus, it enables our health professionals to provide faster, smoother, more efficient exams for applicants. This also gives life insurance companies the confidence that more of their exams will be completed within a secure environment.”Electronic exams are important to life insurance companies because exam information is available within minutes of completion, and can be imported as data into underwriting systems. Hooper Holmes introduced iParamed e-Exam in the first quarter of 2011, and by September, it was deployed nationwide. Using Hooper Holmes proprietary netbooks, which are wireless-enabled terminals, its health professionals do not have to bring their own laptops and wireless cards with them on exam appointments. Currently, Hooper Holmes has many leading carriers on the iParamed platform with more on the way.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV