Hooper Holmes (NYSE MKT:HH) and RSA Medical LLC today announced a new agreement under which Hooper Holmes' Portamedic division will become RSA Medical's exclusive, national provider of paramedical exams outside of RSA Medical's home state of Illinois. As part of the agreement, RSA Medical will become Portamedic’s exclusive provider of paramedical services in Illinois. The agreement will also give Hooper Holmes access outside of Illinois to RSA Medical's nationwide examiner network, MedLink, to augment Hooper Holmes’ own network of local health professionals nationwide.
As part of the agreement, and to support RSA Medical’s exam business in Illinois, Hooper Holmes will provide laboratory testing kits to RSA Medical and will perform billing services to life insurance companies at the request of RSA Medical when it is appropriate. Hooper Holmes will also train and equip RSA Medical’s examiners to use Hooper Holmes' iParamed e-Exam for eligible RSA Medical customers.
RSA Medical and Hooper Holmes are now integrating order processing technology and quality platforms in order to ensure the same seamless experience for customers of both companies. Work has begun to integrate Portamedic's workflow system with RSA Medical's information technology as well as the Hooper Holmes iParamed e-Exam platform for appropriate RSA Medical customers.
"This agreement is a great fit with RSA Medical's life insurance strategy because it allows us to focus on what we do best: growing our industry-leading tele-underwriting, automation and workflow technology, along with our predictive data analytics," said Rocco Salviola, President and Chief Executive Officer of RSA Medical. "And by partnering with Hooper Holmes to provide paramedical exams, testing kits and billing services, we can offer our customers a complete package of quality services when it is appropriate.""Our technology investments and operational transformation are powering new partnerships with industry-leading medical assessment and management companies such as RSA Medical," said Dan Dodson, Hooper Holmes' Senior Vice President for Life Insurance. "RSA Medical has a well-deserved reputation as a leader in tele-underwriting and automation technology and an enviable track record in serving high volume, Internet-based life insurance marketers. We are honored to be chosen as their partner and are committed to providing them and their customers with the highest level of customer service."
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