The SSI Group Announces Creation of New Collection Services Corporation - MedCore, Inc.

Oct 21, 2003, 01:00 ET from The SSI Group, Inc.

    MOBILE, Ala., Oct. 21 /PRNewswire/ -- The SSI Group, Inc. (SSI) has
 announced the establishment of a wholly owned subsidiary, MedCore, Inc., to
 provide bad debt recovery services for healthcare providers nationwide.
     "SSI has always had bad debt recovery services, and MedCore will enable us
 to focus on these services solely," said MedCore Vice President Mike Ruggles.
 "All third party collections activities must fall under the Fair Debt
 Collection Practices Act and this act encompass all collection activities
 within a company. Since SSI has other products such as extended business and
 insurance recovery products to offer and, in order to avoid any potential
 conflict with a collection debtor, it was determined SSI could best protect
 itself and its collections customers by establishing this new entity."
     MedCore's recovery services center around a quick and aggressive
 collection attempt. Utilizing highly automated collection systems and
 predictive dialing technologies, MedCore's recovery specialists will deliver
 highly effective and courteous recovery services. Acting as a third party with
 strict conformity to federal and state regulations, MedCore aggressively
 pursues each account in a courteous and professional manner to keep patient
 complaints to a minimum.
     "For SSI's existing customers there will be no operational change
 regarding the processing of accounts," Ruggles said. "We believe this new
 company will allow SSI to continue its pattern of successful growth by further
 protecting its customers, while improving bad debt recovery services for
 existing clients."
     About MedCore, Inc.
     MedCore, Inc. is a member of The SSI Group, Inc. family of companies,
 providing bad debt recovery services for healthcare providers only. The SSI
 Group, Inc. is a national, diversified Information Technology company
 established in 1988. The company maintains corporate headquarters in Mobile,
 Ala., and branch facilities in Clearwater, Fla.; Denver, Co.; and Chesapeake,
 Va. The company has more than 335 employees and more than 1,300 clients
 nationwide. SSI leads the healthcare field in claims management technology,
 EDI platforms and networking. The company offers a wide range of services and
 technologies for both payers and providers in EDI claims processing, document
 management and business office outsourcing. The company also offers
 eligibility and Medicare compliance verification and optical storage as a
 central archive. For more information, visit the SSI Web site at

SOURCE The SSI Group, Inc.