Ametros Financial, Providio MediSolutions and Integrated Financial Settlements Announce Joint Partnership

BURLINGTON, Mass., April 12, 2012 /PRNewswire-iReach/ -- Ametros Financial Corporation, Providio MediSolutions [Providio] and Integrated Financial Settlements [IFS] announced today that they have entered into a joint marketing partnership to offer Professional Administration services to the workers compensation and liability insurance industries.

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All parties involved in workers compensation and liability settlements today are confronted with a number of requirements when taking Medicare's interests into consideration. Through this partnership, Ametros Financial, Providio and IFS aim to provide the industry with a complete and affordable solution to settlements through the use of the Providio MSA CareGuard card.

"By animating the settlement within the patent pending MSA CareGuard, Ametros Financial automates the processes that produce a significantly lower cost and higher quality solution than the more traditional forms of custodial administration currently available in the marketplace,"  said Thomas Ash, chief executive officer of Ametros Financial. "Providio brought the concept of adapting the MSA on the front end to facilitate the Ametros process thus creating an even better settlement delivery product, the Providio MSA CareGuard."

"Providio consistently focuses on delivering 'best in class' solutions to the workers' compensation and liability settlement industry." said Ginger Susman, president of Providio MediSolutions LLC.  "By adding 'Providio MSA CareGuard' to our suite of services we are expanding our value to clients, arming them with the 'first in class' electronic settlement card powered by Ametros.  In the hands of the claimant, the 'Providio MSA CareGuard Card' is the tool that transforms them into a 'member' of a superior medical delivery system."

About Ametros Financial 

Founded in 2010, Ametros Financial provides the only automated professional administration product for Medicare Set Aside (MSA) accounts in the industry.  Funded by Clarion Capital, a New York based private equity team, Ametros Financial's founders integrated best of breed solutions across a host of functions to build a comprehensive product that anticipated the unique needs of all the key players including CMS, insurers, employers, attorneys and the claimants themselves.  For more information, please visit www.ametrosfinancial.com or call (877) 905-7322.

About Providio

Providio MediSolutions provides a broad spectrum of Medicare Secondary Payer Act (MSP) compliance solutions for law firms, defendant insurers, third party administrators, self-insureds and Medicare beneficiaries. Providio is uniquely positioned to provide value to clients by offering a variety of tools to help navigate the uncertain waters of MSP compliance.  Providio is a joint venture among Medicare Allocations, Inc. ("MAI"), Integrated Financial Settlements ("IFS") and Monarch Wealth Management ("Monarch"). For more information, please visit www.providiomedisolutions.com  or call (877) 253-3120.

About Integrated Financial Settlements

Integrated Financial Settlements, Inc. is a financial services holding company owning a number of entities including premier structured settlement organizations EPS Settlements Group, Structured Financial Associates and Millennium Settlements, Inc.  Combined, the IFS organizations placed approximately $2 billion in annual structured settlement annuities in each of 2009, 2010 and 2011. IFS companies have provided Structured Settlement services to their clients for decades and have unmatched expertise and experience in helping to resolve financial and employment related claims as well as traditional structured settlements for physical injury and Workers' Compensation claims.  For more information, please visit www.structures.com or call (850) 894-4957.

Sarah Gernux, Ametros Financial Corporation, 978-405-2276, [email protected]

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SOURCE Ametros Financial Corporation