NORCROSS, GA, May 5,2011 – CoreCard Software (www.CoreCard.com) , a leading provider of card management and boutique processing solutions, announces its support for Healthcare card issuers. “Controlling healthcare costs is a recent focal point of conversation and there are many good ideas about what can be done now,” said J. Leland Strange CoreCard CEO. “CoreCard Software is pleased to offer a solution that can help healthcare providers control costs and make it easier for the insured to be reimbursed from their healthcare savings and reimbursement accounts.”
By using CoreISSUE’s plan segments as “purses,” issuers have an easy way to separate and control funds at the plan level for various purposes. One purse may be a Health Savings Account and another may be set up for prescription drugs, while a third may be used as a Flexible Spending Account.
CoreISSUE provides a flexible set of rules that allow issuers to identify both a primary and a secondary purse to which a purchase authorization can match. This allows an incoming authorization that exceeds the available balance on the cardholder’s primary plan to use any available balance in the second plan to post the purchase transaction against. Since CoreISSUE supports an unlimited number of plan segments, issuers have the ultimate in flexible control.
For more information on how CoreCard can save money and make any organization more efficient, visit CoreCard online at http://www.corecard.com/Patient-Finance.html or call 1-770-564-8000.
About CoreCard Software, Inc.
CoreCard Software, a leading provider of card management systems and processing services, offers an array of account management solutions to support the complex requirements of the evolving global financial services industry. The CoreCard® software solutions provide the market’s most feature-rich platform for processing and managing a full range of card products including prepaid/stored-value, fleet, credit, debit, commercial, government, healthcare and private-label cards as well as accounts receivable and loans. Headquartered in Gwinnett Innovation Park in Norcross, GA with additional offices in India and Romania, CoreCard is a subsidiary of CoreCard Corporation (NYSE: CCRD). For more information, call 770-564-8000 or visit www.corecard.com.
Media Contact: Sharon Cuppett