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Phoenix, AZ - November 21, 2011


Eldorado (ELDORADO), a division of MphasiS, a leading provider of health benefit and claims management platforms, won the "Best Demonstration of Value/ROI - Payer" Innovation Award at the 2011 Healthcare IT Summit, one of the most prestigious healthcare forums in the industry.


Eldorado's award was announced November 15th at the Summit. The Innovation Awards are presented annually at the conference to recognize leading IT solutions across 10 categories including best new technology and best demonstration of value. The Innovation Awards are voted on solely by the attending IT decision-makers, who directly influence their companies’ and their peers’ technology buying decisions.


"We simply could not have asked for more valuable recognition of the revenue power of our products. To be selected by the top IT executives as THE company that offers clients the best demonstrated ROI places Eldorado at the top of the industry's healthcare payer solutions," said Tom Castleberry, President of Eldorado. "This is the second consecutive award Eldorado has received at the Healthcare IT Summit, demonstrating that Eldorado is ready for today's business needs and tomorrow's healthcare imperatives."


In 2010, Eldorado’s Javelina™ received the Summit’s “Solution with the Greatest Market Potential” Innovation Award. “The Innovation Awards honor the vendors with the most exceptional solutions to address today’s most pressing IT challenges,” said Robert C. DeMarzo, Sr. Vice President of Strategic Content at UBM Channel. “These dynamic, high quality solutions clearly add value for customers and prospects and we congratulate all the winning companies.”


Eldorado’s two payer platforms, Javelina™, its open source, web-based healthcare payer solution, and HEALTHpac, an affordable and reliable turnkey benefit platform solution serving 100+ diverse administrators nationwide, are both 5010 and ICD-10 compliant ready.


Javelina™ is offered as a bundled solution with 20-plus available modules that incorporate fully integrated technology and functionality to ensure performance-driven operations. Javelina™ maximizes efficiency of enterprise resources and reduces manual processes by incorporating real-time workflow management. Javelina’s application functionality is inspired by the experience of supporting over 75 clients as well as Eldorado’s mission to raise payer expectations regarding operational performance and core system reliability.


Eldorado’s HEALTHpac combines its 30 years of experience and industry knowledge with intellectual power to offer an array of fully integrated modules that provide competitive processing power for the entire scope of benefit administration processes.