New Products Help Healthcare Providers get Paid Faster, With Less Effort; Increase Patient Understanding and Satisfaction

Intuit Inc. (Nasdaq: INTU) is helping healthcare providers get paid by their patients an average of 18 days faster with its introduction of Quicken HealthSM Bill Pay.

A breakthrough in medical billing, this new online service helps patients – regardless of insurance carrier or coverage – view their medical bill in easy-to-understand language that explains services performed. It also shows how the amount due is calculated after insurance payments are posted, and enables fast, convenient electronic payment directly from the product.

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When patients have the knowledge and confidence that a bill is correct, payments are made faster. This reduces the time, money, and effort billing managers spend repeatedly sending statements and calling patients about payments due.
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One Hundred Linked to International Computer Hacking Ring Charged by United States and Egypt in Operation Phish Phry

LOS ANGELES—The largest number of defendants ever charged in a cyber crime case have been indicted in a multinational investigation conducted in the United States and Egypt that uncovered a sophisticated “phishing” operation that fraudulently collected personal information from thousands of victims that was used to defraud American banks.

This morning, authorities in several United States cities arrested 33 of 53 defendants named in an indictment returned last week by a federal grand jury in Los Angeles. Several defendants charged in the indictment are being sought this morning by law enforcement. Additionally, authorities in Egypt have charged 47 defendants linked to the phishing scheme. The United States government is extremely grateful for the extraordinary assistance provided by the Egyptian government in this matter.
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FTC Publishes Final Guides Governing Endorsements, Testimonials
Changes Affect Testimonial Advertisements, Bloggers, Celebrity Endorsements

The Federal Trade Commission today announced that it has approved final revisions to the guidance it gives to advertisers on how to keep their endorsement and testimonial ads in line with the FTC Act.

The notice incorporates several changes to the FTC’s Guides Concerning the Use of Endorsements and Testimonials in Advertising, which address endorsements by consumers, experts, organizations, and celebrities, as well as the disclosure of important connections between advertisers and endorsers. The Guides were last updated in 1980.

Under the revised Guides, advertisements that feature a consumer and convey his or her experience with a product or service as typical when that is not the case will be required to clearly disclose the results that consumers can generally expect. In contrast to the 1980 version of the Guides – which allowed advertisers to describe unusual results in a testimonial as long as they included a disclaimer such as “results not typical” – the revised Guides no longer contain this safe harbor.
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