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LEARN2 INTRODUCES INTERACTIVE HEALTHCARE HIPAA COMPLIANCE COURSEWARE THIS WEEK AT THE 2ND ANNUAL HIPAA SUMMIT WEST Learn2 partners with healthcare HIPAA compliance experts
McLure-Moynihan, Inc. White Plains, NY, March 15, 2002 - Learn2 Corporation (Nasdaq: LTWC), an open interactive multimedia e-learning provider, today launched its healthcare compliance courseware and announced that it has partnered with McLure-Moynihan Inc, healthcare compliance experts in electronic commerce healthcare standards training. Together, Learn2 and McLure-Moynihan Inc, (MMI) have developed a cutting-edge method of training employees about the regulatory requirements of the Health Insurance Portability and Accountability Act (HIPAA) . Health plans and healthcare providers are required to comply with HIPAA regulations which deal with claims processing, privacy and security under government-mandated deadlines. Learn2's HIPAA Compliance Training Series enables health plans and providers to educate large numbers of busy employees consistently and quickly. Employees are able to access the courseware over the Internet when it is most convenient. Learn2's courseware enables compliance officers to track each employee's progress as well as document when the training has been completed. The course includes an assessment that evaluates the employee's retention of the material. Learn2's HIPAA Compliance Training is fully interactive, contains multimedia effects and runs smoothly on a connection as low as 28.8 kbps. MMI brings 13 years of experience in healthcare electronic commerce to Learn2 and together they are able to deliver best of breed HIPAA compliance training. MMI principals were key participants in the development of the HIPAA mandated standards starting at the first standards development meeting in 1989. MMI is a company committed to providing cost effective methods and the highest quality HIPAA solutions for its customers. MMI's business objectives are to assist the healthcare industry in the automation of standards-based transaction processing and the implementation of HIPAA compliant privacy and security policies and procedures with the overall objective of cutting costs, improving service and making a contribution to the quality of healthcare provided to all Americans. Dr. Marcia L. McLure and Mr. Moynihan co-authored, "EDI: A Guide to Electronic Data Interchange and Electronic Commerce Applications in the Healthcare Industry" and "The Implementation Manual for the Health Care Claim Payment/Advice (835)" which are both available at Amazon.com. Mr. Moynihan is speaking about Case Studies in HIPAA Compliance: "Critical Factors in Success or Failure" at the HIPAA Summit West II this week in San Francisco, California. "Educating employees about HIPAA compliance online is the way to go. Compliance officers face challenges in training their employees such as inaccurate or inconsistent delivery of information, keeping track of attendance and instructor attrition. The online courseware provides an accurate, easy to use medium that is available 24 hours a day 7 days a week. E-Learning is ideal for HIPAA compliance training because of tracking and administration capabilities and post assessments," said Jim Moynihan, Principal and Senior Consultant for MMI. "Overall administering HIPAA training online will reduce the cost of training and implementing the new processes and procedures required for HIPAA compliance. People have busy schedules and being able to administer consistent training to large numbers of staff on their own time frame is a crucial advantage. HIPAA requires ongoing training for new and existing employees and given the turnover organizations face online training is the obvious solution for timely and consistent training. " "We're pleased to have partnered with Learn2. This online course will enable MMI to present our instructor led training beyond what is possible for us to do in person," said Dr. Marcia L. McLure, Principal and Senior Consultant for MMI. "It has the additional advantage of being interactive with the ability to track users who have or have not completed training. Our experience in consulting and advising payers and providers over the years has been used in writing and compiling this online course and is truly a foundation providing the information organizations need to know to become HIPAA compliant." "Learn2 is committed to providing accurate industry specific courseware," said Robert "Bo" Ewald, Executive Chairman of the Board of Directors of Learn2. "Health plans and providers face significant challenges in the education of their work forces. The fundamental advantage of learning online is the ability to deliver quality content whenever the student can take the course. Our partnership with MMI demonstrates our commitment to deliver our customers the most accurate, up-to-date and relevant HIPAA training to health plans and providers. The experience and knowledge that MMI offers has enabled us to deliver the best course possible and will benefit the customers of both companies." The partnership between MMI and Learn2 combines HIPAA expertise and credentials with cutting edge technology to deliver the knowledge needed by health plans and providers for HIPAA education and compliance. About Learn2 Learn2 Corporation is driven to be business and governments' preferred partner offering interactive multimedia e-learning solutions for their employees and customers. Learn2 provides effective online and CD-ROM training in: end-user desktop applications, professional Information Technology (IT) software and business skills. Learn2 also partners with clients to design customized proprietary or industry specific content. Learn2's engaging courseware features content from leading subject matter experts, sound instructional design, low bandwidth capability due to our patented delivery platform, StreamMakerâ, and support of industry standards. Learn2 is a complete interactive learning solution provider and our learning programs including tracking, administration and support services. For more information please call 1-888-339-8898 or visit www.learn2.com. About McLure-Moynihan, Inc. MMI has been focused on Healthcare Electronic Commerce and Electronic Data Interchange since it's founding in 1991. MMI principals were key participants in the development of the HIPAA mandated standards starting at the first standards development meeting in 1989. MMI principals chaired several of the key committees that developed the standards now mandated under HIPAA. MMI is a company committed to providing cost effective methods and the highest quality HIPAA solutions for its customers. MMI is unique in having worked for years in the design and assessment of healthcare electronic commerce and EDI strategies. They have provided advice and implementation assistance for health plans, providers, employers, banks and healthcare clearinghouses. MMI clients have implemented HIPAA mandated standards including enrollment, premium and claims payments, claims receipt, eligibility inquiries and responses. MMI has provided education, strategic consulting and hands-on implementation products and services to its customers based upon their needs. Forward-Looking Statements This news release contains forward-looking statements, which involve risks and uncertainties. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company. These factors include the Company's success in its business and operations; the activities of new or existing competitors, the ability to attract and retain employees and strategic partners, the ability to leverage intangible assets, the ability to complete new projects at planned costs and on planned schedules and adoption of the Internet as a medium of commerce, communications and learning. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. 1. The Health Insurance Portability and Accountability Act (HIPAA) was passed by Congress and signed into law in 1996. The HIPAA regulations were developed to improve the efficiency and effectiveness of the nation's healthcare system by: guaranteeing health insurance coverage, reducing fraud and abuse, simplifying administration and protecting patient information. |