Founded: Established in 2000

Ownership: Stock Company-Privately Held

Current Network: Over 350,000 Physicians, 3,000 Hospitals and 35,000 Ancillary Care Providers nationwide

Clients/Payors: Insurance Companies, Third Party Administrators (TPAs) and Self Administered Employer Groups

Client Payor Utilization: FedMed processes more than $2.5 billion in annual medical claims through the network and makes over $600,000 in annual interest payments to participating providers.

Covered Lives: Approximately 12 million lives have access to FedMed's National Provider Network.

Corporate Headquarters: Rockville, Maryland

Company Goal: FedMed's objective is to provide significant measurable benefits to providers not available from other provider networks and managed care programs. These include the Accelerated Payment Program, the Interest Payment Program and the Bed Day Program.

Strategy

To continue delivering value to the healthcare provider community through innovative financial programs and services. FedMed expects to maintain rapid provider network growth through unique and tangible benefit offerings that expedite the payment process, enhance cash flow and improve working capital. By marketing selectively to healthcare payors and administrators that meet our payment criteria, FedMed will continue expanding patient network access.