Claimsnet.com Inc., an electronic commerce company, owns, operates, and licenses software products for processing medical insurance claims on the Internet. Its proprietary software enables the communication of data between healthcare payers, and their provider networks and trading partners, including claims clearinghouses, third-party administrators, preferred provider organizations, health maintenance organizations, claim re-pricing organizations, independent physician associations, and managed service organizations for the purpose of conducting administrative transactions required to effect financial reimbursement for healthcare services. The company s software also improves the editing and checking of data accuracy in medical claims without the need for changes to customers IT systems; and provides for secure encryption of claims data transmitted in compliance with the regulations of the United States centers for Medicare and Medicaid services. It serves medical and dental industries. The company was founded in 1996 and is based in Dallas, Texas.