NEW YORK, NY -- (Marketwire) -- 09/19/12 -- Telx®, a leading provider of global interconnectivity, cloud enablement services and data center solutions, today announced that FAIR Health, the independent not-for-profit corporation dedicated to bringing transparency to healthcare costs and out-of-network reimbursement, in coordination with FAIR Health's advisory firm, Tech Gardens, an industry leader in IP Communication products and services, has deployed their private managed hosting operation within Telx's NYC2 facility at 111 8th Ave. in New York City. By establishing a presence within Telx's carrier-neutral, network-rich facility, FAIR Health can quickly and cost-effectively receive, validate and organize millions of healthcare claims and distribute data-intensive products on a timely basis to its commercial and research clients.
The FAIR Health database currently includes nearly 15 billion billed claims for medical and dental procedures performed since 2002 by healthcare providers nationwide, representing the most comprehensive healthcare claims database available. Data is submitted by more than 70 private payors participating in the organization's contribution program who collectively insure over 125 million subscribers.
"Placing our database in Telx's connectivity-dense facility enables speedy performance for our organization by creating faster paths to developing products and distributing data to our clients," said Benjamin Casado Garcia, chief technology officer of Fair Health. "Partnering with Telx in the New York City metro area provides us with the tools to efficiently connect with the world's leading healthcare companies at remarkable speeds."
FAIR Health leveraged Telx's 111 8th Avenue facility because of its high-performance connectivity, broad selection of telecommunication carriers, and proximity to FAIR Health's vendors.
"Our goal in working with FAIR Health was to help them identify, evaluate and select a colocation provider with scalability for long-term growth," said James Sanveren, President of Tech Gardens. "After reviewing a number of colocation providers, we ultimately decided that the combination of accessibility and colocation opportunities Telx offered was an important factor in FAIR Health's development and could grow with them as they expand the services they provide to their customers."
"The massive number of healthcare claims that FAIR Health works with on a daily basis requires a solution that helps the company expedite their ability to work with massive amounts of data, improve their speed-to-market, and expand their network's reach. FAIR Health's decision to select Telx's NYC2 facility is a proof point of Telx's ability to deliver operational efficiencies with such a prime and densely connected facility as is 111 8th Ave," said Ron Sterbenz, vice president of marketing for Telx. "We are proud to assist FAIR Health with the organization's noble undertaking to provide greater transparency to healthcare costs, and we look forward to providing our unique services to help them reach their goals."
About FAIR Health
FAIR Health is a national, independent, not-for-profit corporation whose mission is to bring transparency to healthcare costs and health insurance information through comprehensive data products, consumer resources and support of scientific and economic research on medical and dental care. FAIR Health uses its database of billions of billed medical and dental services to power a free website (fairhealthconsumer.org) that enables consumers to estimate and plan their medical and dental expenditures. The website also offers clear, unbiased educational articles and videos about the health insurance reimbursement system. In addition to its consumer offerings, FAIR Health licenses data products to businesses, governmental agencies, healthcare providers and researchers. With its professional staff of experts in healthcare, statistics, technology and communications, FAIR Health strives to offer accurate, consistent and timely information to all stakeholders in the healthcare system.
About Tech Gardens
Tech Gardens (http://www.techgardens.com/) is a New York based systems integrator that designs, delivers and manages next generation data center and cloud solutions. Utilizing the latest technology, Tech Garden delivers secure, highly available and resilient voice and data infrastructures.
Telx is a leading provider of interconnection and data center services in strategic, high-demand North American markets. With 17 premier C3 Cloud Connection Centers, Telx increases speed to market and reduces connectivity costs by providing direct connections to a community of the industry's highest performance networks and access to 1,000+ customers, including leading telecommunications carriers, ISPs, cloud providers, content providers and enterprises. Telx is a privately held company headquartered in New York City with five facilities in the New York Metro area, two facilities in Chicago, two facilities in Dallas, four facilities in California, (Los Angeles, San Francisco, and two in Santa Clara) and facilities in Atlanta, Miami, Phoenix and Charlotte, N.C. For more information about Telx, visit http://www.telx.com. Become a fan of Telx on Facebook at http://www.facebook.com/telxgroup. Interconnection. Data Centers. Community.