Archive for the 'Press Releases' Category

Formula launches Encounter Reconciliation System for Diversified Data Design Corp. – part 2

Thursday, October 8th, 2009

Formula developed Diversified Data Design’s Encounter Reconciliation System (ERS) which warehouses their principal clearing-house data information: medical patient encounters. Formula developed a secure internet solution that allows DDD’s business partners’ (medical organizations, insurance plans, etc.) to track and verify encounter information exchanged with DDD.

When Formula launched ERS for DDD, the ERS database had 16 million total encounter records and 33 million total procedure records. They were processing 140,000 encounters and 200,000 procedures a day.

Just eight months ago, the ERS database contained 60 million encounter records and 120 million procedure records. They were processing 500,000 encounters and 630,000 procedures each day. ERS is currently supporting over 100,000,000 encounters, far exceeding the initial goal! Diversified Data Design has over 300 medical groups accessing the system.

CUSTOMER TESTIMONIAL:
“Formula spent the time to understand DDD’s unique business requirements and so was able to propose innovative internet solutions to best serve the end user. Their team worked closely with DDD, committed that the ERS system functioned as intended and met all quality standards. Formula’s consummate support during development, and after rollout to production, ensured the success of the project. Their team was always willing to put in extra hours in order to meet a specific milestone, address an issue, or rework a solution.”

- Janice Jones, Diversified Data Design, an AGData Company

5 O’clock Shakedown – Rocks the Roxy

Tuesday, May 5th, 2009

De Eldridge, a Formula partner, offered up her band “5 O’clock Shakedown” for the Pretty In Punk Showcase – A Tribute to The Runaways & 5th Annual Charity Event held on Friday, March 13, 2009 at The Roxy in Los Angeles, California, with 100% of the proceeds benefiting the Tianna Teegarden Memorial Fund through The Children’s Hospital of Los Angeles and Make A Wish Foundation. The show was a huge success selling over 600 tickets!

Formula to Sponsor Daisy Rock’s: Pretty In Punk – A Tribute to The Runaways & 5th Annual Charity Event

Saturday, February 7th, 2009

LOS ANGELES, CA – February 4, 2009
Daisy Rock is excited to announce Pretty In Punk – A Tribute to The Runaways & 5th Annual Charity Event on Friday, March 13, 2009 at The Roxy in Los Angeles, California, with 100% of the proceeds benefitting the Tianna Teegarden Memorial Fund through The Children’s Hospital of Los Angeles and Make A Wish Foundation.

The Golden Closet Auction of Soprano’s Gandolfini wardrobe was a huge success – proceeds benefit The Wounded Warrior Project

Friday, June 27th, 2008

Formula customer, The Golden Closet, held a very successful auction at Christies New York.

The Christies Pop Culture Auction on June 25th, 2008 was a resounding success. The Golden Closet was proud to have worked with Mr. James Gandolfini to help benefit The Wounded Warrior Project, a worthwhile charity devoted to providing assistance to disabled American military veterans and their families.

Film Oasis Returns to Formula for Halo 3

Friday, November 16th, 2007

Legendary Edition Marks Return engagement for Formula

November 16, 2007 (North Hollywood, CA) The September 25th release of Halo 3 marks one of the most significant game openings in history. Fueled by huge consumer interest and high profile media attention, opening day sales of the game pushed $170 million. While the game broke all records, the original content packed Legendary Edition broke out of the box by adding an incredible DVD to the outrageously successful game. The Legendary Edition was created and produced by FilmOasis.

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Formula Keeps Daisyrock.com Rockin’

Wednesday, March 28th, 2007

Hot Design-Web Development Firm Enables Guitar Maker’s Global Launch and Innovative Online Shopping Solution

March 28, 2007 (North Hollywood, CA) For over seven years, Formula, the North Hollywood design – interactive development firm, has been an integral part of the successful online strategy for Daisy Rock – The Girl Guitar company. Since the inception of Daisy Rock in 2000, Formula has designed, maintained and provided hosting services for daisyrock.com, the primary destination for the online guitar maker-seller. Over the past seven years, Daisy Rock has grown at an astonishing rate, with 2006 sales surpassing $2.4 million. Formula has been a collaborative contributor since the first step of the Daisy Rock journey.

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Formula launches Encounter Reconciliation System for Diversified Data Design Corp.

Wednesday, July 19th, 2006

North Hollywood design and development firm collaborates to revolutionize functionality of website

August 1, 2006 (North Hollywood, CA) Formula, a full service design and development firm, has completed the first and second stages of a long-term, multi-phase design and programming project with Diversified Data Design Corp (DDD). DDD is a leading provider of data management services to the insurance industry. DDD currently captures encounter data from more than 2,700 medical groups, hospitals, IPA and other provider organizations. Their health plan participants include every major insurer including Blue Shield of California, Aetna, Health Net, WellPoint Health Networks and PacifiCare, to name but a few.

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