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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 08, 1994
Page
10
U.S. stocks rose as investors shrugged off rate concerns and shifted to economically sensitive issues. The Dow closed up 13.92 at 3688.42 with volume 259,750,000 on the New York Stock Exchange, while S P 500 at 448.38 and Nasdaq around 706.53.
CompuClaim Services Inc. at 19200 S Johnbury Lane Germantown opens to file medical insurance claims by electronic and paper methods. The firm provides consulting patient billing and insurance submission with faster electronic turnaround and lower rejection rates. Ruth Shott says electronic billing improves cash flow and reduces staff workload. The company ties to Spangler Automated Medical Services, using PHYSOFT software designed for healthcare providers.
SAM’S Club, a Wal Mart division, markets as a business supply warehouse not a consumer club. It promotes one stop sourcing for offices restaurants schools hotels and contractors with seven day access and focus on savings rather than generic warehouse pricing. The ad emphasizes membership card bright building and range of merchandise including not only goods for resale but items like outdoor furniture and vending machines. Linda and Michael are named in a fragmentary testimonial.
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