Plantation,FL, Nov. 8, 2012 (GLOBE NEWSWIRE) -- November 8, 2012 - Health Revenue Assurance Holdings, Inc. (OTCBB: HRAA),- leading provider of revenue integrity technology and services for healthcare organizations announced today that Summa Health System, one of the largest integrated healthcare delivery systems in Ohio, has selected HRAA to provide ICD-10 Transition Services and compliance consulting to include Technology, Education, Consulting, Coding and Auditing. HRAA will provide these services to Summa Akron City Hospital, Summa Barbertrron Hospital, and Summa Wadsworth-Rittman Hospital. Summa is nationally renowned for excellence in patient care and for exceptional approaches to healthcare delivery through a diverse portfolio of operating entities.
"HRAA is proud to be a partner of choice for Summa Health System. Our business relationship goes back 12 years and just as we successfully transitioned Summa to the Outpatient Perspective Payment System (OPPS), HRAA is committed to Summa's ICD-10 transition success utilizing our expertise, reliability and innovative solutions" said Andrea Clark, CEO of HRAA.
The transition to ICD-10 codes is not just a coding conversion; it is a change that impacts virtually all areas of the revenue cycle. HRAA's unique approach to this business transition is multidimensional, and will provide Summa Health System with a smooth and sustainable transition. HRAA's "turn-key ICD-10 services" will assist Summa Health with all aspects of the transition, with great emphasis on streamlined comprehensive training while maintaining productivity and ensure a smooth revenue stream beyond the ICD-10 implementation date.
HRAA is a leading provider of ICD-10 transition services and has been providing contract coding services, education and auditing services for over a decade to over 900 hospitals and other healthcare entities throughout the United States. HRAA has continued its mission to maintain the leadership position in the industry by providing timely, accurate and meaningful services with technology and information to support the performance of revenue integrity for healthcare organization throughout the country to Summa Health System.
More information about HRAA and ICD-10 Transition services is available online at www.hraa.com or by calling 954-472-2340.
About HRAA
HRAA is a trusted source of critical resources, technology and information that supports the performance of revenue integrity in assuring the existence of healthcare organizations. HRAA's products and services include business intelligence technology solutions, contract coding, billing, coding and compliance audits, education, revenue cycle consulting, physician services and ICD-10 transition services. For more information, visit www.hraa.com or find us on Facebook at www.facebook.com/HRAA and Twitter at www.twitter.com/HRAAInc.
About Summa Health System
Summa Health System is one of the largest integrated healthcare delivery systems in Ohio. Encompassing a network of hospitals, community health centers, a health plan, a physician-hospital organization, a multi-specialty physician organization, research and multiple foundations, Summa is nationally renowned for excellence in patient care and for exceptional approaches to healthcare delivery. Summa's clinical services are consistently recognized by the American Nurses Credentialing Center (Magnet status), U.S. News and World Report, Thomson Reuters and The Leapfrog Group. Summa also is a founding partner of the Austen BioInnovation Institute in Akron. For more information, visit www.summahealth.org or find us on Facebook at www.facebook.com/summahealth and Twitter at www.twitter.com/summahealth.
Caution Regarding Forward Looking Statements
Certain statements in this news release and such conference call are forward-looking, including (without limitation) expectations or guidance respecting customer contract expansion, growing revenues and profits through organic growth and acquisitions, attracting new business that will increase HRAA's revenues, continuing to maintain costs and consummating any transactions. Undue reliance should not be placed on such forward-looking statements because the matters they describe are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond the Company's control. The Company's actual results, performance and trends could differ materially from those indicated or implied by such statements as a result of various factors, including (without limitation) the continued strengthening of HRAA's selling and marketing functions, continued customer satisfaction and contract renewal, new product development, continued availability of capable dedicated personnel, continued cost management, the success and availability of acquisitions, availability of financing and other factors, as well as by factors applicable to most companies such as general economic, competitive and other business and civil conditions. Information regarding certain of those and other risk factors and cautionary statements that could affect future results, performance or trends are discussed in HRAA's most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and other filings made with the Securities and Exchange Commission from time to time. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.
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