Plantation, FL, Nov. 12, 2012 (GLOBE NEWSWIRE) -- Health Revenue Assurance Holdings, Inc. (OTCBB: HRAA), the leading provider of revenue integrity services for healthcare organizations, was named as a Bronze award winner in the 9th annual Stevie® Awards for Women in Business, in the category of the Fastest Growing Company of the Year, which was announced on November 9, 2012.
The Stevie Awards for Women in Business are the world's top honors for female entrepreneurs, executives, and the organizations they run - worldwide. The Awards have been hailed as the world's premier business awards. This year, more than 1,200 entries were submitted for consideration in more than 90 categories, including Executive of the Year, Entrepreneur of the Year, Women Helping Women, and Communications Campaign of the Year.
The award was received in part because Andrea Clark, HRAA's Chairman, CEO and Founder, possessed a vision for growth in the healthcare marketplace. She realized it would soon experience a serious need for an increase in the number of medical coders employed. Since that time, the company has experienced explosive growth as well as an expansion of the products and services it delivers.
Other factors for HRAA's tremendous growth include new service lines that complement the established services of education, auditing, contract coding and consulting. With an exceptional reputation, HRAA's new services have catapulted the company to become a major player in the healthcare industry and are a fundamental reason HRAA was awarded a Bronze Stevie Award for Fastest Growing Company.
"Being named a Bronze award winner for the prestigious Stevie® Award is a testament to the growth we have been able to achieve over the past year and our forward looking vision for the state of the healthcare marketplace," said Robert Rubinowitz, President of HRAA.
"I'm very pleased that we were able to conclude our tenth year of organizing Stevie Awards programs with a very successful Women in Business event," said Michael Gallagher, president and founder of the Stevie Awards. "This year's Stevie Award-winning women are the most accomplished, impressive group we've ever had. Their stories of success will be an inspiration to women around the globe who dream of starting and growing a business and making a difference in the world."
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.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.
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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