Plantation, FL, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Health Revenue Assurance Holdings, Inc. (OTCQB: HRAA), announced today that National American University (NAU) has selected the company to provide ICD-10 courseware for a non-credit program offered by the university. The program includes 300 hours of real-world coding experience and provides students with the knowledge and skills required to transition from the ICD-9 to the ICD-10 medical coding system.
"As we continuously strive to fulfill our mission of training and supplying a high-tech workforce that is integral for healthcare organizations to operate and ultimately provide patient care, HRAA will ensure that medical coders are prepared with both the knowledge and experience to meet these demands come October 2014 by working with NAU and other educational institutions," said Andrea Clark, Founder and Chief Executive Officer of HRAA.
"National American University has a strong history of providing technical and professional educational programs that meet the needs of students and employers. The courseware HRAA has developed will assist the university in meeting industry needs. We look forward to working with HRAA as the medical industry prepares for this major shift," said Dr. Ronald Shape, Chief Executive Officer of National American University.
In addition to this non-credit program, NAU offers many programs in the areas of health sciences. For example, NAU offers a healthcare coding diploma program designed to provide a comprehensive understanding of coding principles and standards for entry level professionals. Students may also choose NAU's Health Information Technology Associate of Applied Science degree program, which prepares students to perform entry level technical and managerial functions in various healthcare settings.
Health Revenue Assurance Holdings (OTCQB: HRAA) interprets data to ensure that healthcare is efficient and effective for everyone by pulling medical data together to create a predictive window to understand cost and revenues looking back and going forward. Founded in 2001 and based out of Plantation, FL, HRAA combines years of industry expertise with best-in-breed technology to create market leading business intelligence products and consulting services to ensure hospitals are reimbursed for every pill they prescribe, every procedure they perform and every test they administer. HRAA both trains and supplies the high tech workforce to hospitals to generate the predictive data used by the whole healthcare system and offers a full suite of solutions needed to keep up with the ever-changing healthcare industry including data analytics software, business intelligence technology, medical coding, auditing, education, revenue cycle consulting, and ICD-10 transition solutions. For more information visit: http://www.hraa.com
National American University is a regionally accredited, proprietary, multi-campus institution of higher learning offering associate, bachelor's, master's, and doctoral degree programs in technical and professional disciplines. Accredited by The Higher Learning Commission and a member of the North Central Association of Colleges and Schools, NAU has been providing technical and professional career education since 1941. NAU opened its first campus in Rapid City, South Dakota, and has since grown to multiple locations throughout the central United States. In 1998, NAU began offering online courses. Today, NAU offers degree programs in traditional, online, and hybrid formats, which provide students increased flexibility to take courses at times and places convenient to their busy lifestyles.
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.
CONTACT: Investor Relations Contacts: Phil Carlson / Alex Woodbury KCSA Strategic Communications 212-896-1233 / 212-896-1267 or Katerina Jones 954.472.2340 Media Contacts: Danielle DeVoren / Taylor McGrann KCSA Strategic Communications 212-896-1272 / 212-896-1253
Source:Health Revenue Assurance Associates, Inc.