Plantation, April 8, 2013 (GLOBE NEWSWIRE) -- Dr. Mike Gallagher, CMO/CMIO of Health Revenue Assurance Holdings Inc. (OTCBB: HRAA), a provider of technology and revenue integrity solutions for healthcare organizations, will present at the Duke Clinical Research Institute's (DCRI) Fourth Annual Informatics Conference taking place on April 10, 2013. The conference will be focused on the current debate surrounding the impact of electronic health record (EHR) implementation on healthcare costs and efficiency, and will address the issue of Return on Investment (ROI) vs. Return on Health (ROH).
Dr. Gallagher will join industry leaders for a panel discussion about deriving benefits from EHR implementation. The panel will address issues of how EHR data is providing valuable new tools for health, the wellness of patients, providers and payors through analytics.
"In order to be able to adapt to the changing healthcare landscape with advancing technological and recording requirements, it is vital that healthcare organizations have the business intelligence tools needed to understand the impacts and returns on their businesses," said Dr. Gallagher. "Using big data to analyze the ROI vs. ROH is an important step for the healthcare industry as a whole and I'm honored to contribute to this discussion."
As CMO/CMIO of HRAA, Dr. Gallagher is responsible for product development and management. He works with HRAA's team of experts to create technology solutions to help healthcare systems maintain revenue integrity via data analytics and business intelligence solutions. With more than 15 years of healthcare informatics experience, Dr. Gallagher has held a key role in producing innovative products to meet the evolving needs of the industry, from EHR implementation to the upcoming ICD-10 transition. He has most recently been instrumental in the development of HRAA's ICDVisualizerTM product, which is now in open enrollment for beta partners to trial.
Prior to joining HRAA, Dr. Gallagher served as the global thought leader for Health Informatics at GE Healthcare, developing solutions for population analytics, information governance and clinical quality.
The DCRI conference takes place at the Hilton Durham Hotel in Durham, NC and is attended by C-suite executives, senior executives, directors, physicians, researchers, professors and other healthcare professionals. DCRI's conferences provide forums where thought leaders from top healthcare organizations meet face-to-face to discuss the most relevant topics of the day facing the health sector.
HRAA (OTCBB: HRAA) is a leading provider of revenue integrity technology and services for healthcare organizations across the US, interpreting data to ensure that healthcare is efficient and effective for everyone. 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 improve the healthcare delivery experience for doctors, nurses and patients. HRAA offers the only full suite of solutions needed to keep up with the ever-changing healthcare industry, which include: data analytics software, business intelligence technology, medical coding, auditing, education, revenue cycle consulting, and ICD-10 transition solutions. For more information please visit: http://www.hraa.com
Caution Regarding Forward Looking
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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