Andrea Clark of HRAA Receives Gold Female Executive of the Year and Bronze Maverick of the Year Awards at the 9th Annual Stevie(r) Awards for Women in Business

Takes Home a Gold for Female Executive of the Year and Bronze for Maverick of the Year


Plantation, FL, Nov. 12, 2012 (GLOBE NEWSWIRE) -- Andrea Clark, Chairman, CEO and Founder of Health Revenue Assurance Holdings, Inc. (OTCBB: HRAA), the leading provider of revenue integrity services for healthcare, has been recognized as a winner for two prestigious Stevie Awards for Women in Business. The awards include Gold for Female Executive of the Year, Business Services and Bronze for Maverick of the Year.

The Stevie Awards were announced during a gala event at the Marriott Marquis in New York City on Friday, November 9.  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 Stevie Awards for Women in Business are the world's top honors for female entrepreneurs, executives, and the organizations they run.  All individuals and organizations worldwide are eligible to submit nominations - public and private, for-profit and non-profit, large and small. The 2012 awards received entries from 17 nations and territories.

Since August 2011, under Ms. Clark's leadership, HRAA has grown at lightning speed, from eight employees to 82 in under just 10 months. The Company has also expanded its products and services. Additionally, Ms. Clark established a Coding Mentorship focused on revenue cycle, as she realized that the healthcare marketplace would soon see a severe deficit in the number of medical coders employed.

"At HRAA, we  believe that the best talent is often homegrown and nurtured, which is why we designed our Coding Mentorship Program to train our employees how to code in a real life environment, enabling them to hone their skills, get credentialed and reach their full potential," said Andrea Clark. "The success of the program is reflected in the trust and loyalty our clients have displayed over the years and we are now working to create more opportunities for job seekers, especially for USA Veterans." 

"Andrea is a true leader with foresight to understand the changing dynamics in the healthcare coding sector," said Robert Rubinowitz, President of HRAA. "With deep experience and a true vision for the HRAA and the industry as a whole, it is no surprise that the Stevie Awards has recognized Andrea for her leadership and success."

"I'm very pleased that we were able to conclude our tenth year of organizing the 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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