Care Communications, Inc. Announces 26 Percent Revenue Growth for the First Three Quarters of 2011

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Demand for ICD-10 consulting and coding quality improvement services cited for increase.

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Care Communications, Inc. (CARE) a national health information consulting and staffing firm, announced today that its total revenue increased by 26 percent in the first three quarters of 2011 when compared with the same period in the previous year.

The utilization of Care Communications’ ICD-10 transition services has been growing rapidly. CARE recently launched an ICD-10 Documentation and Revenue Risk Assessment service as well as coder skills assessments, training and education. These services have been embraced by hospitals and physician practices as they prepare for the October 1, 2013 federally mandated ICD-10 implementation deadline.

CARE’s coding quality improvement and education consulting services focus on improving the thoroughness, accuracy and speed of the medical coding operation. Increasing the efficiency and accuracy of medical coding improves the revenue cycle performance and compliance for healthcare facilities.

“The challenges currently facing healthcare providers, including ICD-10 implementation, are significant and can lead to lost revenue if not managed correctly,” said Hal Walsh, senior vice president of Sales and Marketing at Care Communications. “These transitions are beyond what has taken place in the past 35 years of our service to the healthcare industry.”

About Care Communications
Care Communications is a nationally recognized leader in health information and has served the needs of over 1,000 healthcare organizations since 1976. Care Communications offers the industry’s most focused, effective and comprehensive suite of health information consulting, outsourcing and staffing services, including medical coding, ICD-10 CM/PCS transition, compliance, cancer registry, data integrity, interim management, clinical research support and leadership development. Care Communications is the preferred HIM vendor for VHA hospitals and has been an Elite Award winner as one of the “101 Best and Brightest Companies to Work For” in Chicago since 2008.

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