Tallahassee, FL (PRWEB) August 07, 2013
Exchange EDI, LLC, a leading healthcare cash flow management technology company, reported a record breaking 2013 second quarter growth rate of 190%.
In a statement released by B. P. Fulmer, Managing Partner of Exchange EDI, he stated, “We are very pleased with the performance of the company during 2013. Second quarter performance not only continued a consistent quarter over quarter growth pattern, it established an accelerating growth rate.” He commented the accelerated growth rate was due to the introduction of “Direct Payer Audit,” a payer underpayment monitoring and recovery service released in third quarter 2012 and sales growth of the company’s patient cash flow management tools.
Exchange EDI has defined a strategic market niche by developing techniques and operating platforms emphasizing the importance of accelerating and controlling cash flow in healthcare practices – starting at the point-of-care. The objective is to truncate the traditional revenue cycle management process as much as possible.
Daryle Johnson, Executive Vice President of Business Development and Marketing commented, “We expect to see this growth pattern continuing through 2013 and 2014. With the release of Automated Patient Settlement (“APS”) this fall, we expect continued record breaking growth in our service and product lines. Also, expect to see the announcement of another “ground-breaking” patient cash flow management service.”
About Exchange EDI, LLC:
Founded in 2009, Exchange EDI is focused on developing intelligent technology solutions that integrate health and financial transactions into a single process, delivering information at the point-of-care to accelerate the cash flow management process while reducing administrative costs for providers and securing accurate payment from payers.