Tallahassee, FL (PRWEB) February 04, 2013
Exchange EDI. LLC, a leading healthcare cash flow management technology company, reported a record breaking 2012 fourth quarter growth rate of 112%.
In a statement released by B. P. Fulmer, Managing Partner of Exchange EDI, he stated, “We are very gratified with the performance of the company during 2012. Fourth quarter performance not only continued a consistent quarter over quarter growth pattern, it established a consistent 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 the expansion of the company’s professional distribution network.
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 continue throughout 2013 and 2014 for Exchange EDI with the planned release of new administrative transaction management tools and platforms that will increase provider efficiency while reducing administrative and payment delivery costs for payers.”
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.