Halifax Health Selects NCO For Revenue Cycle Solutions
HORSHAM, PA, 10/15/2010
- NCO Group, Inc. (NCO), a leading provider of business process outsourcing (BPO) solutions is pleased to announce the successful launch and implementation of coding services on behalf of Halifax Health, based in Daytona Beach, Florida. Halifax Health will utilize NCO's new coding solutions which is part of NCO's integrated Revenue Cycle Management ("RCM") solutions. NCO's comprehensive RCM solutions include the coordination and optimization of all clinical and administrative functions that contribute to the capture, management and collection of net patient revenues.
"Providers like Halifax are looking for solutions that are quick to implement, accurate and improve financial performance," says Jeff McQuillan, Vice President of Health Information Management Solutions and Services at NCO. "We look forward to working with Halifax to enhance their Revenue Cycle and provide the flexibility required to be successful in today's challenging environment."
Within an expanding network of specialized healthcare services, Halifax Health offers a tertiary hospital, community hospital, psychiatric services, a cancer treatment center with four outreach locations, the area's largest hospice, and Florida's largest Emergency Department. Halifax Health also provides the area's only Level II Trauma Center, ComprehensiveStrokeCenter, Neonatal and Pediatric Intensive Care Units, Pediatric Emergency Department, and Child and Adolescent Behavioral Services.
In response to NCO's success, Betty Garard, RHIA, Director HIM, of Halifax Health, said, "We chose NCO based on the company's high standards for coding and the ability to meet our needs at a critical time. Furthermore, the coding procedures that they have put in place for our internal use and the NCO outsourced coders have proven to be extremely beneficial."
NCO Group, Inc. is a leading global provider of business process outsourcing (BPO) services, primarily focused on accounts receivable management and customer relationship management solutions. NCO provides services through over 100 offices throughout North America, Asia, Europe and Australia.
Certain statements in this press release, including, without limitation, statements as to NCO's or management's beliefs, expectations or opinions, and all other statements in this press release, other than historical facts, are forward-looking statements, as such term is defined in the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Forward-looking statements are subject to risks and uncertainties, are subject to change at any time and may be affected by various factors that may cause actual results to differ materially from the expected or planned results. In addition to the factors discussed above, certain other factors, including without limitation, risks related to the economy, the risk that NCO will not be able to implement its business strategy as and when planned, the risk that NCO will not be able to realize operating efficiencies in the integration of its acquisitions, risks related to NCO's significant level of debt, risks of future impairment charges to our goodwill, intangible assets and purchased accounts receivable, risks related to union organizing efforts at the Company's facilities, risks related to past and possible future terrorists attacks, the risk that NCO will not be able to improve margins, risks relating to growth and acquisitions, risks related to fluctuations in quarterly operating results, risks related to the timing of contracts, risks related to international operations and other risks detailed from time to time in NCO's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended December 31, 2009, can cause actual results and developments to be materially different from those expressed or implied by such forward-looking statements. The Company disclaims any intent or obligation to publicly update or revise any forward-looking statements, regardless of whether new information becomes available, future developments occur or otherwise.