Avisena Announces Major Increases in Revenue for First Quarter 2009 | Avisena
Revenue cycle management specialists Avisena have announced a more than 36 percent increase in client revenue for the first quarter of 2009 compared with the same period in 2008.
MIAMI, FL (PRWEB) June 5, 2009 - Avisena, a revenue cycle management (RCM) company servicing the health care industry, announced improvements in virtually all of the company's key performance metrics for the first quarter of 2009. Avisena cites consistent sales productivity, technology enhancements as well as operational improvements as the reason for the companies continued financial success. A complete list of their medical practice management solutions is available at www.avisena.com.
"As most industries suffer through the current economic downturn, Avisena is creating jobs, increasing shareholder value, and projecting a continued increase in client revenue and billing with our medical billing software," said Mike Maseda, Avisena President and CEO. “Avisena has also experienced a 24 percent growth in client billing from Q1 ‘08 to Q1 ‘09. These metrics can be attributed to our continued innovation, relentless focus on client service, and superior client collection results” explained Maseda.
Another contributor to the company’s success is the much needed spotlight the current administration has put on the Healthcare IT industry in general. One of the company’s missions is to help decrease administrative waste in the healthcare industry. By helping physicians streamline the payer reimbursement process, Avisena is hoping to revolutionize the healthcare industry.
“Although current funding is being offered to electronic medical records (EMR/EHR) solutions, we feel the root of the problem is much deeper. Healthcare issues will not be solved until all aspects of administrative wastes are addressed,” said Maseda. “Software Enabled Services such as Avisena’s can help streamline the industry both on the physician and payer side by offering advanced technologies such as electronic insurance verification, a comprehensive rules engine, business intelligence tools for improved data mining, and constant payer monitoring. Avisena clients usually experience over 10 percent revenue growth, while simultaneously reducing their expenses over 10 percent. ”
About Avisena:
Avisena is a revenue cycle management company that helps medical practices improve collections through the use of its Internet-based medical billing software technology and practice management expertise. By streamlining front and back office processes, Avisena helps medical practices Collect More, Spend Less and Live Better. Visit Avisena online at www.avisena.com.
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