CodeSmart™ Group Partners with Jasper Group Holdings for Outplacement Services for CODESMART™ UNIVERSITY Graduates Through The Job Channel Network and CandidateXchange
CodeSmart™ Acquires Ten-Percent Stake in Jasper Group Holdings, which will bring an Additional Revenue Stream
NEW YORK, Nov. 7, 2013 /PRNewswire/ -- CodeSmart Holdings, Inc. (OTCQB: ITEN), with its subsidiary, The CODESMART™ Group, Inc. (collectively, "CODESMART"), a premier ICD-10 education and solutions group that offers CODESMART™ UNIVERSITY, its on-line education solution and customizable training solutions, announces today that it has partnered with Jasper Group Holdings, Inc., owner of the JobChannelNetwork.com, CandidateXchange.com and NameYourFee.com to offer outplacement services through its vast recruiter network for ICD-10-certified coders graduating from CODESMART™ UNIVERSITY.
In addition to the partnership between the two companies, CodeSmart™ Group has acquired a ten percent stake in Jasper Group Holdings, Inc.
"This partnership will help CodeSmart™ create a world-class talent network for the healthcare industry where hospitals, physician practices and other healthcare facilities will turn to CodeSmart™ as a primary resource for outsource coding, ICD-10 coders, permanent hires, and health IT personnel," said Ira Shapiro, Chairman and CEO of CODESMART™. "Conversely, this partnership represents our efforts to ensure that our newly-minted ICD-10 coders have the opportunity to capitalize on these jobs by utilizing Jasper Group's extensive network of recruiters and other job placement resources, including a dedicated CODESMART™ UNIVERSITY internet television station for ICD-10 and the revenue cycle on the Job Channel Network. The opportunities for our graduates are plentiful and this partnership not only rounds out our job placement services and helps maximize our student placement graduation ratio, but also shows our focus on the student lifecycle and ensures our students have a return on their educational investment. The value of this aspect of our business is also reflected in the investment we have made into that company. This, of course, will also create another long term scalable revenue stream for CodeSmart™ regarding the placement of candidates into jobs."
"We welcome the opportunity to partner with CodeSmart™, as they will be producing thousands of highly-qualified ICD-10 coders that have come through their certification program, as well as being a valued investor," said Michael Woloshin, CEO of Jasper Group Holdings. "Our platforms reach thousands of recruiters and direct-hire resources many of whom specialize in healthcare from hospitals to physicians' group practices to help place these applicants."
JobChannelNetwork is an industry-first concept where job placement and employee branding combine with top-rate video and audio content. The company provides essential news and educational content through an engaging video platform. JobChannelNetwork gives employers the ability to communicate to highly qualified job candidates in a way that showcases their corporate culture.
CandidateXchange plans to be the largest recruiter commission split network in the world. With a nationwide network of recruiters in all industries and skill categories, CandidateXchange provides employers advances screening and placement services for both full-time and temporary positions. The company's recruiters address job specifications, compensation and assist with scheduling interviews.
About Jasper Group Holdings, Inc.
Jasper Group Holdings, Inc. (the "Company") has developed several state-of-the-art transactional platforms for job placement, which allow employers, recruiters and applicants to optimally transact the entire job hiring process in real time. Employers and recruiters can interview, communicate, and/or reject applicants, book interviews and communicate with the touch of a button right from the resume platform all while utilizing industry best practices. Job seekers can see all activity as it relates to their resume, including job offers, resume submittals to companies, and more in real time. Recruiters can transact and interact with other recruiters all over the world to fill their own unfilled jobs as well as to screen more applicants for fee-based jobs. Dozens of additional features are on all sites designed to create an environment optimizing the hiring process.
In addition, for the companies that cannot afford full-service recruiters, it has created NameYourFee.com – where companies can name their own fee to get the job filled. The system will then send out the job to those recruiters that match. Its goal is to revolutionize the industry by finally taking recruiting into the future with state of the art technology.
About CodeSmart™
CodeSmart Holdings, Inc. (OTCQB: ITEN) with its subsidiary, The CODESMART™ Group, Inc., is a premier national subject matter expert for ICD-10 education and compliance in the United States. Its product, CODESMART™ UNIVERSITY, is an on-line program of study for existing coders, new coders, clinicians, and healthcare roles of all types. Created by a combination of a leading panel of ICD-10 subject matter experts and a major four-year accredited university, which contributed the nation's top course designers and a platform that already provides interactive education to more than 60,000 students per year in degree programs. The ICD-10 training also includes live professors who work with and guide students through the programs of study in ICD-10. CODESMART™ UNIVERSITY is endorsed by over 60 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.
To learn more about CODESMART™ UNIVERSITY's proprietary programs, visit www.codesmartgroup.com or www.codesmartuniversity.org.
SOURCE CodeSmart Group
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