Aug 22, 2017, 08:00 ET
WARREN, N.J., Aug. 22, 2017 /PRNewswire/ -- AdvantEdge Healthcare Solutions ("AdvantEdge") today announced successful third party recertification for HIPAA and HITECH privacy and security requirements by 360 Advanced, marking AdvantEdge's fifth consecutive year of complete organizational commitment to meet the rigorous data and security requirements of HIPAA and the HITECH Act.
"This recertification demonstrates that our standards for revenue cycle management services for physician practices, hospitals, ambulatory surgery centers, and behavioral health agencies are "above and beyond" those of most firms in the industry. It has become commonplace to learn almost daily of a release of Protected Health Information (PHI), or providers subjected to ransomware attacks. In light of increased security vulnerabilities, healthcare providers can have a higher degree of confidence in AdvantEdge's rigorous standards for security and privacy to prevent such occurrences," said David Langsam, President and CEO.
In 1998, The Office of Inspector General (OIG) published Compliance Program Guidance for Third-Party Medical Billing Companies. The program established seven elements of an effective compliance program, they are:
- Implementing written policies, procedures and standards of conduct;
- Designating a compliance officer and compliance committee;
- Conducting effective training and education;
- Developing effective lines of communication;
- Enforcing standards through well publicized disciplinary guidelines;
- Conducting internal monitoring and auditing; and
- Responding promptly to detected offenses and developing corrective action
AdvantEdge's Compliance Plan proactively embraces all seven fundamental elements to an effective compliance program that ensure compliance with regulatory requirements for third-party medical billing companies and avoid related risks and penalties.
"AdvantEdge's technology, processes and compliance management ensures the highest level of HIPAA and HITECH compliance standards, while, at the same time enable our operations team to achieve the highest possible revenue collection performance for our clients," said Mr. Langsam.
About AdvantEdge Healthcare Solutions
AdvantEdge is a technology-enabled provider of healthcare business management solutions and business intelligence tools that substantially improve decision-making, maximize financial performance, streamline operations, and eliminate compliance risks for healthcare providers. AdvantEdge continues to gain meaningful scale through organic growth and strategic acquisitions. AdvantEdge is recognized as one of the top 10 billing, coding, and practice management companies in the U.S.; has more than 600 employees and collects over $1 billion annually for its physician and hospital clients using its proven technology. AdvantEdge clients include hospital-based physicians, hospitals, ambulatory surgery centers, behavioral health agencies and large office-based groups. AdvantEdge is backed by major investors Safeguard Scientifics (NYSE:SFE) and Founders Equity. For more information about AdvantEdge, please visit our website at www.ahsrcm.com, follow us on Twitter at @DoctorBilling and on LinkedIn.
Michael J Krivich, FACHE, PCM
Director of Marketing & Sales Operations
AdvantEdge Healthcare Solutions
SOURCE AdvantEdge Healthcare Solutions
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