IOD Completes Acquisition of ICD-10 Ready Coding Services Provider, Medical Executive Coding & Auditing (MECA)

GREEN BAY, Wis., April 18, 2011 /PRNewswire/ -- IOD Incorporated™, a leading provider of integrated HIM solutions to hospitals, healthcare systems and clinics, today announced the completion of the acquisition of Medical Executive Coding & Auditing (MECA) and their affiliated RAC consulting company, Health Sciences Institute (HSI). Through the acquisition, IOD now addresses the day-to-day issues of coding, audits and clinical abstraction; and moves closer to becoming a full-service HIM partner for the healthcare industry. In addition, the company ensures availability of ICD-10 coding expertise and helps customers prepare for the transition from ICD-9 to ICD-10.  

"For more than 30 years, IOD has been continually advancing and perfecting our services for HIM," says Mike Wickman, Chairman and CEO of IOD. "With the move to ICD-10 looming, recovery audits on the rise and health information becoming more critical than ever before, customers told us they needed a single partner that could provide a wider breadth of HIM services," he adds. "We listened."

Since January 2011, the company has built upon their core ROI competency by adding:

• Document capture and imaging software and services
• Coding, audit and clinical abstraction services
• HIM consulting services
• ICD-10 training and education

"MECA is a proven supplier of clinical coding, audit and HIM consulting services," mentions David Van Doren, RHIA, CCS, RAC-CT former HSI President and CEO, who will serve as president of IOD's Coding, Abstracting and Consulting Division. "We bring IOD unmatched industry knowledge and expertise with hands-on leadership and a rock-solid reputation for quality customer service," he concludes. Together with its emphasis on training and education, MECA complements IOD's expansion perfectly.  The MECA services will be marketed under the IOD name and brand identity.

"As a long-term customer of IOD, as well as of their recent MECA and ADS acquisitions, we continually benefit from their forward-thinking strategies and world-class customer service," mentions Shiny B. George, RHIA, CPHIMS, CCS, CCS-P, CPC, Director of HIM at Penn Presbyterian Hospital of the University of Pennsylvania Health System. "Being able to rely on a single, comprehensive partner makes my job of managing our department that much easier, and efficient," she adds. "IOD continues to assemble a solid, proven collection of technology and services—and that's exactly what I need," she concludes.

About IOD Incorporated

With more than 30 years of experience and 1,600 locations nationwide, IOD is the leader in full suite HIM services solutions that help hospitals, healthcare systems and clinics streamline and simplify HIM workflow. With comprehensive solutions including document conversion, release of information (ROI), coding, auditing, abstracting, ICD-10 transition services, RAC services, along with complete training and HIM consulting, the company empowers healthcare organizations to overcome workflow challenges and focus on their most mission-critical initiatives. The result is improved patient/physician satisfaction, increased HIM efficiencies and a stronger bottom line. For more information visit www.IODincorporated.com.

Beth Friedman
President
Friedman Marketing Group
p: 770-335-8570
email: beth@tfmgcom.com

SOURCE IOD Incorporated