Medical Transcription and Clinical Documentation Solutions, iMedX Australia & New Zealand (Health Information Management) imedx.com.au

iMedX Recognized As One Of 40 Fastest Growing Companies In Georgia

ACG Atlanta Honors Leading Clinical Documentation Company in 2016 Georgia Fast 40 Awards

ATLANTA, GEORGIA (JUNE 23, 2016) — iMedX, Inc. (iMedX), a global leader in health information and medical documentation solutions, was recognized this month as one of the top 40 fastest growing companies in the state of Georgia.

Presented by the Atlanta Chapter of the Association for Corporate Growth (ACG Atlanta), iMedX received previous recognition in 2015 and is currently maintaining its rank among ¬the top 20 companies honored in the 2016 Georgia Fast 40.

“We are honored to be recognized by the ACG Fast 40 Committee for the second year in a row,” said Christopher Foley, Chief Executive Officer at iMedX. “ACG does many wonderful things for the business community here in Georgia, and we are excited to be a part of it”.

Since its inception in 2002, iMedX has been well on its way to becoming one of the world’s preeminent healthcare information solutions providers and has received global recognition as one of the top business partners in the industry.

As the company continues to grow rapidly through client referrals, new sales, and industry acquisitions, Foley attributes the success to its dedicated team, led by the most experienced and accomplished individuals in the health information industry.

“Our success would not be possible without our dedicated team,” Foley, said. “They know that every detail matters, superior quality is essential, and customer satisfaction must always come first. Their passion for service and dedication to precision are what ultimately drives our growth and success.”

The future of iMedX looks bright, as Foley plans to continue building upon the company’s excellent reputation for service excellence in order to drive positive results and success for its impressive array of healthcare clients worldwide, which includes large academic facilities, community hospitals, and multi-specialty physician groups.

“As for the future, the company’s goals remain the same,” Foley, said. “To continue building upon our successes as one of the leading providers of health information and clinical documentation services worldwide. To continue spreading our message that people are critical to the process of healthcare. You’ll see us continue to execute on “Best of Breed” acquisitions, not only in medical transcription and coding, but in other related areas such as revenue cycle management (RCM) and electronic medical record virtual scribe (EMR) services and technology.”

ABOUT IMEDX, INC.
Founded in 2002, iMedX is an integrated medical document management and health information solutions company based in Atlanta, GA. Through its continuously growing technological capabilities, iMedX offers a full suite of high-value revenue cycle management solutions including medical transcription, medical coding services, results-based consulting, and data analytics. For more information, visit iMedX online at www.imedx.com or call 404-418-0096.

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MEDIA CONTACT
Britain Cunningham
bcunningham@imedx.com
404-418-0096 ext. 515

iMedX, Inc. Announces Acquisition of Amphion Medical Solutions

Strategic Acquisition Expands Portfolio of Brand Capabilities

ATLANTA, GEORGIA (JANUARY 19­, 2016) — iMedX, Inc. (iMedX), a global leader in health information and medical documentation solutions, today announced that is has successfully completed the acquisition of Amphion Medical Solutions (Amphion), a national leader of technology driven medical documentation and coding services.

This acquisition marks an important milestone in iMedX’s journey to becoming one of the world’s preeminent healthcare information solutions providers, as Amphion’s extensive portfolio, advanced capabilities, and exceptional talent pool provide significant value to the company’s long-term growth strategy, aimed at driving positive results and success for healthcare clients worldwide.

“I believe Amphion, along with the combined assets that iMedX will provide, offers the strategic advantage necessary to continue to compete successfully in our industry,” said Mike Cavill, CEO of Amphion. “Many potential suitors have shown interest in acquiring Amphion over the recent years and iMedX represented the best opportunity to benefit our employees, shareholders, and customers. We are very excited to grow as a united global company with unmatched potential.”

Additionally, the combined scale of both companies will create new opportunities for strategic expansion, as both iMedX and Amphion are very complementary in vision and in their ability to execute.

“I am proud of Amphion’s success over the past years, which has been driven by an extraordinary culture,” Cavill said. “Having spent significant time with iMedX’s leadership team, I am convinced they have a similar ambition and drive. I’m excited by what the future holds for our combined organization and look forward to being part of this dynamic new chapter for Amphion.”

Both companies have established excellent reputations within the healthcare industry based on their individual commitments to service excellence. The combination of their unique strengths allows iMedX to leverage a new set of brand capabilities that will ultimately increase the company’s ability to support and fund technological enhancements, recruitment, staffing, and training.

As a result, the combined company will be well-positioned to ensure higher quality results and performance, while also supporting clients’ goals for operational cost reductions at each stage of the transcription and coding process.

“iMedX has built a reputation based on actively investing in people and developing infrastructure to better serve customers worldwide,” said Christopher Foley, Chairman, and CEO of iMedX. “This transaction capitalizes on strong growth opportunities in a highly competitive market and affords us the ability to create additional value through increased scale, efficiencies realized by the integration of our unique capabilities, and resources necessary to achieve our ultimate goal of client success.”

“We recognize that success is not built on satisfactory, it is built on extraordinary and the opportunity to achieve this level of service excellence can only be made possible by continuing to grow and support our valued team,” Foley said. “Amphion employees will ultimately benefit by being part of an industry-leading company, which offers many opportunities for internal career growth and development. We look forward to working closely with the Amphion team to ensure a seamless transition and integration.”

ABOUT IMEDX, INC.

Founded in 2002, iMedX is an integrated medical document management and health information solutions company based in Atlanta, GA. Through its continuously growing technological capabilities, iMedX offers a full suite of high-value revenue cycle management solutions including medical transcription, medical coding services, results-based consulting, and data analytics. For more information, visit iMedX online at www.imedx.com or call 404-418-0096.

ABOUT AMPHION MEDICAL SOLUTIONS

Amphion was forged by the healthcare industry’s need for accuracy, accountability, compliance, and timely delivery of medical record transcription and coding. The company offers customizes services to meet client needs with credentialed and accurate transcriptionists and coders, proper and correct reimbursement for your products and services, timely outsource response, HIPAA compliance, education and training, and an eye on tomorrow. For more information visit www.amphionmedical.com.

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MEDIA CONTACT
Britain Cunningham
bcunningham@imedx.com
404-418-0096 ext. 515

iMedX Acquires Ozescribe to Expand Medical Documentation Services

Leading Medical Documentation Company Expands Services to Australian Marketplace

ATLANTA, GA (JANUARY 6, 2016) – iMedX Australia Pty Ltd., (iMedX) announced today that it has completed the acquisition of OzeScribe, Pty Ltd. (OzeScribe), the leading medical transcription and documentation service provider in Australia.

As an established and successful market leader with an outstanding reputation, OzeScribe will serve as the foundation for iMedX’s long-term growth strategy aimed at fusing innovative technology with unparalleled experience to give clients a significant edge in the clinical documentation process.

“iMedX and OzeScribe share a strong commitment to improving the service we provide,” said Lyndie Arkell, Founder and CEO of OzeScribe. “This combination will further strengthen our ability to service customers and meet their needs while maintaining our current Australian-based operations.”

In addition to its continuously growing technological capabilities, iMedX’s wealth of resources and sophisticated infrastructure will provide OzeScribe support services not previously available and allow the company’s personnel to focus on servicing and growing its clientele base.

“This acquisition is a win for both companies,” said Dr. Tony Arkell, Medical Director of OzeScribe. “The broader range of technologies and services made available through this complementary alliance will allow us to develop a more secure Australian-based data storage system and introduce a new breadth of technological solutions.”

As a result, the combined companies will be well positioned to ensure higher quality results and performance, while also supporting clients’ goals for operational cost reductions at each stage of the transcription process.

“We are thrilled to welcome the OzeScribe team to our iMedX family,” said Christopher Foley, CEO of iMedX. “The combination of our companies’ unique strengths and resources will allow us to provide an increased level of service and success for clients worldwide. We are excited for this opportunity to further compete in the global marketplace as a result.”

The combined companies make up the one of the largest global clinical documentation service providers and share an ultimate goal of driving positive results and success for healthcare clients worldwide. The companies will work together to service and support their collective client base and remain dedicated to the individual success of customers.

ABOUT IMEDX

Founded in 2002, iMedX is an integrated medical document management and health information solutions company based in Atlanta, GA. Through its continuously growing technological capabilities, iMedX offers a full suite of high-value revenue cycle management solutions including medical transcription, medical coding services, results-based consulting, and data analytics. For more information, visit iMedX online at www.imedx.com or call 404-418-0096.

ABOUT OZESCRIBE

Founded in 2003, OzeScribe is the leading provider of medical transcription services in Australia. Based on the principals of its founders, OzeScribe focuses on delivering accurate documentation in a timely fashion through the utilization of domestic resources. For more information, visit OzeScribe online at www.ozescribe.com.au.

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MEDIA CONTACT
Britain Cunningham
bcunningham@imedx.com
404-418-0096 ext. 515

iMedX Completes Acquisition of G2N to Expand Coding Services

Global Leader in Clinical Documentation Develops Foundation for Next Generation of Healthcare Technologies and Coding Services

ATLANTA, GA, December 7, 2015 – iMedX announced today that it has completed the acquisition of G2N, a thought leader in both medical coding and results-­based consulting.

As an established and successful market leader with an outstanding reputation, G2N will become the foundation for iMedX’s long-­term strategy of outsourced coding services expansion. Additionally, the complementary alliances made possible by this deal will better enable iMedX to further expand its customer support capabilities in order to achieve an ultimate goal of driving positive results and success for clients.

“This acquisition aligns with our strategy of fusing innovative technology and unparalleled experience to give our clients a significant edge in clinical documentation,” said Christopher Foley, CEO and Chairman of iMedX. “We know success is not built on satisfactory, it is built on extraordinary and it’s our never-ending commitment to this level of service that drives the ultimate value we provide to our clients. I am excited to welcome the G2N team as we introduce a new breadth of technologies and coding services that create additional value for customers.”

“The combination of iMedX and G2N creates exciting opportunities for our customers,” said Glenn Kraft, Founder of G2N. “We look forward to the expanded service potential presented by this union and its added value to the G2N brand’s strong reputation within the marketplace.”

The combined companies make up one of the largest global clinical documentation groups and share an ultimate goal of driving positive results and success for healthcare clients worldwide. The companies will work together to service and support their collective client base and remain dedicated to the individual success of customers’ businesses.

iMedX’s corporate headquarters will remain open in Atlanta, Georgia. G2N’s name and brand will be retained and the existing office in St. Louis will serve as the base of operations for all Coding Services.

ABOUT IMEDX

iMedX, founded in 2002, is an integrated medical document management and health information solutions company based in Atlanta, GA. Through its continuously growing technological capabilities, iMedX offers a full suite of high-value revenue cycle management solutions including medical transcription, medical coding services and data analytics. For more information, visit iMedX online at www.imedx.com or call 404-­418-­0096.

ABOUT G2N

G2N is a thought leader in both medical coding and results-­based consulting because of its expertise in the gross-­to-­net revenue cycles particular to a wide spectrum of participants in the healthcare industry. For more information, visit www.g2n.org or call 314-­835-­9311.

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MEDIA CONTACT

Britain Cunningham


bcunningham@imedx.com


404-­418-­0096 ext. 515

iMedX Wins 2015 ACG Atlanta Georgia Fast 40 Award

iMedX’s Revenue and Employment Growth Qualify in Record Applicant Pool of Middle-Market Companies in Georgia

ATLANTA, Jun 4, 2015 – iMedX, a leading health information solutions company and a leader in medical documentation solutions, today announced it won the 2015 ACG Atlanta Georgia Fast 40 award from the Atlanta Chapter of The Association for Corporate Growth® (ACG Atlanta). iMedX earned the title as one of the fastest growing middle-market companies in the state and will be honored at the annual ACG Atlanta Georgia Fast 40 Awards Dinner and Gala on June 11, 2015 at the Grand Hyatt Atlanta in Buckhead, GA.
Each year, ACG Atlanta – a global professional organization focused on middle-market growth; mergers and acquisitions; and private investment – honors the top 40 fastest growing middle-market companies in Georgia. Criteria and selection for the award includes a company’s headquarter location in Georgia; most recent year-end revenues ranging from $15 million to $500 million; and three years of verifiable revenue and employment growth.

Twenty companies earn recognition in each category: Lower Middle-Market (2014 revenues of $15 to $60 million) and Upper Middle-Market (2014 revenues of $60 to $500 million). This year’s record applicant pool increased the award’s competition. As a winner, iMedX’s growth rate combined with that of other winners in its category had over 808% in weighted growth measured objectively by revenue and employment achieved organically or through acquisition.

“We feel honored to earn the 2015 ACG Atlanta Georgia Fast 40 Award,” says Christopher Foley, Chairman, President & Chief Executive Officer of iMedX. “Our growth and impact on the medical documentation industry begins here in Georgia, so earning recognition for our efforts amongst a record applicant pool of other Georgia-based businesses demonstrates the importance of ACG Atlanta’s mission to bring together company leaders focused on growth.”

About iMedX

iMedX, founded in 2002, is an integrated medical document management and health information solutions company based in Atlanta, GA. Through its continuously growing technological capabilities, iMedX offers a full suite of high-value revenue cycle management solutions including medical transcription, medical coding services and data analytics. The company, a top-rated KLAS vendor, employs over 3,000 people worldwide. Its leading-edge technology, custom solutions, best-in-class quality and commitment to service excellence allow iMedX to focus on driving positive results and success for healthcare clients across the U.S. Learn more at http://www.imedx.com.

About ACG Atlanta

ACG Atlanta is the ultimate resource for professionals driving mergers and acquisitions. With more than 700 members and 25+ events per year, ACG brings together the dealmaking community, with more than 85% of its members reporting they have done business with fellow members. This results in real returns on investment for middle-market business leaders focused on building companies. Private equity professionals, investment bankers & intermediaries, attorneys, auditors & accountants, lenders, corporate development officers and company leaders make ACG the resource for opportunities, capital and services. To learn more visit www.acg.org/atlanta/.

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Contact:
Alexa DiGaetano
adigaetano@garfieldgroup.com
(215) 867-8600 ext 216

Revenue Cycle Management, Medical Documentation Intersect

Featured article in ExecutiveInsight, published by Advance Healthcare Network – Feburary 16, 2015

Solutions to manage the complexities of acute care and large medical practices.

New regulations continue to drive the evolution of healthcare technology, and medical documentation is no exception. CIOs and other healthcare executives face the challenge to find solutions to efficiently manage the complexities of acute care and large medical practices while maximizing revenue cycle management in anticipation of 30 million new healthcare consumers following the implementation of the ACA and other regulations. For example, in a survey conducted by executive search firm SSI-SEARCH, a majority of CIOs reported that demands on their performance increased 25 – 50 percent in the five years since the HITECH Act passed.

At the same time, medical data continues to grow at a rapid pace. A recent report from EMC and the research firm IDC estimates that health data will increase by 48 percent annually. One of the main feeders into health care data is the electronic patient record. Hospitals are rapidly adopting EHR systems, and IDC estimates 80 percent of hospitals currently use EHRs while 95 percent will implement them by 2020.

Though the new regulations may seem daunting, healthcare providers can leverage technology and best practices to achieve high quality medical documentation in order to ensure maximum revenue reimbursement and work efficiencies.

The Evolution of Transcription and the Patient Record

Today’s CIOs and healthcare executives look to adjust to the changes in regulation and technology of medical documentation. They need to create new efficiencies while increasing the accuracy of medical documentation in order to ensure revenue reimbursement.

Capturing the patient record remains one of today’s most challenging events in medicine. It is the foundation for patient care with impact far beyond. If the information isn’t correct in the patient record and EHR, it could have negative effects on patient care as well as on insurance reimbursement and profitability of the facility.

While today’s transcription relies heavily on technology like digital dictation, smart phone apps, and cloud-based platforms, technology makes up only part of the solution. At first glance, efficiencies brought by consumerization of medical technology such as access to tablets and smart phones promise streamlined documentation capture. However, many of these methods require already over-extended physicians to edit on the front end which takes valuable time away from patient care and leaves opportunities for error in a technology only environment.

Many of these systems may rely on technology with only a few points to check for errors. Errors in medical documentation can severely impact a hospital or medical practice leading to delayed diagnoses, misdiagnoses, medication errors, or even death as well as financial consequences such as delayed or lower reimbursement and even litigation. As CIOs in healthcare manage more technology – both software and hardware – with more constituencies including physicians, nurses, lab personnel, administration, insurers, and patients, they need to ensure their systems create the highest quality patient record. In fact, their profitability depends on it.

Proceed with a Humanology Approach

Let’s look at how technology can represent a source of errors in the patient record. For example, blanks and incorrectly or unrecognized speech involving missing, improper, or questionable information in medical transcription demonstrates one of the most frequent quality issues. There may be points – blanks – where someone needs to verify terminology and fill in incomplete, absent physician thoughts along with discrepancies in information. Further, audio file distortion such as clipped, cut off, incomplete, or missing dictation as well as unknown persons or places and copied forward text can lead to blanks.

These examples of blanks illustrate how the “humanology” approach can resolve an issue. Best practices in “humanology” dictate that people or auditors review for blanks on the back end of transcription. The simple insertion of a review cycle with a human auditor can lead to higher quality transcription and a higher quality patient record. For specialty practices or specialties inside hospitals, the auditor should be an expert transcriptionist familiar with the specialty to enhance the quality assurance cycle.

Taking the Next Steps to Best Practices

While technology promises streamlined processes and efficiencies to healthcare, we must understand that only people can recognize some errors. A holistic approach to quality medical documentation wins out when we consider its strength in a healthcare setting, but also in ensuring best practices for revenue reimbursement.

Enhance the clinician environment. Determine what your clinicians prefer in terms of tools to perform documentation capture. Some may appreciate familiar equipment while others may prefer cutting-edge technology, so provide a range of options for your physicians to ensure their quality and ease of use. This also includes maintaining equipment, ensuring that security is updated, and maintaining a HIPAA-compliant environment.

Outline policies and procedures. Provide your clinicians with guidelines to help them achieve the highest standard every time. Infuse your personal approach in your place of work and remember that each practice specialty and facility is different, so your processes may vary. This remains particularly important for institutions practicing specialized medicine.

Consider your transcription team. Ensure that your team consists of experienced and dedicated medical documentation professionals. A focus on best practices to consistently deliver the highest quality in all aspects of medical practice ensures the best outcome.

Define your specialty or focus. Match your transcription provider to your facility or practice expertise and work culture. Look for vendors who understand and use specialty terminology that only training and experience can recognize. Certifications and continuous training play a part in helping your provider’s team learn more about and understand your specialty which leads to quality documentation.

Conduct quality assurance. Implementing the above steps certainly increases the chances of quality medical documentation, but the “set it and let it” mentality may decrease quality and impact revenue cycle management. Build in steps for quality assurance. Seek opportunities for continuous improvement such as regular feedback, interaction with staff, auditing, and testing to ensure high quality output.

Optimistic Outcomes

As executives in the healthcare industry come face-to-face with the rising costs in the field, high quality medical documentation is a must for increasing reimbursement and quality of care. The highest quality medical documentation not only helps patients but also contributes positively to a facility’s efficiency and bottom line in revenue cycle management.

Christopher Foley is the CEO of iMedX