Accordis Names Industry Veteran Frank Massi Senior Vice President of Sales and Marketing; Former Revenue Cycle Executive to Support Total Business Office Outsourcing Initiatives.Business Editors/Health/Medical Writers NEW YORK--(BUSINESS WIRE)--July 28, 2003 Accordis (Nasdaq:HMSY HMSY Health Management Systems, Inc (stock symbol) ), a leading business office outsourcing services company servicing hospitals and ambulance transport providers, today announced the appointment of Frank Massi, former Vice President - National Director of Revenue Cycle and A/R Services at Siemens Health Services health services Managed care The benefits covered under a health contract Corp., as Senior Vice President of Sales and Marketing. The appointment reflects Accordis's strategic focus on total business office outsourcing solutions for healthcare providers, the Company said. "The addition of Frank to the Accordis management team strengthens our outsourcing platform from both marketing and operations perspectives," said Bob Holster, President of Accordis. "With Frank on board, we are well-positioned to meet the continuing demand for business office outsourcing by providers," he added. "In the current economic environment, total business office outsourcing is providing an increasing number of healthcare providers with a more stable, less costly, and highly competent approach to management of the revenue cycle," said Massi. "I look forward to expanding Accordis's role in the developing outsourcing arena." During his 20-year tenure at Siemens, Massi worked in virtually all aspects of the revenue cycle services market, including software development, workflow and process reengineering, and deployment of tools such as document imaging. Massi played a major role in the development and implementation of both total and partial business outsourcing engagements. "The business office outsourcing services market is just now being defined and executed as a 'go-to' strategy for healthcare executives," said Massi. "With 30 years' focus in receivables management, Accordis has amassed all the right ingredients for a superior outsourcing solution: revenue cycle technology, operations and collections know-how, and process/workflow reengineering and ongoing management. Unlike companies with roots in software, IT, and consulting, Accordis is grounded in practical knowledge of the revenue cycle and methods to optimize performance at the lowest possible cost. It's this base of knowledge that has helped us evolve into who we are today--Healthcare's Business Office." Massi holds a Bachelor of Arts in Computer Science from Temple University. In addition to the hundreds of customers who have benefited from its A/R services, including New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Presbyterian Healthcare Network, San Francisco Community Health Network, and Cook County Bureau of Health Services, Accordis provides business office outsourcing to The George Washington University George Washington University, at Washington, D.C.; coeducational; chartered 1821 as Columbian College (one of the first nonsectarian colleges), opened 1822, became a university in 1873, renamed 1904. Hospital, the New York City Fire Department The New York City Fire Department or the Fire Department of New York (FDNY) has the responsibility for protecting the citizens and property of New York City's five boroughs from fires and fire hazards, providing emergency medical services, technical rescue as well as , the Los Angeles County Department of Health Services The Los Angeles County Department of Health Services (DHS) in Los Angeles County's department providing public and personal health services to the over 10 million residents in the County. , and the City of Chicago Department of Revenue. ABOUT ACCORDIS Founded in 1974 as the Provider Services Division of Health Management Systems, Inc., Accordis furnishes business office outsourcing services to healthcare providers nationwide. The Company's services assist clients in increasing revenue, accelerating cash flow, and reducing operating and administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. . Accordis is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of HMS HMS abbr. Her (or His) Majesty's Ship HMS (Brit) abbr (= His (or Her) Majesty's Ship) → Namensteil von Schiffen der Kriegsmarine Holdings Corp., listed on NASDAQ under the symbol HMSY. The Company is headquartered in New York, with offices in Baltimore, Chicago, Dallas, and Los Angeles. For more information, please visit http://www.accordisinc.com. |
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