CareMedic Systems, Inc. Strengthens Sales Team With New Appointment; Paul Hoyt to Lead Efforts in Product Sales and Marketing Strategy.Business Editors/Health/Medical Writers ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Nov. 3, 2003 CareMedic Systems, Inc., a leading provider of revenue event automation for healthcare facilities, announced the appointment of Paul Hoyt as Senior Vice President of Product and Sales Strategy. Mr. Hoyt will be reporting to Sheila Schweitzer, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of CareMedic. "We are very pleased to have Paul join us as we continue to solidify so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. our sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a team," said Schweitzer. "With the addition of Paul, we enhance our ability to create product partnerships, expand marketing opportunities, leverage new and innovative technology solutions and ensure continued customer satisfaction." Mr. Hoyt brings more than 20 years of experience in sales and product strategies. As Senior Vice President, Mr. Hoyt will be focused on the company's strategy and infrastructure for the sales organization, product management and marketing. He will have a lead role in business development and will be instrumental in driving the company to increased profitability. Prior to assuming his position in September 2003, Mr. Hoyt was the General Manager of NDCHealth, where he was responsible for directing $50+ million in recurring business and managing 200+ sales associates. He orchestrated or·ches·trate tr.v. or·ches·trat·ed, or·ches·trat·ing, or·ches·trates 1. To compose or arrange (music) for performance by an orchestra. 2. reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. management services and technology within the healthcare industry, producing $91 million in new incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. revenue at NDCHealth. Prior to NDCHealth, Mr. Hoyt was a regional sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → at Integrated Healthcare Systems, where he capitalized on a start-up sales/marketing opportunity in the sale of Hospital Information Systems, computers and software. "CareMedic's technology has an excellent track record in handling the most rigorous Medicare claims and reimbursement procedures," said Hoyt. "I am pleased to be working with a business that offers a real understanding of the particular needs of hospital administrators. I look forward to building on recent successes in the health revenue event management sector and plan to increase CareMedic's penetration in the US by building a strong sales force that will drive CareMedic to become a $100+ million revenue company." Mr. Hoyt received his B.S. in Marketing from the Southwest Missouri State University Missouri State University is a state university located in Springfield, Missouri. It is the state's second largest university in student enrollment, second only to the University of Missouri. From 1972 to 2005, Missouri State was known as Southwest Missouri State University. . He attended the Keenan Flager Business program at UNC (Universal Naming Convention) A standard for identifying servers, printers and other resources in a network, which originated in the Unix community. A UNC path uses double slashes or backslashes to precede the name of the computer. Chapel Hill and attended Emory University's executive financial management graduate school program. About CareMedic Systems, Inc. CareMedic Systems, Inc. (www.caremedic.com), headquartered in St. Petersburg, FL, is a healthcare solutions firm specializing in Medicare reimbursement software and services for healthcare facilities nationwide. The company's premier product is a suite of Medicare automation tools that provides real-time, pre-submission review by Medicare's computers, which allows virtual claim review and timely analysis of cash owed by Medicare to the facility, including claims purged by Medicare. CareMedic Systems enables healthcare facilities to accelerate cash flow -- by millions of dollars for most large hospitals -- and redirect up to 50% of staff time involved in the Medicare process to other payers. |
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