Corporate Profile for HCX Inc., dated June 6, 1997.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: June 6, 1997
Company Name: HCX Inc.
Address: Suite 1250
600 New Hampshire Ave., NW
Washington, DC 20037
Main Telephone
Number: 202/625-3200
Chief Executive
Officer: Donald E. Hernley, president
Chief Financial
Officer: Daniel J. Ianni, CFO
Public Relations
Contact: David Henderson, director of marketing
Business number: 202/625-3219
Industry: Managed Healthcare/Insurance
-0- Company description: HCX HCX High Current Experiment HCX Headend Channel Switch specializes in research-based automated medical criteria for healthcare cost management. The company's management offices are located in Washington, D.C., with operation centers in Naperville, Ill. and Phoenix, Ariz. The company conducts business nationwide. Clients include insurance carriers -- workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. , automotive, group health and disability; state workers' compensation funds; HMOs; TPAs; and self insured corporations. HCX's managed care services assess medical alternatives and monitor progress throughout the course of treatment. Inpatient and outpatient treatments are reviewed to verify that they are both medically necessary medically necessary Managed care adjective Referring to a covered service or treatment that is absolutely necessary to protect and enhance the health status of a Pt, and could adversely affect the Pt's condition if omitted, in accordance with accepted and appropriate After treatment has been rendered, the Audit Services staff screen the bill for accuracy and determine which audit service will achieve optimal savings. Managed Care Services: -- Early Identification -- Inpatient Utilization Management Utilization management is the evaluation of the appropriateness, medical need and efficiency of health care services procedures and facilities according to established criteria or guidelines and under the provisions of an applicable health benefits plan. -- Review for Diagnostic Tests and Outpatient Procedures -- Physical Medicine Review -- CareScan Orthopaedic Medical Monitoring -- Return to Work Audit Services: -- Hospital Bill Audit including Inpatient and Outpatient Bill Review -- DRG DRG, n the abbreviation for diagnosis-related group. DRG see dorsal respiratory group. DRG Diagnosis-related group Managed care A unit of classifying Pts by diagnosis, average length of hospital stay, and Validation -- Negotiation -- Refund Assistance HCX has been accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. by URAC URAC Utilization Review Accreditation Commission (health care accreditation & certification) URAC University Recreation & Aquatic Centre Ltd (Australia) URAC Union Regional de Apoyo Campesino since 1991. In 1997, the company received URAC accreditation for workers' compensation. This voluntary accreditation process assures that HCX's policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental comply with URAC's Standards, which establish the basis for effective, efficient and consistent review. CONTACT: HCX Inc. |
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