HCPro extends reach into the healthcare community with two key acquisitions.The acquisitive healthcare publisher HCPro Inc. recently completed its first two purchases of 2005 and its fifth and sixth in the past 12 months. Its purchase of the medical coding products of HP3 Inc. extends the company's reach in the sector of medical information, education and compliance. Competitors include Eli Research's Coding Institute and a number of coding titles published by UCG UCG United Church of God UCG Underground Coal Gasification UCG University College Galway UCG Unified Communications Group (Microsoft) UCG Universal Command Guide for Operating Systems (Guy Lotgering book) . The deal brings HCPro a coding e-mail newsletter, E-Coding News, the website www.justcoding.com, the "Coding Lunch and Learn" library of training programs, and a library of online learning courses. The founders of the Bethlehem, Penn.-based HP3, Ruthann Russo JD, MPH, RHIT RHIT Registered Health Information Technician and Joseph J. Russo Esq., sold HP3's coding product lines to concentrate on their growing healthcare consulting practice. "We have known and worked with the Russos for nearly a decade," said HCPro president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Bruce Guzowski. "We are delighted to carry on the traditions of the Russos in providing outstanding information to coders." The HP3 products will be added to HCPro's library of education and training materials for coders in hospitals, physician practices, and other healthcare organizations. "Coding is one of key areas of growth because it plays such a large role in ensuring accurate billing and reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. for our customers and in the care of patients," Guzowski said. Medical coding is used to convey information about diagnoses and procedures for payment and other purposes. Medical Environment Inc. HCPro also just bought Medical Environment Inc., a health and safety training company in Boulder, Colorado The City of Boulder (, Mountain Time Zone) is a home rule municipality located in Boulder County, Colorado, United States. Boulder is the 11th most populous city in the State of Colorado, as well as the most populous city and the county , which publishes a monthly newletter for physician practices and ambulatory settings and long-term care facilities long-term care facility n. See skilled nursing facility. , a loose-leaf binder binder: see combine. An earlier Microsoft Office workbook file that let users combine related documents from different Office applications. The documents could be viewed, saved, opened, e-mailed and printed as a group. service, and a line of health and safety training videos. "Medical Enviroment serves an urgent need for information allowing facilities to create safer environments for workers, patients, and visitors," Bruce Guzowski said. HCPro, 200 Hoods Lane, Marblehead, MA 01905, 781-639-1872, fax 781-639-2982, www.hcpro.com |
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