Printer Friendly
The Free Library
14,506,104 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

PHNS Completes Suite of Healthcare Solutions with Records Management, Release of Information Acquisition.


DALLAS -- PHNS PHNS Provider Healthnet Services  today announced the acquisition of Hunter Medical Systems, Inc. (HMSI HMSI Honda Motorcycles & Scooters India
HMSI Hazard Management Systems, Inc.
), a medical file records management and release of information (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) company in Saint Rose Saint Rose may refer to:

Women known as Saint Rose:
  • Saint Rose of Lima (1586-1617)
  • Saint Rose Philippine Duchesne (1759-1862)
  • Saint Rose of Viterbo (1235-1252)
Places named after Saint Rose:
  • St.
, Louisiana.

"HMSI is one of the most respected records management and ROI companies in healthcare today Healthcare Today is a monthly newsmagazine published in the United Kingdom by Mayden Publishing. The style and layout of the magazine is similar to that of The Week but its focus is purely on health-related news. ," said Chick Young Chick Young is a BBC Scotland football pundit, who regularly appears on Sportscene and Sportsound. He is also the captain of a charity football team Dukla Pumpherston [1], consisting of former professional players and other television celebrities. , 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.  of PHNS. "This acquisition is vital because it improves PHNS' ability to service our customers and will enhance our delivery of a full continuum of services to healthcare providers."

PHNS acquired HMSI's business, which includes 314 hospital and clinic clients in 14 states, as well as a 20,000-square-foot facility. HMSI will operate as a wholly-owned PHNS subsidiary, initially under the name "Hunter Medical Systems, a PHNS company," and will employ all HMSI personnel.

Fred Hunter, former operations manager See datacenter manager.  for HMSI, will be the president of Hunter Medical Systems, a PHNS company. Marsha Dyess, one of the founders of HMSI, will be the executive vice president of HMSI. In addition to Mr. Hunter and Ms. Dyess, more than 200 employees of HMSI will become members of the PHNS team.

"We are honored to join PHNS, a well-respected healthcare provider services company," said Hunter. "With our records management and ROI expertise, PHNS now has a complete set of service solutions that no other services company can provide to hospitals, and we are excited to be a part of that."

Currently, a majority of PHNS' customers use third parties to provide medical record ROI services and medical file record storage services. With the acquisition of HMSI, PHNS can offer its customers the expertise and infrastructure to compete effectively in the ROI and off-site record storage services industry.

ROI represents more than 96 percent of HMSI's annual revenue. ROI is the process in which parties request copies of medical records from healthcare institutions. HMSI employees fulfill those requests by using a proprietary process to locate, duplicate and mail the requested record to the authorized requesting party with an invoice.

About HMSI: HMSI is a family owned business that was founded by Marsha Dyess, Fred Hunter and John (Jack) Hunter. HMSI is an ROI and off-site medical file record storage company that serves the healthcare industry. Headquartered in Saint Rose, Louisiana, HMSI provides hospitals and healthcare facilities with a complete solution for the management of medical records storage and ROI requests. From its inception, company management has positioned HMSI as a technology-based, service oriented business.

About PHNS: PHNS is the only privately owned company that provides a suite of healthcaring solutions including information technology, health information management and receivables management services tailored specifically to hospitals and multi-facility healthcare systems. Serving more than 160 hospitals across the country, PHNS creates business-healthy hospitals by improving operations, enhancing technology, providing capital dollars and increasing cash on hand, and allowing hospitals to focus on their core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
 - patient care. PHNS employs more than 1,250 experienced professionals whose dedication has resulted in over $35 million in cost savings for PHNS' hospital partners. PHNS was founded in 1999 and is headquartered in Dallas, Texas, with employees based across the country. More information about the company can be found at www.phns.com.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 13, 2005
Words:519
Previous Article:Engineering Scholarships Available for 42nd Design Automation Conference; Allows 20 Unemployed Engineers to Attend Premier Industry Conference.
Next Article:Central Pacific Financial Corp. Announces Its First Quarter Earnings Conference Call.



Related Articles
PHNS Acquires Canfield & Associates, Adding Hospital Accounts Receivable Management Expertise to Services Portfolio; Firms Join to Provide Greater...
Section assists primary health nursing conference.(section news)
Public health nurses prepare for survey.(section news)
The country's biggest-ever public health nursing campaign gets underway.(news and events)
Nursing innovation at the heart of immunisation campaign: a great deal of nursing innovation and creativity lie behind the successful meningococcal...
County Hospital Engages PHNS for Revenue Cycle Improvement.
Public health nurses key to campaign success.
Defining public health nursing.(EDITORIAL)
Public health nurses 'go the extra mile'.
PHNS Ranked in Top 5 Hospital IT Outsourcers.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles