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United Communications Group sells CodeCorrect.


Less than two years after acquiring the company, United Communications Group (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) 
; Rockville, MD) has sold its CodeCorrect, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (Yakima, WA) unit to Accuro Healthcare Solutions (Dallas, TX), a company formed in 2004 to offer financial and operational solutions for healthcare providers. No terms of the deal were given.

CodeCorrect offers a set of web-based coding tools that are designed to help hospitals and physicians streamline the reimbursement Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.
 process and enhance revenues. Together with its Chargemasters.com division, acquired by CodeCorrect in August, 2005, the company provides maintenance, management and enterprise-wide tools, medical necessity verification, regulatory content, data analytics, coding intelligence, and content links for access to related information.

The purchase of CodeCorrect is Accuro's second acquisition in four months. In October 2005, the company acquired Innovative Health Solutions (HIS; Red Bank, NJ), a company that develops IT solutions for coding and coding compliance, reimbursement, and information management for healthcare organizations. Accuro is backed by private equity firm Welsh, Carson, Anderson Anderson, river, Canada
Anderson, river, c.465 mi (750 km) long, rising in several lakes in N central Northwest Territories, Canada. It meanders north and west before receiving the Carnwath River and flowing north to Liverpool Bay, an arm of the Arctic
 & Stowe (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
).
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Title Annotation:CodeCorrect, LLC acquired by Accuro Healthcare Solutions
Comment:United Communications Group sells CodeCorrect.(CodeCorrect, LLC acquired by Accuro Healthcare Solutions)
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 14, 2006
Words:164
Previous Article:Hollinger sale to Glacier Ventures includes trade publishing assets.
Next Article:"Contemporary Long Term Care" magazine acquired by HCPro.
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