Plantation, FL, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Health Revenue Assurance Holdings, Inc. (OTCQB: HRAA), announcedtoday that National American University (NAU) has selected thecompany to provide ICD-10 courseware for a non-credit programoffered by the university. The program includes 300 hours ofreal-world coding experience and provides students with theknowledge and skills required to transition from the ICD-9 to theICD-10 medical coding system. "As we continuously strive to fulfill our mission oftraining and supplying a high-tech workforce that is integral forhealthcare organizations to operate and ultimately provide patientcare, HRAA will ensure that medical coders are prepared with boththe knowledge and experience to meet these demands come October2014 by working with NAU and other educational institutions," saidAndrea Clark, Founder and Chief Executive Officer of HRAA. "National American University has a strong history of providingtechnical and professional educational programs that meet the needsof students and employers. The courseware HRAA has developedwill assist the university in meeting industry needs. We lookforward to working with HRAA as the medical industry prepares forthis major shift," said Dr. Ronald Shape, Chief Executive Officerof National American University. In addition to this non-credit program, NAU offers many programsin the areas of health sciences. For example, NAU offers ahealthcare coding diploma program designed to provide acomprehensive understanding of coding principles and standards forentry level professionals. Students may also choose NAU'sHealth Information Technology Associate of Applied Science degreeprogram, which prepares students to perform entry level technicaland managerial functions in various healthcare settings. About HRAA Health Revenue AssuranceHoldings (OTCQB: HRAA) interprets data to ensure thathealthcare is efficient and effective for everyone by pullingmedical data together to create a predictive window to understandcost and revenues looking back and going forward. Founded in 2001and based out of Plantation, FL, HRAA combines years ofindustry expertise with best-in-breed technology to create marketleading business intelligence products and consulting services toensure hospitals are reimbursed for every pill they prescribe,every procedure they perform and every test they administer. HRAA both trains and supplies the high tech workforce tohospitals to generate the predictive data used by the wholehealthcare system and offers a full suite of solutions needed tokeep up with the ever-changing healthcare industry including dataanalytics software, business intelligence technology, medicalcoding, auditing, education, revenue cycle consulting, and ICD-10transition solutions. For more information visit: http://www.hraa.com About NAU National American University is a regionally accredited,proprietary, multi-campus institution of higher learning offeringassociate, bachelor's, master's, and doctoral degree programs intechnical and professional disciplines. Accredited by The HigherLearning Commission and a member of the North Central Associationof Colleges and Schools, NAU has been providing technical andprofessional career education since 1941. NAU opened its firstcampus in Rapid City, South Dakota, and has since grown to multiplelocations throughout the central United States. In 1998, NAUbegan offering online courses. Today, NAU offers degree programs intraditional, online, and hybrid formats, which provide studentsincreased flexibility to take courses at times and placesconvenient to their busy lifestyles.
Caution Regarding Forward LookingStatementsCertain statements in this news release and such conference callare forward-looking, including (without limitation) expectations orguidance respecting customer contract expansion, growing revenuesand profits through organic growth and acquisitions, attracting newbusiness that will increase HRAA's revenues, continuing to maintaincosts and consummating any transactions. Undue reliance should notbe placed on such forward-looking statements because the mattersthey describe are subject to known and unknown risks, uncertaintiesand other unpredictable factors, many of which are beyond theCompany's control. The Company's actual results, performance andtrends could differ materially from those indicated or implied bysuch statements as a result of various factors, including (withoutlimitation) the continued strengthening of HRAA's selling andmarketing functions, continued customer satisfaction and contractrenewal, new product development, continued availability of capablededicated personnel, continued cost management, the success andavailability of acquisitions, availability of financing and otherfactors, as well as by factors applicable to most companies such asgeneral economic, competitive and other business and civilconditions. Information regarding certain of those and otherrisk factors and cautionary statements that could affect futureresults, performance or trends are discussed in HRAA's most recentannual report on Form 10-K, quarterly reports on Form 10-Q, andother filings made with the Securities and Exchange Commission fromtime to time. All of the Company's forward-looking statementsare expressly qualified by all such risk factors and othercautionary statements.
CONTACT: Investor Relations Contacts: Phil Carlson / Alex Woodbury KCSA Strategic Communications 212-896-1233 / 212-896-1267 or Katerina Jones 954.472.2340 Media Contacts: Danielle DeVoren / Taylor McGrann KCSA Strategic Communications 212-896-1272 / 212-896-1253