HRAA Signs Coding Services Contract With Large Integrated Health Care Delivery System

Plantation, FL, Dec. 16, 2013 (GLOBE NEWSWIRE) -- Health Revenue Assurance Holdings Inc. (OTCQB: HRAA) -has beenawarded a three-year contract from one of the nation's largestnot-for-profit health plans, serving 9.1 million members, withheadquarters in California to provide health information managementcoding solutions, and quality assurance review expertise to their38 hospital settings and over 600 outpatient facilities throughoutthe United States.

HRAA will provide its highly trained team ofcertified medical coders to augment their interim staffing needsthrough October 31, 2016 utilizing our proprietary cloud-basedremote solution.

By employing a rigorous testing process thatbegins at the hiring stage combined with deep expertise in theintricacies of coding, HRAA's U.S. based staff provides theaccuracy, efficiency and timeliness paramount to optimizing revenuestreams while complying with all CMS and other regulatoryguidelines.

"Our high standards for quality and productivity will ensurethat our client's revenue cycle remains intact during this time ofrising compliance issues, the ICD-10 transition and otherchallenges," said Andrea Clark, chairman and CEO of HRAA. "We areexcited to partner with such a prestigious organization."

Founded in 1945, this client's mission is to providehigh-quality, affordable health care services to improve the healthof their 9.1 million members and the communities they serve across7 regions of the United States.  As the implementer of themost advanced non-governmental electronic health record in theworld, it was a natural fit for HRAA's mix of advanced codingtechnology and skilled coders.

About HRAA

HealthRevenue Assurance Holdings (OTCQB: HRAA) interprets datato ensure that healthcare is efficient and effective for everyoneby pulling medical data together to create a predictive window tounderstand cost and revenues looking back and going forward.Founded in 2001 and based out of Plantation, FL, HRAA combinesyears of industry expertise with best-in-breed technology to createmarket leading business intelligence products and consultingservices to ensure hospitals are reimbursed for every pill theyprescribe, every procedure they perform and every test theyadminister. HRAA both trains and supplies the high tech workforceto hospitals 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

Caution Regarding Forward LookingStatements

Certain statements in this news release and suchconference call are forward-looking, including (without limitation)expectations or guidance respecting customer contract expansion,growing revenues and profits through organic growth andacquisitions, attracting new business that will increase HRAA'srevenues, continuing to maintain costs and consummating anytransactions. Undue reliance should not be placed on suchforward-looking statements because the matters they describe aresubject to known and unknown risks, uncertainties and otherunpredictable factors, many of which are beyond the Company'scontrol. The Company's actual results, performance and trends coulddiffer materially from those indicated or implied by suchstatements 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 other riskfactors and cautionary statements that could affect future results,performance or trends are discussed in HRAA's most recent annualreport on Form 10-K, quarterly reports on Form 10-Q, and otherfilings made with the Securities and Exchange Commission from timeto time. All of the Company's forward-looking statements areexpressly qualified by all such risk factors and other cautionarystatements.

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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

HRAA

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