|By PR Newswire||
|August 12, 2014 11:00 AM EDT||
PORTLAND, Ore., Aug. 12, 2014 /PRNewswire/ -- Clinicient Inc., a leader in outpatient rehabilitation business solutions, today announced its expansion to meet the surging revenue cycle management needs of therapy practices across the country. Only months after receiving $15 million in Series C funding from growth equity firm Catalyst Investors, Clinicient recruited top executive talent and celebrated the opening of its state of the art headquarters in downtown Portland. This expansion further extends Clinicient's revenue cycle management expertise to therapy practices struggling to increase revenue, decrease operational costs and minimize time to collect in a reformed healthcare environment.
Portland's economy will directly benefit from Clinicient's growth as an employer of choice in the vibrant health information technology (IT) industry. Analysts say the health IT market value will swell to $56.7 billion by 2017 due to the rising demand for healthcare specific data technology and business solutions.[i] This need is deeply felt by outpatient therapy practices facing increasingly complex payer regulations and low reimbursement rates. Clinicient's data driven coaching staff uses highly tailored, cloud-based revenue cycle technology to help therapists earn more revenue, work more efficiently, shorten payment cycles and develop stronger relationships with their patients.
"Recognized as one of the fastest growing cities in America, Portland's creative and entrepreneurial economy is the perfect environment for healthcare innovation," said Rick Jung, CEO at Clinicient. "As Clinicient continues on its growth trajectory, we are proud to attract such high caliber executives as Michael Northover, Christine Dorrance, Sandy Pennington, Doug Schumann, and Janet Lanham. World-class leadership is the key ingredient to becoming a Top 100 Oregon employer."
Newly recruited Clinicient executives include:
- Michael Northover, M.B.A., chief technology officer: Northover has previously held CTO, COO and senior IT management positions in the Portland Area and New York.
- Christine Dorrance, vice president, finance and administration: Dorrance has previously held CFO, Controller and senior financial management positions in the financial services industry.
- Sandy Pennington, M.B.A., vice president, people and process: Pennington has held similar positions in both Portland and San Jose, Calif.
- Doug Schumann, M.A., vice president of customer success: Schumann is a six Sigma Black Belt and PMP Certified Project Manager with over 15 years of experience coaching organizations to reach their highest potential.
- Janet Lanham, R.N., vice president of services delivery: Lanham is a 30-year industry veteran of revenue cycle management who has held positions at every major point along the continuum of care.
In order to support its rapidly increasing customer base, Clinicient also moved into 27,000 square feet at the newly renovated historic Mohawk building, 708 S.W. Third Ave., where it occupies the third and fourth floors.
"Portland is a renowned incubator for start-ups that have made a real difference in business and personal lives. Clinicient is a testament to this," said Sasha Kolbeck, DPT, OCS, CMPT, physical therapist and co-owner at Pettygrove Physical Therapy & Sports Rehabilitation in northwest Portland. "As an independent physical therapy practice, while not losing site of patient care and what we love doing, we also need to focus on maximizing collections for care already provided. Limited reimbursements from Medicare and other payors, as well as the uncertainties of the healthcare environment, pose a threat for many physical therapists as insurance regulations grow increasingly complex. With Clinicient's fully integrated software and revenue cycle management expertise, as well as their coaching during the implementation phase and ongoing webinar education series, my physical therapy practice is in a stronger position to thrive in health reform, optimizing our collections while continuing to deliver premium care to our patients.
"As a fellow Portland business owner, I could not be more proud of Clinicient's growth. We are excited to see it continue to take off to support more physical therapists around the country," said Karl Kolbeck, PT, OCS, COMT, FAAOMPT, physical therapist and co-owner at Pettygrove Physical Therapy & Sports Rehabilitation. "Clinicient has already improved how we engage with our patients, streamlined continuity of care, strengthened relationships with our referral sources and given us the confidence to not miss a beat in health reform."
Founded in 2004, Clinicient is the only revenue cycle software and clinical solutions company exclusively focused on the outpatient rehabilitation therapy marketplace. With nearly $1 billion in payments under management, Clinicient supports thousands of therapists in 45 states across the United States.
Clinicient helps outpatient rehabilitation therapy businesses manage change with a combination of cloud-based EMR, practice management and revenue cycle management solutions that optimize the entire care cycle from patient to payment. With nearly $1 billion in payments under management, Clinicient's solution maximizes payment while enabling therapists to deliver superior clinical outcomes that enhance the value of therapy to patient population health management. Clinicient is headquartered in Portland, Oregon. For more information call (877) 312-6494 or visit http://www.clinicient.com or follow Clinicient on Twitter @Clinicient.
[i] Healthcare IT Market By Application [Provider IT (EMR, PACS, CPOE, RIS, CDSS, RCM, Claims Management, Payroll), Payer IT (CRM, Fraud Detection)], Delivery Mode (On-Premises, Web-Based Services & Cloud Computing) & Component – Global Forecasts to 2017. (2013, May 1). . Retrieved July 31, 2014, from http://www.researchandmarkets.com/reports/2542256/healthcare_it_market_by_application_%5Bprovider_it#pos-1
SOURCE Clinicient Inc.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 05:00 PM EDT Reads: 672
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
Jul. 1, 2015 05:00 PM EDT Reads: 2,155
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 04:09 PM EDT Reads: 228
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
Jul. 1, 2015 03:30 PM EDT Reads: 1,010
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
Jul. 1, 2015 03:00 PM EDT Reads: 1,897
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York
Jul. 1, 2015 02:45 PM EDT Reads: 1,018
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Jul. 1, 2015 02:30 PM EDT Reads: 1,154
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Jul. 1, 2015 02:21 PM EDT Reads: 431
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
Jul. 1, 2015 01:15 PM EDT Reads: 2,136
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 12:54 PM EDT Reads: 492
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
Jul. 1, 2015 12:15 PM EDT Reads: 2,036
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
Jul. 1, 2015 12:00 PM EDT Reads: 1,981
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 1, 2015 11:45 AM EDT Reads: 997
SYS-CON Events announced today that JFrog, maker of Artifactory, the popular Binary Repository Manager, will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based in California, Israel and France, founded by longtime field-experts, JFrog, creator of Artifactory and Bintray, has provided the market with the first Binary Repository solution and a software distribution social platform.
Jul. 1, 2015 11:30 AM EDT Reads: 950
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
Jul. 1, 2015 11:30 AM EDT Reads: 2,231