For the second consecutive year, HealthCare Insight® (HCI), an ISO business, was named one of Utah’s fastest growing companies by the MountainWest Capital Network as part of its annual Utah 100 awards program. HCI is a provider of clinically validated fraud prevention and cost containment solutions for healthcare and dental claims payors. The award was presented to HCI at the Utah 100 awards ceremony held on October 24th at the Grand America Hotel in Salt Lake City.
“HCI is proud to again be recognized as one of Utah’s most rapidly growing companies because this means that we are providing employment for residents of Utah and several other states at this crucial time in our nation’s economy.” said Barry Johnson, president of HealthCare Insight. “Our continued rapid growth as a health care fraud prevention service provides benefits not only to our customers, but also indicates that we are having a larger impact in preventing the waste of valuable health care resources at a time when medical care is increasing in cost faster than our economy can sustain. We are grateful for this recognition and hope to be recognized annually as we continue to grow our business.”
Over the past four years, the company has experienced a yearly average of 85 percent growth in revenue. It attributes much of this growth to providing a unique service to help address the $240 billion annual loss to health care claims fraud and abuse. HCI provides claims payors a combination of fraud identity software and hands-on claim review by MDs, RNs, DDSs and other clinical specialists in its investigative unit.
Now in its 14th year, MountainWest Capital Network’s Utah 100 awards recognize the 100 fastest-growing companies in Utah that are at least two years old. This year’s awards were given based upon the percentage of revenue growth from 2003 through 2007.
About the MountainWest Capital Network The MountainWest Capital Network is the original, independent business networking group in Utah. For more than two decades, MWCN has supported entrepreneurs, investors and allied professional services firms with real-time information about capital creation and distribution through sponsored events that inspire, stimulate and reward successful business performance as they build relationships. The Utah 100 awards recognize companies for their significant contribution to the state and its expanding economy. The MountainWest Capital Network launched the Utah 100 in 1995 as Utah’s first business-growth recognition program.
About HealthCare Insight® (HCI)
HCI, an ISO business, provides private and public sector healthcare claims payors (including health plans, managed care organizations, insurance carriers, third-party administrators, Medicaid, and Medicare) with a comprehensive suite of clinically validated fraud and abuse surveillance services designed to maximize claims administration accuracy and minimize payment waste. Each of HCI’s customizable software as a service (SaaS) solutions rely on a unique prepayment process that combines proprietary software systems with detailed review by experienced clinicians (doctors, nurses, and dentists) and investigators on all suspect claims and billing patterns. HCI’s differentiated process enables payors to target fraud with greater efficiency by significantly increasing the quality of results returned. For more information and to learn about a no-cost Clinical Surveillance Analysis (CSA), please visit us online or call 1-877-819-5557.
Contact:
Darin Johnson, HealthCare Insight®, 801-285-5805,
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