GAITHERSBURG, Md., August 28, 2013 — DecisionHealth LLC, and its parent company, UCG, LLC, today announced the acquisitions of Contexo Media and Dorland Health, from Access Intelligence, LLC, of Rockville, Md. The combined entity becomes one of the largest providers of revenue cycle management guidance and tools to healthcare businesses nationwide.
The combination of DecisionHealth, Contexo Media and Dorland Health comes as demand for healthcare services is increasing exponentially given rapid growth in the U.S. population and extended life expectancy. With the cost of care rising as a result, insurance payers, led by Medicare, are demanding greater coordination of care among healthcare providers, as well as greater specificity to explain the health services provided and that they were medically necessary.
To that end, on October 1, 2014, the U.S. healthcare market will adopt ICD-10-CM and ICD-10-PCS, a system of 67,000 medical diagnoses codes that’s five times larger than what’s used today by providers. As a result the need among providers for essential coding and billing guidance is increasing dramatically.
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