HRAA Adds Seasoned Health Care Executive to Growing Team

Mike Gallagher, MD, MBA, MPH to Join HRAA as Chief Medical Information Officer


Plantation, FL, Jan. 22, 2013 (GLOBE NEWSWIRE) -- Health Revenue Assurance Holdings Inc. (OTCBB: HRAA) the leading provider of revenue integrity technology solutions for healthcare organizations, has announced the addition of industry veteran Mike Gallagher, MD as Chief Medical Information Officer.

Dr. Gallagher is a practicing physician specializing in population medicine and brings over 15 years of healthcare informatics experience to HRAA's dynamic team of experts, who work collectively to help health care systems maintain revenue integrity via the Company's best-in-breed technology, data analytics and business intelligence solutions.

At HRAA Dr. Gallagher will be responsible for managing the product development / management department, as well as overseeing HRAA's revenue integrity governance and policy development. He will also provide clinical guidance for all products and services.

Dr. Gallagher comes to HRAA from GE Healthcare where he served as the global thought leader for Health Informatics, specializing in informatics, governance and clinical quality. His most recent clinical position was at UC Berkeley Health Center, where he served as CMIO and service line manager. Prior to UC Berkeley, he worked at El Camino Hospital, in Mountain View, California, as the Director of Business Intelligence and Outcomes Analytics.

"In just under a year, HRAA has experienced explosive growth, expanding from 10 employees to more than 120, which has enabled the company to continue to develop innovative and integrated products and technology solutions to meet our clients' diverse needs,"  said Andrea Clark, chief executive officer of HRAA. "Dr. Gallagher's deep understanding of business process engineering, coupled with his unmatched experience in chronic disease management, data governance and revenue cycle management will help HRAA to reach new levels of success in the coming year."

"I'm excited to be with HRAA, working as part a team that has data and quality squarely in their sights, "said Dr. Gallagher. "HRAA's focus on improving healthcare measures, and the company's foresight to begin a journey around the changes in healthcare reform and the changes in medical codes, allows me to contribute to many customers and see the impact of my work."   

Dr. Gallagher holds a BS in manufacturing and systems engineering, an MPH in environmental health, an MBA with concentrations in management of technology and health finance and a doctorate of medicine. He also served as chief resident for his fellowship at UCSF, and has completed certification programs in Clinical Research, Ethics and HIPAA.

About HRAA

HRAA is a leading provider of Revenue Integrity Technology and Services for healthcare organizations across the US.  Founded in 2001 and based out of Plantation, FL, HRAA combines years of industry expertise with best-in-breed technology to create market leading business intelligence products and consulting services to improve the healthcare delivery experience for doctors, nurses and patients.  HRAA offers the only full suite of solutions needed to keep up with the ever-changing healthcare industry, which include: data analytics software, business intelligence technology, medical coding, auditing, education, revenue cycle consulting, and ICD-10 transition solutions. For more information please visit:  http://www.hraa.com.

Caution Regarding Forward Looking Statements

Certain statements in this news release and such conference call are forward-looking, including (without limitation) expectations or guidance respecting customer contract expansion, growing revenues and profits through organic growth and acquisitions, attracting new business that will increase HRAA's revenues, continuing to maintain costs and consummating any transactions. Undue reliance should not be placed on such forward-looking statements because the matters they describe are subject to known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond the Company's control. The Company's actual results, performance and trends could differ materially from those indicated or implied by such statements as a result of various factors, including (without limitation) the continued strengthening of HRAA's selling and marketing functions, continued customer satisfaction and contract renewal, new product development, continued availability of capable dedicated personnel, continued cost management, the success and availability of acquisitions, availability of financing and other factors, as well as by factors applicable to most companies such as general economic, competitive and other business and civil conditions. Information regarding certain of those and other risk factors and cautionary statements that could affect future results, performance or trends are discussed in HRAA's most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and other filings made with the Securities and Exchange Commission from time to time. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.



            

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