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SOURCE CodeSmart Holdings, Inc.
NEW YORK, Feb. 24, 2014 /PRNewswire/ -- CodeSmart Holdings, Inc. (ITEN), with its subsidiary, The CODESMART™ Group, Inc. (collectively, "CodeSmart"), a premier ICD-10 education and solutions group that offers CODESMART™ UNIVERSITY, its proprietary on-line education solution and customizable training solutions, announces today that it is launching its new revolutionary CDI Smart™ Software and Smart Code™ Reference Tool during the HIMSS 2014 Annual Conference at booth #3789, which is taking place this week in Orlando, Florida.
Designed by clinical staff with experience as Clinical Documentation Specialists, CDI Smart™ automates, integrates and streamlines key clinical documentation program processes. CDI Smart™ Software is a HIPAA compliant software that will allow organizations to develop a collaborative and streamlined workflow process, while meeting industry-best practice standards in the areas of querying and data monitoring. The software facilitates the goal of robust documentation that supports compliant and accurate coding, appropriate reimbursement and severity of illness categorization.
The Smart Code™ Reference Tool is available as a free standing web based subscription or as part of the CDI workflow software. The Reference Tool supports the CDI staff in identifying MS-DRG strategies and ICD-10-CM/PCS documentation specificity issues. In addition, the Reference Tool facilitates the identification of CCs, MCCs, HCCs, Severity Levels, Quality Indicators and Potential Denials.
"This revolutionary and game-changing software will help automate, integrate, organize and streamline the ICD-10 clinical documentation workflow and processes that nurses and coders enter on a day to day basis," said CodeSmart™ CEO Ira Shapiro. "It's affordable and will be very helpful and beneficial for small to midsize hospitals and physician practices. We continue to be committed to helping our clients be more successful and comfortable with the demands of ICD-10."
The CDI Smart™ Software and Smart Code™ Reference Tool has been met with excitement by their current beta-test site, San Antonio Community Hospital in California. CodeSmart™ also identified other similar organizations that would benefit from its use. CodeSmart™ plans to reach more than 5,000 hospitals and 600,000 physicians in its US distribution channel with the help of their strategic partners.
This product represents an ongoing and scalable revenue stream which renews annually for Codesmart™. It will assist clinicians to make clinical documentation an easier process given the complexities created by ICD-10.
CodeSmart Holdings, Inc. (OTCQB: ITEN) with its subsidiary, The CODESMART™ Group, Inc., is a premier national subject matter expert for ICD-10 education and compliance in the United States. Its product, CODESMART™ UNIVERSITY, is an on-line program of study for existing coders, new coders, clinicians, and healthcare roles of all types. Created by a combination of a leading panel of ICD-10 subject matter experts and a major four-year accredited university, which contributed the nation's top course designers and a platform that already provides interactive education to more than 60,000 students per year in degree programs. The ICD-10 training also includes live professors who work with and guide students through the programs of study in ICD-10.
CODESMART™ UNIVERSITY is endorsed by over 70 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.
To learn more about The CODESMART™ Group's proprietary programs, visit www.codesmartgroup.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Certain written and oral statements made by CodeSmart Holdings, Inc. may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking statements are identified by such words and phrases as "we expect," "expected to," "estimates," "estimated," "current outlook," "we look forward to," "would equate to," "projects," "projections," "projected to be," "anticipates," "anticipated," "we believe," "could be," and other similar phrases. All statements addressing operating performance, events, or developments that either expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause actual results to differ materially from anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. CodeSmart Holdings, Inc. undertakes no obligation to update these forward-looking statements after the date of this release.
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