GAFFEY Healthcare Expands Capabilities of Revenue Cycle Automation Tools

Plano, TX Jun 30, 2016 – GAFFEY Health continues to deliver against the financial demands of its customers by expanding the capabilities of AlphaCollector™, a collections automation workflow system, to allow for an increased focus on underpayments and denials.
The new Zero Balance Recovery module (ZBR) is designed to identify lost revenue from retrospective payment accuracy, along with potential contract management payment issues. As payments are received from payers, the system can immediately identify those accounts that have been incorrectly paid and route them to a specific staff member or team of staff to research further, if needed, and create a communication protocol with the payer for payment correction.
“Last year we launched AutoStatus an automated claims statusing tool that allowed us to identify denials earlier in the process,” stated Derek Morkel, GAFFEY CEO. “This new capability is a natural expansion that stems from our customers demand to focus on those claims that, if resolved earlier in the process, can make a significant positive impact on cash and a reduction in denials.”
GAFFEY Healthcare provides revenue cycle technology and services that enable health care organizations to accelerate cash flow, improve productivity and increase profitability with short-term and demonstrable ROI. From patient eligibility and payment verification to billing and claims management to third-party collections, their software relies upon cloud-based, state-of-the art workflow supported by a business intelligence platform. GAFFEY’s systems are in use at more than 200 healthcare systems and physician practices across the U.S.

HealthTronics Announces Agreement with HealthTrust for its Mobile Medical Technology

Austin, TX Jun 27, 2016 – HealthTronics Mobile Solutions, LLC, a subsidiary of HealthTronics, Inc., has entered into a supplier agreement with Brentwood, Tennessee-based HealthTrust.
The move will give HealthTrust members across the country access to HealthTronics’ cutting-edge, minimally invasive mobile medical technology, including lasers, ultrasound, cryoablation and microwave ablation systems. HealthTronics’ mobile medical therapies are used to treat conditions such as cancerous tumors and kidney stones.
Russell Newman, President of HealthTronics, said, “In an environment where cost pressures may be a significant concern, we strive to increase choices for healthcare providers and their patients. We’re excited to have the opportunity to serve as a HealthTrust supplier.”
About HealthTronics
HealthTronics, Inc., established in 1989 and headquartered in Austin, Texas, provides integrated, mobilized medical technologies and services, as well as physician partnership opportunities. The company brings its advanced technology and support systems to health care providers throughout the United States. For more information visit healthtronics.com.
About HealthTrust
HealthTrust (Healthtrust Purchasing Group, L.P.) is committed to strengthening provider performance and clinical excellence through an aligned membership model and the delivery of total spend management solutions, including supply chain solutions and a contract and service portfolio unparalleled in quality, scope and value. HealthTrust (www.healthtrustpg.com) serves over 1,400 acute care facilities and members in more than 22,600 other locations, including ambulatory surgery centers, physician practices, long-term care and alternate care sites. Headquartered in Brentwood, Tennessee, HealthTrust is affiliated with Parallon Business Solutions, LLC (www.parallon.com), a leading provider of healthcare business and operational services, including revenue cycle management, workforce and technology solutions. On Twitter @healthtrustpg and @parallonconnect.

Yoshio Kondo Joins CSafe Global as Director of Sales Japan

Dayton, OH Jun 22, 2016 – As the latest part of the company’s international growth program, cold chain specialist CSafe Global has appointed Yoshio Kondo to further solidify its presence in Asia.
Yoshio Kondo will direct CSafe Global’s sales and partnership initiatives in Japan. He will be responsible for developing long-term relationships with the leading life science companies and logistics providers in this important market.
Nadine Siqueland, Vice President of Global Sales for CSafe, stated: “I am delighted to welcome Yoshio to CSafe. He brings a great depth of knowledge and a wealth of experience within the life science sector to best serve our Japanese life science customers and partners. Yoshio’s appointment is integral to our further strategic expansion in the Asia Pacific market.”
Mr. Kondo is a hands-on business development professional with a successful twenty-year track record in leadership roles at Pfizer, Johnson & Johnson and Smiths Medical. He has also run his own independent pharmaceutical consultancy providing business strategy support to many of the world’s leading pharma and medical device companies. Mr. Kondo is a graduate of the Meiji University Law School in Tokyo. He comments on his new position: “It’s a truly exciting time to be joining CSafe. To comply with tightening regulations and to protect the latest generation of temperature-sensitive biologics, the industry needs innovative, proven and reliable solutions like those manufactured by CSafe. My career to date has afforded me valuable insight into the particular needs of the pharma and pharma-logistics companies that are operating in Japan. I look forward to applying this knowledge to drive revenue growth for CSafe in what is the world’s second largest pharmaceutical market.”
About CSafe Global
CSafe Global manufactures AcuTemp® brand passive packaging and hand-held mobile carriers, the CSafe® brand of active containers, and is the exclusive manufacturer and provider of ThermoCor® vacuum insulation. The active solution product assortment includes the industry leading CSafe RKN, which utilizes heating and compressor-driven cooling technology to eliminate the risks associated with extreme ambient conditions as well as the cost, aggravation and environmental challenges associated with dry ice transportation. CSafe Global’s AcuTemp brand has provided temperature management solutions since its founding more than 25 years ago. The courier is a simple-to-use, reusable temperature management system with multiple sizes, temperature ranges and durations designed to protect vital shipments during last mile delivery. The passive packaging assortment includes solutions for 2-8°C, CRT and frozen shipments with temperature hold times up to 240 hours.

Paramit Acquires Lathrop Engineering

Morgan Hill, CA Jun 21, 2016 – Paramit, the “zero-defect” medical device and life science contract manufacturer, today announced its acquisition of Lathrop Engineering, an instrumentation product development company specializing in medical devices and diagnostics. The move will enable Paramit to deliver unrivaled excellence in the design and manufacturing of complex medical and life sciences instruments.
“Our customers tell us that we provide a better than best-in-class experience across quality, service, delivery and cost, the four most important aspects of contract manufacturing,” said Paramit Chief Executive Officer Billoo Rataul. “With the acquisition of Lathrop Engineering, we will add product development to our offerings, seamlessly blending it with our manufacturing capability to improve customers’ time to market and their overall experience in new product introductions.”
In fact, the company estimates the current average industry timeline to take new products to market – from design through manufacturing – at 24 months. By integrating Paramit and Lathrop processes, the company expects to significantly decrease its average time-to-market to 18 to 20 months.
“We have collaborated successfully with Paramit on several projects in the past and have validated this enhanced speed to market,” said Bob Lathrop, Chief Executive Officer of Lathrop Engineering, now a Paramit company. “Through this joint work, we have identified tremendous opportunities to combine our worry-free development and risk mitigation processes with Paramit’s exceptional manufacturing quality to provide unparalleled solutions to medical and life sciences companies with complex instrumentation needs.”
Lathrop’s unique approach to product development will allow Paramit customers to control their product vision throughout the development process and to own the design when completed. The multidisciplinary Lathrop team has vast experience in airflow analysis, fluidics control, multi-spectral flow cytometry, fluorescence imaging, and high and low power digital microscopy for both quantitative analysis and/or human interface, among others. The company’s proven, engineered development processes are designed to simplify complex development challenges for customers.
Paramit is known for exceptional quality as a result of its “zero defect” approach to manufacturing. Its focus on quality has resulted in achieving surface mounted technology assembly (SMT) at nine defects per million opportunities (DPMO) for the last five years, compared to best-in-class of 30 DPMO, and system assembly at <1 DPMO for the last four years, compared to best-in-class of 200 DPMO. This level of quality is the result of its proprietary vPoke™ system that takes complex assembly and simplifies it into hundreds or thousands of basic steps. With vPoke, the assembly operator cannot move forward until a step has been completed, validated and documented. This process enables 100 percent traceability for the product.
By harmonizing design, engineering and manufacturing through proprietary systems approaches, Paramit will create a “transferless” process from concept to manufacturing, accelerating time to market, lowering costs and ensuring consistent quality from the first product manufactured to the last.
Paramit will maintain Lathrop Engineering’s design center based nearby in San Jose.
The acquisition comes as Paramit’s new 162,000 square foot facility in Penang, Malaysia nears completion. This facility will focus on medical devices and life science instruments, while growing its Industrial Tools business. The new facility is expected to be completed by fourth quarter 2016 and will double the company’s current capacity in Penang.
About Paramit
Paramit delivers peace of mind in the development and manufacturing of complex medical and life science instruments, harmonizing the processes for exceptional time to market. Its innovative approaches include enabling customers to own their design at the end of the development process and manufacturing with a “zero defect” goal that results in better than best-in-class quality. The company’s focused experience, ingenuity and tenacity eliminate traditional product development and manufacturing challenges. For more information, please visit www.paramit.com.