IOD Acquires Confidential Copiers Inc. (CCI) in Strategic Move to Expand Presence in Rocky Mountain Region
GREEN BAY, Wis., May 16, 2011 /PRNewswire/ -- IOD Incorporated™, a leading provider of integrated HIM solutions to hospitals, health systems, and physician practices, today announced the completion of a strategic acquisition of Confidential Copiers Inc. (CCI). The combination brings a full suite of end-to-end HIM service solutions to a greatly expanded Colorado market place.
"As the second largest release of information (ROI) providers nationwide, IOD continues to execute our strategic plan, which includes expansion of service solutions, best of breed resources and geographical expertise," says Mike Wickman, Chairman and CEO of IOD. "CCI brings all three of these aspects to the ROI business and greatly expands our presence in the Rocky Mountain region." He adds, "Their philosophy of putting clients first and delivering quality service blends perfectly with the IOD culture."
When Cindy Reitz, President and CEO of CCI, was asked why IOD, she responded, "We have been approached by many companies over the years, but IOD brought a compatibility that we saw in no other company. They have great brand recognition in our area, cutting edge technology for our ROI customers, a superior customer service reputation, and after meeting with them, we saw the excellent fit of the two companies. CCI customers are also excited about the new coding and imaging services that are now available with the addition of IOD."
Hospitals and clinics face unique challenges as they work to deal with increasing numbers of audits and auditing bodies, all of which greatly add to the ROI burden. Layer that load with demonstrating meaningful use, transitioning to ICD-10 and accommodating changes in healthcare reimbursement and the need for additional resources becomes apparent. Further, the implementation of these healthcare drivers is different in clinics than in hospitals. The combination of IOD and CCI delivers true ROI and value to a dynamic and changing environment. The markets needs are shifting and IOD has the resources and knowledge to meet those needs while maintaining its customer service first approach.
About IOD Incorporated
With more than 30 years of experience and 1,800 locations nationwide, IOD is the leader in full suite HIM services solutions that help hospitals, health systems and clinics streamline and simplify HIM workflow. With comprehensive solutions including document conversion, release of information (ROI), coding, auditing, abstracting, ICD-10 transition services, RAC services, along with complete training and HIM consulting, the company empowers healthcare organizations to overcome workflow challenges and focus on their most mission-critical initiatives. The result is improved patient/physician satisfaction, increased HIM efficiencies and a stronger bottom line. For more information visit www.IODincorporated.com.
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SOURCE IOD Incorporated