Aviacode buys Florida firm, adds facility coding capabilities
Aviacode, a Salt Lake City-based fee coding firm, has acquired the assets of Florida-based Revant Solutions, a provider of facility coding outsourced services. As part of the agreement, Aviacode will retain the majority of Revant’s full-time facility coders, auditors and operations managers and take over the company’s existing clients. As a result, Aviacode will be able to offer medical facilities an "all-in-one" coding solution to help improve revenue, cash flow and compliance, the company said in a release.
“As the lines between hospitals and physicians continue to blur and more look to outsource medical coding and other difficult back office functions, we felt it was critical to move more deeply into facility fee coding so we can offer our clients a full range of quality coding services,” said Keith Hagen, chief executive officer of Aviacode. “Facility coding requires a completely different skill set and perspective than pro fee coding and while we’ve always had some facility coding expertise, we’re thrilled to bring on dozens of specialists so medical organizations of any size can come to us rather than seeking out multiple service providers.”
Aviacode was founded in Salt Lake City by Dave Jensen in 1999 and has about 100 full-time employees and 800 coders working for its clients.
Aviacode vice president of staffing services Kris Cottrell, who has extensive experience in operations and managing medical coders, will lead the operational business from Aviacode headquarters in Salt Lake City. The new full-time employees will continue to work from their home offices throughout the country.
“Revant Solution’s dedication to the highest quality coding as well as exceptional customer service makes them a perfect match with our own philosophy and business model, as well as an invaluable asset as we grow into this new area of expertise,” Cottrell said. “We look forward to a smooth transition for these new employees and their clients as we solidify our position as a coding company medical facilities can turn to for all of their medical coding needs.”