|By Marketwired .||
|May 19, 2014 02:40 PM EDT||
CLEVELAND, OH -- (Marketwired) -- 05/19/14 -- Human Arc, a leader in reimbursement and revenue enhancement services for hospitals and health plans, is celebrating 30 years of delivering innovative solutions to its clients while making a difference for people in need.
Founded in 1984, Human Arc's mission is to improve the fiscal health of hospitals and health plans while connecting the people they serve to government programs that enhance the quality of their lives. The company's business model blends a sharp focus on business success in areas such as innovation, growth, profitability, and results for clients with the goal of providing significant benefits to the community and those in need.
"Our model really is a hybrid approach, putting equal focus on successful business and positive social outcomes," said Michael J. Baird, Human Arc founder and Chief Executive Officer. "The results we've seen from this approach have been powerful. In 30 years we've experienced substantial growth, positively impacted millions of people's lives, and built a strong organization of employees passionate about the opportunity to make a living while making a difference."
The company marked the start of its 30th year by announcing it positively impacted the lives of more than 1.2 million people in 2013 through its business activities, voluntary employee outreach, and corporate community initiatives.
In addition, Human Arc continues to expand its broad range of technology-enhanced reimbursement solutions. The company is launching a new cloud-based technology that equips hospitals to screen patients for both Medicaid and insurance subsidies to purchase Qualified Health Plans in the Marketplace. For health plan clients, Human Arc recently enhanced its predictive model, Precision. The new model uses more information to determine with a higher degree of predictability the members who may be eligible for disability benefits.
Another strategic program new in 2014 will expand the ways the company and employees make a difference in the community. One aspect of the program will provide support to employees who encounter personal hardships. Another will aim to inspire others, both businesses and individuals, to give back to the community.
"The Human Arc business model has proven -- and continues to prove -- it works very effectively," said Jeff Markle, Human Arc President and Chief Operating Officer. "As we look to the future, we're ready and willing to share this model with other businesses interested in making positive social changes while realizing organizational profitability and success."
Established in 1984, Human Arc is a recognized leader in government program eligibility enrollment and reimbursement services for hospitals and health plans, providing services that help clients optimize their revenue cycle management. On clients' behalf, Human Arc helps patients and plan members with low or no income, those who are aged, or those with disabilities enroll in government-funded assistance programs and realize quality-of-life improvements.
Experience. Compassion. Results. That's Human Arc. www.humanarc.com.
Stephen J. Mullin
Vice President, Marketing, Planning and Product Development