GreenFlag Profit Recovery Attains HFMA Peer Review Status for Third Consecutive Year
October 20, 2009 - Santa Rosa, CA - The Healthcare Financial Management Association (HMFA) recently performed their annual evaluation of GreenFlagSM Profit Recovery by Transworld Systems using their updated eleven-step high-level Peer Review process. After undergoing the rigorous review, GreenFlag Profit Recovery features the notable "Peer Reviewed by HFMA" mark for the third year in a row.
GreenFlag Profit Recovery services offer a diplomatic, low cost collections program that allows the client to stay in control at all times with access to account information 24/7. Transworld Systems' provides specialty services unique to the healthcare industry and works with numerous healthcare clients.
"We are very proud of GreenFlag's renewed Peer Review status for the third year in a row and have the utmost respect for the HFMA and its members," said Ken Eissing, SVP and General Manager of Transworld Systems. "We understand cash flow is a key to remaining successful in today's economy, especially for hospitals, and our service allows hospitals to address delinquent accounts early, when the chance of recovery is the greatest."
"An HFMA Peer Reviewed designation, not only needs to be earned once, but must be maintained by stringent scheduled reviews on an ongoing basis," says HFMA President and CEO Richard L. Clarke, FHFMA. "GreenFlag Profit Recovery has consistently met Peer Reviewed standards, and I congratulate Transworld Systems on the renewal of this designation."
The Peer Review Process The annual HFMA review process involves collecting feedback from current GreenFlag Profit Recovery users through the distribution of surveys, and Transworld Systems continues to score highly and meet the criteria for a product to display the HFMA Peer Review mark:
- Enhanced productivity for the individual user and for the customer's organization;
- Ease of installation and use;
- Accuracy and reliability;
- Good value for the price;
- Excellent technical support and customer service; and
- An overall positive rating from reviewers based on a quantitative scale
For more information on HFMA's Peer Review process, visit: www.hfma.org/peerreview/
About Transworld Systems Inc.
Transworld Systems Inc. ®, a wholly owned subsidiary of NCO Group, Inc.®, is an industry leader in profit recovery with headquarters in Santa Rosa, CA, and more than 100 offices throughout the United States and Puerto Rico. Transworld and its service brand GreenFlagSM Profit Recovery are redefining the collection industry by providing businesses with better tools for recovering bad debt and past due accounts. Transworld has collected $2.4 billion over the past 5 years for more than 60,000 clients. For more information, call 1.888.446.4733 or visit www.transworldsystems.com.
About HFMA
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With over 35,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. We provide education, analysis, and guidance; we lead change and innovative thinking; and we create practical tools and solutions that help our members get results. Addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues. www.hfma.org.
Transworld is the Cost Effective Solution ~American Mint
"As a national direct marketer, we faced some very unique challenges in the area of collections. Transworld not only helped us meet these challenges, but helped us exceed our goals in a very cost-effective manner."
American Mint
Tom Miglino, Vice President
