Recondo Technology

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Recondo Technology
Company typePrivate
IndustryComputer Technology
Founded2006 (2006)
HeadquartersGreenwood Village, Colorado, USA
Key people
Jay Deady, CEO
Rick Adam, Founder & Former CEO
Number of employees
275
Websitewww.recondotech.com

Recondo Technology (Recondo) is an American computer technology corporation headquartered in Greenwood Village, Colorado, with offices in Irving, Texas, Lakeland, Florida and Indianapolis, Indiana. The company connects providers, payers, and patients using cloud computing solutions throughout the healthcare revenue cycle. Recondo's software services are designed to ensure proper payments across the continuum of US healthcare, and bring efficiencies and cost savings to healthcare payment processing.,[1][2]

As of March 2014, the company had more than 850 US hospital facilities as customers and connections to more than 500 payers.[3]

Products

Current products developed by Recondo include:

  • Auth-DP™ (Authorization-Denial Prevention Application)
  • SurePayHealth® (Patient Financial Responsibility at Point of Service)
  • MySurePayHealth (Pricing Transparency for patients)
  • EligibilityPlus® (Patient Insurance Benefits)
  • EBO Claims Workflow (Automated Claim Status from Payer)
  • RegQA™ (Registration Quality Assurance)
  • Recondo Electronic Claims Management
  • Recondo Financial Medical Record®
  • Tech-Enabled Services
  • Denial Reporting™
  • Financial Assistance (determine a patient's likelihood to qualify for charity and Medicaid)
  • ZPay™ cashiering
  • AuthNet®

Services

Current services offered by Recondo include:

  • Revenue Cycle Services
  • Integration Services
  • Empowered Business Office

Acquisitions

In February 2012, Recondo acquired Trilogi, Inc., a revenue cycle management and recovery firm.[4]

In December 2012, Recondo acquired eHC Solutions, a developer of advanced, Intelligent Electronic Data Interchange (EDI) solutions.[5]

Milestones

  • Recondo Technology Announces Record Quarter, Bookings Reach Record Levels for Fourth Quarter 2013 [6]
  • Denver Business Journal Names Recondo Technology the #1 Denver-area Software Developer – March 2014 [7]
  • Recondo Named by Healthcare Informatics (HCIT) to the Healthcare Informatics Top 100 US Healthcare IT Companies [8]
  • Denver Business Journal Names Recondo Technology the #1 Denver-area Software Developer – March 2013 [9]
  • Recondo Ranks Number Nine Fastest Growing Company on Deloitte's Technology Fast 500 – November 2012 [10]
  • Recondo named to Inc. 500 fastest-growing private companies the US – August 2012 [11]
  • Recondo Technology Included in the Modern Healthcare "40 Hottest Companies in Healthcare 2013" [12] Recondo Technology Ranked #1 [13]
  • Recondo named the #1 fastest-growing Colorado company with revenues between $18.2 million and $44.9 million by Denver Business Journal [14]
  • Recondo Technology Achieves SSAE 16 Certification For Controls Design and Operations[15]
  • Recondo Technology Ranked Number 67 Fastest Growing Company in North America on Deloitte's 2013 Technology Fast 500™ [16]
  • Healthcare Industry Veteran Lori Prestesater Joins Recondo Technology as Chief Growth Officer[17]
  • Recondo Technology Achieves HFMA Peer Review Designation[18]
  • Recondo Technology and UPMC's Prodigo Revenue Cycle Services Announce General Availability of Empowered Business Office (EBO)[19]

References

  1. ^ "Recondo Technology Company Profile". Retrieved 23 September 2013.
  2. ^ "Recondo Technology Contact Page". Retrieved 23 September 2013.
  3. ^ "Recondo Technology Company Profile". Retrieved 25 March 2014.
  4. ^ "Recondo Technology Announces Acquisition of Trilogi, Inc". The Business Journals, February 7, 2012.
  5. ^ "Recondo Technology Announces Claims Clearing Through Intelligent Electronic Data Interchange (EDI)". MarketWatch.com, December 17, 2012.
  6. ^ "Recondo Technology Announces Record Quarter, Bookings Reach Record Levels for Fourth Quarter 2013". (PRNewswire, March 19, 2014)
  7. ^ "Denver Business Journal Names Recondo Technology the #1 Denver-area Software Developer – March 2014". (Denver Business Journal, March 14, 2014)
  8. ^ "2013 Healthcare Informatics 100 Company Profile".
  9. ^ "Denver Business Journal Names Recondo Technology a Top Software Developer".
  10. ^ "The Deloitte Technology Fast 500 Winners Announcement".
  11. ^ "Inc. Company Profile of Recondo Technology".
  12. ^ "Healthcare's Hottest for 2013; 40 of the healthcare industry's fastest growing companies".
  13. ^ "Healthcare's Hottest for 2013—40 of the healthcare industry's fastest-growing companies (Text List)".
  14. ^ "Recondo helps hospitals heal accounts (Flight II - No. 1)". (Denver Business Journal, October 22, 2013)
  15. ^ "Recondo Technology Achieves SSAE 16 Certification For Controls Design and Operations". (October 29, 2013)
  16. ^ "Recondo Technology Ranked Number 67 Fastest Growing Company in North America on Deloitte's 2013 Technology Fast 500(TM)". (DenverPost.com, November 13, 2013)
  17. ^ "Healthcare Industry Veteran Lori Prestesater Joins Recondo Technology as Chief Growth Officer". (HIMSS, November 18, 2013)
  18. ^ "Recondo Technology Achieves HFMA Peer Review Designation". (HealthcareIT Marketplace, January 23, 2014)
  19. ^ "Recondo Technology and UPMC's Prodigo Revenue Cycle Services Announce General Availability of Empowered Business Office (EBO)". (PRNewswire via Yahoo Finance, February 4, 2014)

External links