Anyone know what's going on here? Business model looks good.
On July 15, 2015, the Company closed the acquisition of the assets of Omega Technology Solutions LLC., of Fort Lauderdale, Florida.
Omega has led the revenue cycle industry in charge capture audit and recovery services for hospitals since 1992. Omega has made a significant investment in revenue integrity analytics technology that is the foundation for its delivery of revenue services and cloud products that identify revenue opportunities and address compliance issues. Omega’s solutions deliver real-time analysis and capture of
unidentified charges not captured by the hospital, and prevention of charging and billing issues that reduce or delay reimbursement.
Additional services offered include comprehensive claims analysis for coding integrity, and revenue leakage prevention. Omega has over 45 well developed, long term relationships with hospitals on the east coast of the United States and has recovered over US$180 million in aggregate since its incorporation 20 years ago. Omega has over 25 employees engaged in the revenue cycle process, and 47 hospitals currently under contract.
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