Private Equity Investment in ICD-10 Solutions and Vocabulary Services Firm

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Private Equity Investment in ICD-10 Solutions and Vocabulary Services Firm

NEWPORT BEACH, CA – October 5, 2010 No World Borders, Inc, a leading healthcare management and IT consulting company closed its second private equity investment round led by Palos Verdes Venture Partners (PVVP) based in Los Angeles, CA.

No World Borders’ solutions will help enable hospitals and health systems, payors and software vendors to meet the October 1, 2013 deadline for conversion to ICD-10, the new medical coding standard, as required by the Centers for Medicare and Medicaid Services (CMS).   In addition, the solutions help health care companies determine the financial impact of ICD-10.

For the complete press release, click here.

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About the Author:

Michael is Managing Partner & CEO of No World Borders, a leading health care management and IT consulting firm. He leads a team that provides Cybersecurity best practices for healthcare clients, ICD-10 Consulting, Meaningful Use of Electronic Health Records. He advises legal teams as an expert witness in HIPAA Privacy and Security, medical coding and billing and usual and customary cost of care, the Affordable Care Act and benefits enrollment, white collar crime, False Claims Act, Anti-Kickback, Stark Law, Insurance Fraud, payor-provider disputes, and consults to venture capital and private equity firms on mHealth, Cloud Computing in Healthcare, and Software as a Service. He advises self-insured employers on cost of care and regulations. Arrigo was recently retained by the U.S. Department of Justice (DOJ) regarding a significant false claims act investigation. He has provided opinions on over $1 billion in health care claims and due diligence on over $4 billion in healthcare mergers and acquisitions. Education: UC Irvine - Economics and Computer Science, University of Southern California - Business, Stanford Medical School - Biomedical Informatics, Harvard Law School - Bioethics.
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