Accenture Named Leader by KLAS Research for ICD-10 Consulting Services for Healthcare Providers
CHICAGO; Feb. 05, 2015 – Accenture (NYSE:ACN) was named by KLAS Research as the category leader in consulting services for transitioning to ICD-10 diagnostic codes and standards. The 2014 Best in KLAS Awards rated Accenture as the top-performing vendor, with a score of 92.6, based on an industry ranking of 11 professional services firms.
Health organizations are required by a federal mandate to transition to a new set of diagnostic codes, called the International Classification of Diseases (ICD), which are used to classify medical procedures and diagnostic properties in records and reimbursement claims.
“Accenture is honored to receive recognition that conveys the success of our clients as they transition to ICD-10 and are positioned for growth in a new era,” said Kaveh Safavi M.D. J.D., global managing director for Accenture. “As doctors, hospitals and insurers transition to the ICD-10 standards, they’ll need to think beyond the conversion deadline and recognize its integral role to technology, such as revenue cycle management, as well as sustaining organizational performance.”
The 2014 Best in KLAS Awards, in its 16th year, ranked the best-performing software and services vendors in nearly 100 market segments based on ratings from nearly 20,000 healthcare provider interviews. Healthcare providers rate products and vendors across 25 categories, including product quality, contracting terms, implementation, staff, functionality, capabilities, support and overall satisfaction. KLAS calculates a vendor’s overall performance rating based on evaluations of client work conducted over the past 12 months.
“We are honored to be able to continue to work with talented healthcare providers to create the annual Best in KLAS report. Their feedback is beneficial as vendors strive for excellence,” said Adam Gale, CEO and president of KLAS Research.
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance.
Accenture is a global management consulting, technology services and outsourcing company, with more than 319,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$30.0 billion for the fiscal year ended Aug. 31, 2014. Its home page is www.accenture.com.
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