HHAeXchange, a McCarthy Capital Fund V investment, receives top recognition by Fierce Innovation Awards: Payer Edition

HHAeXchange Recognized for leadership in Fraud & Abuse Detection/Prevention Category; also takes “Best in Show” honors in “Fiercest Product/Service” Category

Long Island City, NY – Dec 16, 2016 – HHAeXchange announced that it has been recognized by this year’s Fierce Innovation Awards: Payer Edition, a unique awards program from the publishers of FierceHealthPayer and FierceHealthcare. HHAeXchange received top honors in the “Fraud & Abuse Detection/Prevention” category, as well as an overall award of “Best in Show: Fiercest Product/Service.”

The Fierce Innovation Awards recognize pioneering technologies and solutions that will catapult the health payer industry into exciting new realms. Finalists were chosen by a distinguished panel of executives from major health plans. A complete list of judges can be found at https://www.fierceinnovationawards.com/healthpayer/2015#our_judges.

All applications were evaluated based on the following criteria: technology innovation, financial impact/value, competitive advantage, member experience/member outcomes, market need, and overall fierceness and innovation. Finalists were selected based on calculation of the judges’ scores in each area.

HHAeXchange is being recognized for its innovative, industry-leading Payer Management Solution.

“We are pleased to hear the news of this prestigious recognition, as we are striving to change the game for Payers and home health agency providers by providing a ‘single source of truth’ for Payers supporting long term services and supports (LTSS) and home and community based services (HCBS),” says Greg Strobel, President. “This is a tribute to our dedicated team and their commitment to continually raise the bar on technology innovation. A big thanks to the publishers of FierceHealthPayer and FierceHealthcare for recognizing our solution and our contribution to Payers nationwide.”

About HHAeXchange
Founded in 2008 and headquartered in NY, HHAeXchange is one of the fastest growing technology companies solely focused on the home care market (30% growth y/y) thanks to being the first to commercially provide a shared case management platform to Medicaid Payers nationwide. Billing $2 billion of home care services annually (100,000 patients served, 150,000 concurrent subscribers and 130,000 careworkers using the system for time and attendance), the company’s comprehensive front and back-end workflow driven platform is designed for payers and home care providers seeking best-in-class functionality for referral and authorization management, caregiver/visit/plan of care compliance, electronic visit verification,, scheduling visibility, real-time communication/alerts/messaging, billing, payroll and business. Benefits include reduced fraud and abuse, improved patient outcomes, increased operational efficiencies, and improved compliance. For more information about HHAeXchange, please visit www.hhaexchange.com.

For original version and for more information about HHAeXchange Payer Management Solution (Professional) visit: https://www.hhaexchange.com/hhalogin/htmlpages/Press_Releases.html#aFierce