US-based Fazzi Healthcare Services has established a new Irish based coding and healthcare services company in Limerick creating 300 jobs over five years it was announced today.
Founded in 1978, parent company Fazzi Associates is headquartered in Northampton, Massachusetts. They specialize in medical coding, a regulated process in the transformation of healthcare diagnoses, treatments, procedures, outcomes and services into universal medical alphanumeric codes known as ICD.
It is the international standard used for health information purposes in primary, secondary, tertiary and public health settings. The process is defined by the International Classification of Diseases (ICD) and overseen by the World Health Organisation (WHO).
The new Irish company has already begun providing ICD-10 coding services to the US homecare and hospice sector. Additionally, expansion plans are in the works to add billing and distance learning offerings for International-based insurance companies and governmental healthcare entities.
Furthermore, the company also operates in the areas of consulting, education, benchmarking and research. It operates through two additional sites in India.
Speaking today, Minister for Finance, Michael Noonan said, "It’s great to see Fazzi Healthcare Services grow their presence in Limerick which is proud to be host to such an innovative company that combines healthcare and software. There will be many more opportunities now to join this company which places great value in its employees."
Source: www.businessworld.ie