To support their continued growth, MediRevv, a healthcare revenue cycle management company, today announced plans to move into a new $2.4 million, 18,000 square foot facility in Coralville, Iowa, the location of their existing facility. The new facility is expected to be completed by September 2012, when it will become the new home for MediRevv’s 80 current employees and will have the capacity for 200 employees as part of their growth strategy. MediRevv hosted a construction milestone ceremony to commemorate this symbol of growth for the company.
“Now more than ever, healthcare organizations are looking to optimize their revenue cycle with the increasing challenges they face that puts a strain on their cash flow,” says Christopher Klitgaard, president of MediRevv. “This new facility supports our growth objectives and enables us to better meet and exceed our clients’ financial needs. We are proud of the progress we’ve made, and it’s a testament to having the most highly educated Account Receivables Specialists in the industry and to our commitment to excellence that has allowed us to go against national trends and grow significantly in such a short period of time.”
Named the fastest-growing company by the Corridor Business Journal on their “2011 Fastest Growing Companies” list, MediRevv has experienced rapid growth since their inception in 2007. MediRevv also made the list of Modern Healthcare’s Best Places to Work in Healthcare in 2011.
Joe Raso, President of the Iowa City Area Development Group (ICAD), acknowledges the company has come a long way since beginning in a small office with six employees in 2007. “MediRevv is one of the fastest growing companies in our region and we congratulate them on this milestone,” said Raso. “ICAD Group has been fortunate to work with MediRevv since the beginning and we look forward to helping them become one of the top employers here in Iowa’s Creative Corridor.”