For Immediate Release: March 5, 2017

ANKOTA AND FHS PARTNER TO DELIVER INTEGRATED HOME CARE MANAGEMENT PLATFORM

Strategic Partnership Will Streamline Agency Management, Billing and Revenue Cycle Processes, Enabling Agencies to Achieve Improved Operational Efficiencies

Boston, MA – May 3, 2017 – FHS SeniorCare Payment Solutions® and Ankota® announced today their partnership that will integrate FHS’ third party billing solutions with Ankota’s home care agency management Software-as-a-Service platform. The integration will deliver a complete, end-to-end solution for agency management, billing and revenue cycle to the private duty home care market.

Ankota—an innovative home care management software solution provider—and FHS—an industry-leading revenue cycle management company— believe that home care providers are better served when their needs for agency management, billing and revenue cycle solutions are seamlessly integrated. FHS’ and Ankota’s missions are aligned with the common goal of simplifying front and back office processes so that home care agencies can be more efficient and profitable.

Ankota enables Next Generation Home Care Management and enables agencies to delivery care efficiently but also with the compliance and transparency that is being mandated throughout the industry. The solution delivers robust functionality including: online client intake, scheduling, care plans, caregiver tracking via telephony and mobile/GPS, point-of-care documentation, a family mobile application, care transitions and remote patient monitoring.

The integration gives agencies access to FHS’ network of more than 300 third party payers and to FHS’ billing expertise. This tightly integrated solution will help agencies to streamline billing with long-term care insurance, Veterans Administration, workers’ compensation and additional payers, as well as to increase cash collection rates and reduce accounts receivable days outstanding.

“We are excited to partner with FHS and incorporate their robust revenue cycle management capabilities with our next generation home care management platform.  This is another example of how Ankota seeks to open new opportunities for our customers to attract new referral sources, enhance their revenue stream and increase their efficiency,” said Ken Accardi, CEO, Ankota.

With the influx of clients with third party benefits entering the home care market, agencies need a trusted partner that can help manage the complex revenue cycle. FHS delivers third party billing solutions to help agencies add new revenue streams, diversify their payer mix and decrease their time to collect cash. FHS is the only company with 30 years’ experience billing more than 300 non-medical third party payers including: long-term care insurance, the Veterans Administration, Medicaid Waiver programs, workers’ compensation, non-profit organizations and more.

“Private duty home care has expanded beyond just a private pay business, which has increased the administrative complexity for agencies trying to manage billing rules and accounts receivable with multiple entities,” says Matt Capell, chief executive officer of FHS. “Our partnership with Ankota provides an end-to-end solution that enables agencies to operate more efficiently, optimize revenue and focus on delivering quality care.”

About FHS

FHS SeniorCare Payment Solutions® provides revenue cycle management solutions to the non-medical, long-term care industry. FHS offers a robust portfolio of services that streamline revenue collection and simplify financial operations including: third party eligibility, claims processing, payment processing and collections. FHS provides financial advocacy to care recipients, helps them understand third party benefits and other payment options, collects from responsible parties and remits cash to long-term care providers.  FHS is the only company with 30 years’ experience billing more than 300 non-medical third party payers including: long-term care insurance, the Veterans Administration, Medicaid Waiver programs, workers’ compensation, non-profit organizations and more. Since its founding in 1987, FHS has helped hundreds of long-term care providers manage their accounts receivable and more than 10,000 clients pay for care. Visit FHS at http://www.fhsbillings.com/.

About Ankota

Ankota™ enables the next generation of home care, understanding the rapid growth of the elderly population and the shifts to managed care and population health. The highly customizable software offers full home care agency and Electronic Visit Verification (EVV) management including telephony, GPS, fixed number generator fobs, biometric authentication and verification schema. It manages people, payers and programs via configurable business rule sets and supports optimized delivery of care in homes, readmission reduction, individualized plans of care and cost controls. Sophisticated scheduling algorithms support managing non-skilled and professional workers in post-acute markets that include AAA’s, Medicaid, DME, therapy staffing, infusion and phlebotomy.  Foresight Care™, an innovative remote patient monitoring service and patient engagement platform, helps avoid hospital readmissions at the lowest possible cost. Visit Ankota at http://www.ankota.com/.

Contact:

Emily Hackman

FHS SeniorCare Payment Solutions

Emily@FHSBillings.com

Ph: (484) 301-2804

325 Sentry Parkway

Building 5 East, Suite 160

Blue Bell, PA 19422

For Immediate Release: March 13, 2017

Contact: Burgess Harrison- (651) 245-5552 burgess.harrison@ankota.com 

ANKOTA APPOINTS DAVID S. COLE AS COO AND EXPANDS LEADERSHIP TEAM

DAVID COLE – CHIEF OPERATING OFFICER

BURGESS HARRISON – VICE PRESDENT MARKETING & SALES

HAMILTON TEMPLE – REGIONAL SALES DIRECTOR

Boston, MA – Due to increased growth, the leader in next-generation home care management software, announces expanded management team. David S. Cole joins as Chief Operating Officer responsible for company operations, product development and customer satisfaction. Burgess A. Harrison will serve as Vice President Marketing & Sales. Hamilton G. Temple joins as Regional Sales Director.

Cole brings an extensive management, healthcare, telehealth, business development and customer support background to Ankota. Chief Operating Officer. Cole is a seasoned veteran of the home care industry with over 25 years of experience. A certified Chronic Care Professional, David is one of the original pioneers in the use of telephony within the homecare industry. David co-founded StatChek, Inc., which was later acquired by Computer Outsourcing Services, Inc. (NASDAQ: COSI), today a part of Wi-Pro (NYSE:WIT). Cole was a part of the startup team at AccentCare, Inc., that now has over 150 offices, has founded and managed homecare agencies and served as the Medicare administrator for Interim Healthcare of Atlanta, Georgia. He is also one of the principal developers of a novel model for post-discharge patient management that has proven to achieve the triple aim of lowering costs while improving outcomes and patient satisfaction.

Harrison is a seasoned marketing, advertising and sales executive with extensive in telehealth, communications, technology marketing and sales. A pioneer in electronic visit verification (EVV) and telephony, Burgess has spoken at National Association for Homecare. Most recently he cofounded Triple Aim Technologies, the leader in remote patient monitoring with its Multi-Morbidity Engine™ technology for the post-acute care market. Previously Harrison led marketing efforts at American TeleCare and StatChek and the healthcare division of InfoCrossing (now WiPro). He also is a member of the board of directors of the 109-retail store chain, Tradehome Shoes.

Temple, most recently with Savii Care, brings 20+ years of sales and marketing experience in high tech and enterprise software with the last 9 years being exclusive to the post-acute technology space having worked with providers of home health, home care, DME and Infusion. Hamilton is committed to providing unparalleled customer focus, true teamwork, leadership, delivering sales performance and increasing value for the company and its customers.

“The addition of these three experienced leaders will accelerate the growth of Ankota exponentially in the coming months,” said Ken Accardi, CEO. Next-Gen Homecare software is easily customizable, spans telephony, GPS, FOBs, biometric authentication and verification schema, manages people, payers and programs via configurable business rule sets; supports optimized visits/delivery of care in homes and various patient settings and enables the reduction of readmissions through individualized plans of care (ICP) and at the lowest cost manner possible; features sophisticated scheduling algorithms that give agencies unprecedented flexibility and control over non-skilled and professionals and supports various post-acute markets like AAA’s, Medicaid, DME, Therapy staffing, infusion and phlebotomy. “Delivering on your promise of next generation home care software, I couldn’t think of any other people that embody that mission more than David, Burgess and Hamilton, continued Accardi.”

About Ankota

Ankota™ is a revolutionizing the post-acute care industry with its customizable and adaptive next-generation home care management Software as a Service (SaaS) platform. Ankota helps Area Agencies on Aging (AAA’s) with sophisticated scheduling assessment—that is simple yet efficient, and compliance and case management tools in Medicaid and managed care environments. More broadly, Ankota solutions are used by home care, infusion, DME, therapy staffing, phlebotomy and other post-acute organizations with a need for Electronic Visit Verification (EVV), voice authentication, advanced scheduling, billing, payroll, Care Transitions and Intelligent Notifications. Foresight Care™, an innovative remote patient monitoring service and patient engagement platform that helps avoid hospital readmissions at the lowest possible cost and helps people age at home. www.ankota.com

ANKOTA ANNOUNCES STRATEGIC PARTNERSHIP WITH TRIPLE AIM TECHNOLOGIES

Lowest-cost highest-scale population health management application will be unveiled at the Aging2.0 #30in30in30 event in Cambridge on September 14^th.

Boston, MA, USA 9 September 2015 - Ankota announced today that it has established a strategic relationship with Triple Aim Technologies (www.tripleaimtech.com), a company that will offer the lowest-priced, most highly scalable population health management solution in the market.  Ankota CEO, Ken Accardi, will be the interim CEO of Triple Aim.

“My passion has been to help the elderly medically frail population avoid preventable hospitalizations,” explained Ken Accardi. “Ankota empowers care providers to do this, whereas Triple Aim interacts directly with patients to identify the early warning signs of a decline in their condition, enabling an inexpensive intervention that avoids trips to the emergency room.”

Triple Aim has two other founders who are not being announced at this time.  The Triple Aim product is presently in testing and pilots will begin in October.

Triple Aim Details will be unveiled at two Boston-based events in September

Aging2.0 #30in30in30 Event – September 14 6:00 PM at the Cambridge Innovation Center

Aging2.0® is a global innovation platform for aging and senior care. It is on a mission to accelerate innovation to improve the lives of older adults around the world. In order to promote innovation, they are holding 30 innovation events in 30 cities in 30 days.  Sign-up for the Boston (Cambridge) event is available here.   More information about #30in30in30 is available here.

Healthcare at Home Innovation Event – September 23 6:30 PM at MassChallenge

A leading expert on aging and home care, Bob Fazzi of Fazzi Associates made a bold pronouncement at a recent meeting of the National Association of Homecare and Hospice.  He explained that in order to provide better care at lower cost to our aging population that we need a 3^rd leg of our healthcare delivery system – Healthcare at Home.  His premise is that Healthcare at Home will need to become as important as Healthcare at the Hospital and Healthcare at the physician’s office.  This event, organized by the Health Innovators accelerator, brings together industry leaders and innovators driving the healthcare at home movement.  Click here to sign up for the event.

About Triple Aim Technologies

Triple Aim Technologies provides the lowest-cost most highly scalable solution for population health management, providing a lower cost alternative to telehealth and disease management solutions on the market today.  Learn more at http://www.tripleaimtech.com

About Ankota

Ankota provides advanced yet accessible, HIPAA-compliant software solutions for managing home care and care transitions.  We are dedicated to dramatically improving the quality, efficiency and coordination of care delivered at home.  We believe that the home care industry is a key foundation for health care reform.  Please learn more about Ankota’s software for private duty non-medical care and care transitions at http://www.ankota.com

Jeremy Hammel

Director of Marketing

jeremy.hammel@ankota.com

888-972-8190

ANKOTA RELEASES CARE TRANSITION SOFTWARE VERSION 2.0 AND WHITE PAPER ON SELLING CARE TRANSITION SERVICES

New Features and Customer Feedback result in improved offerings

Boston, MA, USA 30 July 2015 - Ankota announced today that it has released version 2.0 of its Care Transitions software.  Based on the experience of customers in home health, area agencies on aging, and home care.  Ankota additionally announces availability of its newest white paper Selling Care Transition Services to Hospitals that is available for free download from their website at www.ankota.com.

The new version of Ankota’s care transition software includes electronic referrals via the HL7 protocol or via an online portal and enhancements that allow care transition protocols to be fulfilled by a combination of nurses, aides, social workers and other transition coaches.

“There are numerous evidence-based and best-practice protocols for providing care transition services.  An Area Agency on Aging might do it very differently, for example, than a home care agency working with discharge nurses in a hospital,” explained Ankota Founder and CEO Ken Accardi.  “This compelled us to enhance our ability to model protocols and communicate with referral sources in different ways.” 

New White Paper Available on Selling Care Transition Services to Hospitals

Simultaneous with the new software, Ankota released a white paper that explains how providers of care transition services can sell those services to the hospitals who need them. “The hardest thing about deploying a care transition program is working out a cost and delivery model that is beneficial to all parties.  The new paper provides guidance on how organizations can collaborate on a solution that both improves care and lowers cost,” added Accardi.  “With CMS [the Committee for Medicare and Medicaid Services] shifting its reimbursement model to bundled payments, hospitals will soon be responsible for the costs of readmissions, making it imperative that they learn how to prevent them.”

About Ankota

Ankota provides advanced yet accessible, HIPAA-compliant software solutions for managing home care and care transitions.  We are dedicated to dramatically improving the quality, efficiency and coordination of care delivered at home.  Please learn more about Ankota’s software for private duty non-medical care and care transitions at http://www.ankota.com

Jeremy Hammel

Director of Marketing

jeremy.hammel@ankota.com

888-972-8190

Founder and original CTO takes over as Ankota CEO

Boston, MA, USA 18 June 2015 - Ankota announced today that it has appointed Ken Accardi as the new Chief Executive Officer.

Ken was an original founder of the company as CTO and led product management, product development, professional services and customer support operations. 

In January of 2014, Ken acquired the assets of the company from the other original co-founders and moved operations to Boston.  He was able to move the company to cash flow positive operations and to focus the company on two products: home care management software and care transitions.  In order to complete the necessary turnaround, Ken stabilized operations but needed to take on other positions outside of Ankota while putting the company on a growth path.  Ken is now working full-time with Ankota and refining its focus towards population health.

Focus on population health                              

“My vision has always been to shift the focus of health care from the hospital to ‘avoiding the hospital’,” explained Accardi.  “Seventy-five percent of health care spending is on the care of people with chronic diseases, which by definition can’t be cured.  While doctors and hospitals are great, the focus needs to be on avoiding preventable hospitalizations.”  Ken further explained that Ankota’s home care software is differentiated by enabling its customers to also manage transitions of care, and that the company will be making several announcements over the coming months about significant breakthroughs in avoiding hospitalizations.

About Ankota

Ankota provides advanced yet accessible, HIPAA-compliant software solutions for managing home care and care transitions.  We are dedicated to dramatically improving the quality, efficiency and coordination of care delivered at home.  We believe that the home care industry is a key foundation for health care reform.  Please learn more about Ankota’s software for private duty non-medical care and care transitions at http://www.ankota.com

Jeremy Hammel

Director of Marketing

jeremy.hammel@ankota.com

888-972-8190

ANKOTA Care Transitions Software system is a Home run for Hospitals, Home Agencies, and Patients

HIPAA-compliant solution provides keys for successful patient transition from hospital discharge through home care completion period

Boston, MA, USA 8 December 2014 - Ankota announced today that it has launched a care transitions software solution combatting patient readmission to treatment hospitals after discharge via successful transitional care management.  Aimed at home health, home care and geriatric care management agencies, Ankota’s Care Hub software manages the complexities of two-way HIPAA compliant communications between hospital and agency, patient scheduling and visitation tracking, standard form administration, and billing.  All software features are in accordance with the August 9th, 2013 issue from the Office of the Inspector General (OIG) of the US Department of Health and Human Services Advisory Opinion No. 13-101, authorizing hospitals to engage outside vendors to assist in avoiding preventable readmissions by managing care transitions and helping to insure that discharge plans are followed.

According to Kenneth Accardi, President & Founder of Ankota, the health benefits and market opportunity for transitional care is significant. "5% of U.S. patients spend 50% of the health care dollars in America," he said. "On top of that, hospitals that have higher than average readmission rates are subject to hefty penalty fees.  Ankota’s care transitions software enables home agencies to establish a package of services that helps hospitals avoid readmissions, sets the agency apart as an industry leader, and aligns the agency for new patient retention after transition period completion.  It’s a win-win-win.”

Minimizing care transition complexities

Ankota’s web-based portal for hospital referrals, as well as data entry and tracking capabilities, enables the complex coordination, data capture and communication necessary for a compliant care transition agency.  Beginning pre-discharge, Ankota simplifies patient intake, accepting referrals from hospitals electronically using HIPAA compliant software, assigning a nurse or non-medical patient liaison, and scheduling a series of visits and interventions.  These include an in-hospital visit prior to discharge, home visits after discharge and follow up phone calls through transition period.  During the transition care period, Ankota software facilitates the management of patient care plans, tracks progress and milestones including insuring that patients complete a follow up visit with their primary care physician, and reports updates back to hospitals.  Ankota also automates an agency’s billing, payroll and other business aspects needed for completion and proof of successful care transition management.  With Ankota, patient care remains an agency’s focus.

Better patient care helps everyone

Successful management of health care transitions has been clearly recognized as a way to improve healthcare in the U.S.  When managed correctly, everyone wins - from hospitals avoiding readmissions and penalty fees, to home agency’s winning business that may go beyond transition, to patients who often experience better outcomes.  Ankota can help accelerate an agency to market leader status, with fast transition software implementation and low start-up costs, giving them an advantage when doctors and hospitals come looking for transition care service providers.   

According to Accardi, patient transition from hospital to home is the most sought-after care transition service.  "Every day that an individual is at home surrounded by the people and things they love, their quality of life is better and their health care costs are lower.  At Ankota, we built our software with optimization capabilities to help care providers focus their attention on patients and reduce avoidable hospitalizations.  Not only can we make a difference for hospitals, home agencies and patients, we can help reform heath care which can save hundreds of billions of dollars.”

About Ankota

Ankota provides advanced yet accessible, HIPAA-compliant software solutions for managing home care and care transitions.  We are dedicated to dramatically improving the quality, efficiency and coordination of care delivered at home.  We believe that the home care industry is a key foundation for health care reform (which we simply define as Better Care at Lower Cost).  Please learn more about Ankota’s software for private duty non-medical care and care transitions at http://www.ankota.com

For information on Care Transitions, please contact Ankota directly.

Amy Accardi

Director of Strategic Marketing and Customer Relations

amy.accardi@ankota.com