HRS
- Company typePrivate
- Founded1979
- HeadquartersPikesville, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
HRS firmographics
Firmographics- Name
- HRS
- Legal name
- HRS, Inc.
- Website
- https://hrscoding.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
HRS industry classification
Industry- Product category
- Healthcare Revenue Cycle Management Services
- SIC
- Services-Management Consulting Services (8742), Services-Health Services (8000)
- akta.pro primary industry
- Nursing, Clinical Notes & Documentation Workflow Tools (HLACAAAG)
Keywords
Where HRS is headquartered
LocationHeadquarters
- HQ city
- Pikesville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
HRS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Professional Services - Coding: HRS provides remote medical coding services to healthcare organizations including inpatient, outpatient, ED, ambulatory surgery, and professional fee coding. Coders are certified (AHIMA/AAPC) with extensive experience, working remotely to serve client facilities.
- Auditing Services: Comprehensive auditing programs including retrospective audits, pre-bill audits, coding validation, DRG validation, clinical validation, and RADV audits to ensure coding accuracy and compliance.
- Consulting Services: Expert consulting including clinical documentation integrity, training and education, operational assistance, risk adjustment, chargemaster review, interim leadership, HIM workflow integrations, denials management, and EMR system assessment.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
HRS product offering
Product offeringCore offering
HRS provides remote medical coding, coding quality auditing, and health information management consulting services to U.S. hospitals and health systems. Services are delivered by AHIMA- and AAPC-credentialed coders who integrate directly into client EMR systems and workflows, covering inpatient, outpatient, emergency department, ambulatory surgery, observation, and professional fee coding, alongside DRG and clinical validation audits and clinical documentation integrity consulting.
Product overview
HRS is a healthcare revenue cycle management company offering a comprehensive suite of three integrated service pillars: remote coding (inpatient, outpatient, emergency department, ambulatory surgery, observation, and professional fee coding), auditing (retrospective audits, pre-bill audits, coding validation, DRG validation, clinical validation, and RADV), and consulting (clinical documentation integrity, training and education, operational assistance, risk adjustment, chargemaster review, interim HIM leadership, HIM workflow integrations, denials management, and EMR system assessment). The company also provides educational resources including white papers, presentations, and articles on coding quality, ICD-10 compliance, and revenue cycle best practices. All services are delivered by certified coders with AHIMA and AAPC credentials, with over 45 years of industry experience since founding in 1979.
Differentiator
Problem solved
Functional benefit
Products and services
- Remote Coding Services Remote medical coding services delivered by certified coders, covering inpatient, outpatient, emergency department, ambulatory surgery, observation, and professional fee coding for hospitals and health systems.
- Coding Validation Audits Comprehensive auditing programs including retrospective audits, pre-bill audits, DRG validation, clinical validation, and RADV audits to ensure coding accuracy and financial integrity.
- Clinical Documentation Integrity (CDI) Consulting services ensuring accurate, compliant, and complete clinical documentation to enhance patient care, coding accuracy, and appropriate reimbursement.
- Denials Management Expert analysis, root cause identification, and corrective action planning to reduce claim denials and recover lost revenue.
- Risk Adjustment Services Enhancement of coding accuracy and risk score optimization to ensure proper reimbursement and compliance with value-based care models.
- Chargemaster Review Comprehensive review of facility chargemaster and pricing strategies to identify revenue opportunities and ensure compliance.
- EMR System Assessment Evaluation of EMR system efficiency by identifying gaps, improving integration, and ensuring seamless data flow for accurate coding and billing.
- Training & Education Expert-led training programs on evolving coding regulations, compliance standards, and industry best practices for healthcare teams.
- Interim HIM Leadership Experienced HIM leaders providing strategic guidance and support to maintain continuity and excellence in health information management operations.
- HIM Workflow Integrations Tailored solutions aligning technology, processes, and industry best practices to streamline and modernize health information management workflows.
- Operational Assistance Customized solutions optimizing health information management processes to improve efficiency and revenue integrity.
Quantifiable outcome
- 26% increase in interventional revenue at Guthrie Hospital
- +2 more outcomes
Companies that use HRS
Customer profileNamed customers5 records
Segments8 records
Ideal customer profiles2 records
HRS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
HRS partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
HRS competitors and assessment
Company assessmentDirect peers
- Aviacode (now part of CorroHealth): Specialized medical coding services firm serving hospitals and physician practices with remote coding and CDI offerings. Directly comparable to HRS as a coding-specialist outsourcing firm.
- AGS Health: Healthcare RCM services firm providing medical coding, auditing, and revenue cycle support to hospitals and physician practices. Comparable to HRS in service mix, target customers, and delivery model.
- CIOX Health (now part of Datavant): Health information management and release-of-information services provider serving hospitals and health systems. Comparable to HRS in healthcare information services focus and hospital customer base.
- Omega Healthcare: Healthcare RCM services company offering coding, billing, and clinical documentation services to healthcare organizations. Directly comparable to HRS as a coding-focused outsourcing firm serving enterprise healthcare clients.
- GeBBS Healthcare Solutions: Healthcare RCM and HIM outsourcing firm providing medical coding, auditing, and CDI services to hospitals and health systems. Comparable to HRS in core service offerings and customer base.
- nThrive (now part of AKASA): Healthcare revenue cycle management services and technology firm offering outsourced coding, auditing, and consulting. Directly comparable to HRS as a specialist HIM/RCM outsourcing provider serving hospitals and health systems.
Broad incumbents
- R1 RCM: Large healthcare RCM technology and services vendor serving hospitals and physician groups. Comparable to HRS in coding services but with a much broader, technology-enabled platform and enterprise customer base.
- Conifer Health Solutions: Healthcare RCM services subsidiary offering end-to-end revenue cycle, coding, and consulting to hospitals and health systems. Comparable to HRS as a coding services provider but operating at much larger scale as part of Tenet Healthcare.
- Optum (UnitedHealth Group): Largest healthcare services and RCM platform in the US, offering bundled coding, billing, and population health services to hospitals and payers. Comparable to HRS in coding services but at vastly larger scale and with broader portfolio.
Emerging players
- Streamline Health: Healthcare technology and services company offering RCM and HIM solutions including coding audit and documentation improvement tools. Comparable to HRS in CDI focus, though more technology-product oriented than service-delivery oriented.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
HRS social profiles
Digital presenceHRS financial estimates
Financial estimateRevenue estimate
Valuation estimate
HRS leadership team
Management profileNumber of profiles
Profiles11 records
HRS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HRS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HRS
What does HRS do?
HRS provides remote medical coding, coding quality auditing, and health information management consulting services to U.S. hospitals and health systems. Services are delivered by AHIMA- and AAPC-credentialed coders who integrate directly into client EMR systems and workflows, covering inpatient, outpatient, emergency department, ambulatory surgery, observation, and professional fee coding, alongside DRG and clinical validation audits and clinical documentation integrity consulting.
Is HRS a public or private company?
HRS is a private company. It is classified as family owned and is currently operating.
When was HRS founded?
HRS was founded in 1979. It employs 101 to 250 people.
Where is HRS based?
HRS is headquartered in Pikesville, United States, in the North America region.
How does HRS make money?
Three revenue lines are on record. Professional Services - Coding is the primary driver. The others are auditing Services and consulting Services.
Who are HRS's main competitors?
Direct peers on record are Aviacode (now part of CorroHealth), AGS Health, CIOX Health (now part of Datavant), Omega Healthcare, GeBBS Healthcare Solutions and nThrive (now part of AKASA). Broad incumbents are R1 RCM, Conifer Health Solutions and Optum (UnitedHealth Group). Streamline Health is listed as an emerging player.
Does HRS have an API?
No public API is recorded for HRS.
What industry is HRS in?
HRS's product category is Healthcare Revenue Cycle Management Services. Its primary akta.pro industry code is HLACAAAG, Nursing, Clinical Notes & Documentation Workflow Tools. Its SIC code is 8742.