Tuesday, December 5, 2017

RJD Green Inc. (RJDG) Payment Applications Build on Health Care Industry Trends

  • Report predicts 20 percent of back office payment shifting to BPaaS by 2021
  • Company has eight new health care services contracts rolling out in early 2018
  • IOSOFT applications are compliant with integration requirements for firms such as Blue Cross, Aetna and CIGNA
Health care industries are experiencing a growing push to streamline services and increase their transparency with patients (http://nnw.fm/6nR0q) amid continued volatility in health care and insurance industry politics (http://nnw.fm/29mAl). RJD Green, Inc. (OTC: RJDG) is among a variety of enterprises providing smart-business solutions to help meet the digital needs of tomorrow’s industries.
RJD Green is a holding company focused on acquiring and managing businesses with proven revenue track records. It has subsidiaries in environmental services and specialty construction, as well as the health care services industry.
RJDG’s IOSOFT Inc. is providing discrete payment applications through software and services being incorporated into health care provider networks, enabling hospitals, individual providers and health care payers to work together more seamlessly. IOSOFT software applications are being integrated by third party administrators and other medical services providers nationally.
“From ongoing negotiations that are occurring now, we expect to see more accelerated monthly contracts procured in the first calendar quarter of 2018,” IoSoft President Vincent Valentine stated in a September news release.
The company has eight health care services contracts that it expects to launch during the first quarter of 2018. It is anticipating revenue of $9.6 million over the course of the year.
A November IDC Health Insights report titled ‘Worldwide Health Industry 2018 Predictions’ forecasts that, by 2021, 20 percent of commercial payer back office operations will have been shifted to cloud outsourcing contracts (BPaaS) in order to meet overwhelming data management requirements (http://nnw.fm/J6w2n). The report also predicts that digital tracking of assets and inventory through Internet of Things network-enabled hospital systems will have doubled worldwide by 2020 as part of the trend.
In addition to RJD Green’s positioning for health care industry advances, the company owns its Earthlinc Environmental Services Division, which furthers technologies and services in green industries, as well as its Silex Holdings Division, a manufacturing company that fills a market niche between home improvement retailers and local contractors with specialties in granite counter tops, cabinets and related products. Silex has forecast revenue and profit growth of 50 percent in 2018.
For more information, visit the company’s website at www.RJDGreen.com
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