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Navicure Adds Industry Veterans To Manage Accelerated Growth

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ATLANTA - (BUSINESS WIRE) - Navicure, a leading provider of automated, Web-based revenue cycle management (RCM) solutions for physician practices, today announced the appointment of two industry veterans to its leadership team. The appointments include David Bond as executive vice president of sales and Kernie Brashier as chief technology officer (CTO). The additions bring extensive experience to the leadership team as the company continues to see accelerated growth.

"We are honored to be adding these two highly regarded executives to the Navicure team," said Jim Denny, founder, president and CEO of Navicure. "The added experience and insight these additions will bring to our leadership team will be invaluable as we continue to manage the accelerated growth that Navicure is experiencing. The proven leadership and innovation of these two executives will help us continue our commitment to provide our customers with the highest level of service in the industry."

Bond, a 29-year veteran of the healthcare industry, will be responsible for overseeing Navicure's overall sales strategy, including the expansion of its inside and outside sales forces. Previously, Bond served as president and chief operating officer for A4 Health Systems. In this role, he grew the company to $75 million in revenue before it was purchased by Allscripts in 2006. After the acquisition, Bond served as president of Allscripts' HealthMatics Division where he was responsible for running the company's ambulatory business. Bond has also held leadership positions with Medic Computer Systems and Rock Solid Software, LLC.

Brashier joins Navicure with 22 years of technology experience. As CTO, he will oversee the development of Navicure's technology platform and will drive new IT innovations. Before joining Navicure, Brashier served as CEO for ISTA North America. During his tenure, he instituted a major automation effort that drove customer retention and reduced expenses by 16 percent. Prior to his time at ISTA North America, Brashier served as CTO for E-Tran where he was responsible for consolidating strategic acquisitions into a unified treasury management clearinghouse and developing a commercial trading platform serving institution banks.

About Navicure

Navicure is a leading Internet-based medical claims clearinghouse that helps physician practices increase profitability through improved claims reimbursement and staff productivity. Serving over 20,000 physicians in practices nationwide, Navicure's solutions automate account receivables processes, including primary and secondary claims reimbursement; patient eligibility verification; rejected and denied claims management; electronic remittance and posting; claims and remittance reporting and analysis; and patient statement processing. Navicure's solution is supported by its unique 3-Ring Client Service. Navicure has ranked among the fastest growing companies nationally in the 2007, 2008 and 2009 Deloitte Fast 500 rankings, and 2008 and 2009 Inc. 5000. For more information, please visit www.navicure.com.

For Navicure
Dodge Communications
Brian Parrish, 770-576-2544
bparrish@dodgecommunications.com



 
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