US company Fazzi Healthcare Services is to create 300 jobs in Limerick at a new coding and healthcare services operation.
Fazzi Healthcare, an Irish subsidiary of the US-based Fazzi Associates, will roll out the medical coding and healthcare services jobs over the next five years.
Medical coding is the regulated process of transforming healthcare diagnoses, treatments, procedures, outcomes and services into universal medical alphanumeric codes, known as International Classification of Diseases (ICD).
ICD is the international standard used for health information purposes in primary, secondary, tertiary and public health settings. The process is overseen by the World Health Organisation (WHO).
‘Our Irish employees are clearly smart, dedicated and incredibly talented’
– ROBERT FAZZI, MD, FAZZI ASSOCIATES
Most countries, including Ireland, use the ICD process. The majority use the current ICD-10, which contains codes for diseases, signs and symptoms, abnormal findings, complaints, social circumstances and external causes of injury or disease.
In an investment supported by the Department of Jobs and IDA Ireland, Fazzi Healthcare has already begun providing ICD-10 coding services to the US homecare and hospice sector.
This is the first medical coding investment to be made in Ireland.
“I am very keen to pursue opportunities for investment and job creation in new sectors. These are increasingly possible with our infrastructure and talented workforce, which enables companies like Fazzi to undertake work for customers in different parts of the world,” said Jobs Minister Mary Mitchell O’Connor, TD.
Mid-west’s growing healthcare cluster
Expansion plans are in the works at Fazzi Healthcare to add billing and distance learning offerings for international-based insurance companies and government healthcare entities.
“We are absolutely thrilled to be here in Limerick,” said founder and managing director Robert Fazzi.
“Our Irish employees are clearly smart, dedicated and incredibly talented. We are very thankful to the IDA and the Irish government for welcoming us and helping us to develop our business here. Without question, Ireland has proven to be a country strongly supportive to the creation of innovative and growth-oriented companies.”
IDA Ireland CEO Martin Shanahan pointed to the growing healthcare and medtech cluster in the mid-west.
“There is a growing number of healthcare services located here and Fazzi, as the first company to engage in medical coding services in Ireland, is a positive addition to the life sciences profile of the mid-west,” Shanahan said.
Fazzi Associates is headquartered in Northampton, Massachusetts. The company also operates in the areas of consulting, education, benchmarking and research. It operates through two additional sites in India.
Today’s announcement comes hot on the heels of the creation of €500m investment vehicle Limerick Twenty Thirty, which could bring as many as 5,000 extra jobs to the Limerick region.
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Limerick cityscape image via Shutterstock