ARC Document Solutions | Top Healthcare Compliance Solution Company 2018
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ARC Document Solutions [NYSE: ARC]: Mobile Innovation: A Smooth Sail through Compliance

Jake Young, National Director - Facility Solutions, ARC Document SolutionsJake Young, National Director - Facility Solutions, ARC Document Solutions
To thrive in today’s dynamic healthcare environment, medical institutions—ranging from big hospitals to small clinics—need to adhere to ever-growing compliance standards and codes established by the Federal government. Tracking environment of care and life safety standards and the associated documentation is a monumental task filled with risk. Adding to that, the reliance on paper-based workflows for self-testing, self-reporting, and preparation for the government audits aggravates the overall complexity of managing years of documentation. “When the responsibility to handle facility compliance is delegated to the facilities team in addition to their daily routines, it takes their workload to a completely new level,” says Carlo Agnello, Director, Central Region, ARC Technology Solutions, a unit of ARC Document Solutions. To alleviate the compliance pressure on the medical staff and ensure operational efficiencies, ARC offers a touch-based solution—ARC Compliance— that helps healthcare organizations manage every type of building and operations documentation to be audit-ready through mobility and efficiency.

Backed by years of experience in facilities documentation, ARC provides a customized solution that fits within the boundaries of healthcare environments. One of the four mobile dashboards ARC offers is the ARC Compliance, specifically tailored for healthcare organizations. “While onboarding a client, ARC Compliance ingests an organization’s compliance documents and structures them in a way that can be easily deciphered,” explains Jake Young, National Director, Facility Solutions, ARC. The company’s platform acts as the central repository for the healthcare organization’s content, which provides safeguard for future audit purposes.


When facilities teams partner with ARC, their use of a modern facilities technology platform and access to our expert domain knowledge raises the level of compliance they can achieve at their facility

Designed to make healthcare facilities compliance easier, the solution transforms the client’s unstructured data into a format that is searchable, collaborative, and easy-to-use. This allows the client’s organization to extract the exact information from historical data required by auditors. Each ARC platform displays different types of information about the premises including as-builts, equipment maps and locations, emergency plans and protocols, shut-off valves, and compliance documentation. In addition to their expertise in compliance management, ARC also helps clients in following industry best practices for success in passing their next audit.

Agnello explains how a significant portion of the revenue of a hospital comes from (Medicare and Medicaid) reimbursement payments from the Federal government. For these medical institutions, ARC ensures a structured environment wherein all the audit reports that are generated can be easily accessed and shared. Each mobile dashboard operates via a cloud app that runs on iOS and Android and provides easy access to the organizational information from a client’s device, both online and offline. In a nutshell, the company empowers clients with access to critical information anytime, anywhere, and on any device.

ARC has established an international presence with 190 locations worldwide. The company’s solution is also utilized by other compliance-centered industries such as manufacturing as it can be modified for any kind of scenario that requires compliance adherence. To stay abreast of the latest trends, ARC’s R&D team is on a constant search for identifying the new problems faced by clients and solves those complications through system updates. “When facilities teams partner with ARC, their use of a modern facilities technology platform and access to our expert domain knowledge raises the level of compliance they can achieve at their facility,” concludes Young.

Top 10 Healthcare Compliance Solution Companies - 2018

Company
ARC Document Solutions

Management
Jake Young, National Director - Facility Solutions, Carlo Agnello, Director, Central Region , ARC Document Solutions

Description
ARC Compliance provides instant access to critical facilities information needed by healthcare organizations–anytime, anywhere, from any device

ARC Document Solutions News

With 43% stake, ARC Document Solutions, Inc. (NYSE:ARC) seems to have captured institutional investors' interest

Key Insights:
• The significant institutional ownership indicates that ARC Document Solutions' stock price can be influenced by their trading activities.
• The top 15 shareholders collectively hold 50% of the company's shares.
• Insiders hold a 16% stake in ARC Document Solutions.
An examination of ARC Document Solutions, Inc.'s (NYSE: ARC) shareholders can provide insights into which group wields the most influence. The largest shareholder group, holding approximately 43% of the company's shares, consists of institutions. In other words, they have the greatest potential for upside (or downside) impact on the stock.
Institutions often use benchmarks that mirror the local market to evaluate their performance. Consequently, they tend to focus more on companies included in major indices. As evident, institutional investors have a substantial stake in ARC Document Solutions, indicating that analysts working for these institutions have conducted assessments and favor the company. However, like any other investor, they can also be mistaken. It's worth noting that a significant drop in share price can occur if two large institutional investors attempt to sell off their holdings simultaneously. Therefore, it's essential to consider ARC Document Solutions' historical earnings trajectory and other relevant factors.
Our data reveals that hedge funds own 6.4% of ARC Document Solutions. This is noteworthy because hedge funds are typically active investors who may seek to influence management decisions. Many of them aim for short-term or medium-term value creation and a higher share price. CEO Kumarakulasingam Suriyakumar holds a 10% stake, making him the largest shareholder. In comparison, the second and third largest shareholders hold approximately 6.4% and 4.5% of the company's stock, respectively.

ARC Document Solutions to Report Q3 Results on Nov 2, 2023; Dividend to be Paid on Nov 30

SAN RAMON, - ARC Document Solutions, Inc. (NYSE:ARC) today announced that it will hold a conference call to discuss its 2023 third quarter results on Thursday, November 2, 2023, at 2pm Pacific Time (5pm Eastern Time). The Company's press release outlining the quarter's performance will also be issued on the same day, prior to the conference call.
Important to mention, ARC's upcoming quarterly cash dividend of $0.05 per share will be distributed on November 30, 2023, to shareholders on record as of October 31, 2023.
For access to the live conference call presenting ARC's 2023 third-quarter results, please dial (888) 350-3870. International participants can join the call by dialing (646) 960-0308. You will need the conference code 6872020 to connect to the call.
Additionally, a live webcast of the conference will be accessible at: [Insert Webcast Link] or on the Company's investor relations website at [Insert Company's Investor Relations Website Link]. Following the call, a replay of the webcast will also be available on the website.