Revenue Cycle Management
Financial Healthcare Services, Inc. provides a unique approach for Revenue Cycle management within the healthcare community. Our focus combines technological innovations with long term experience. Explore our services below to assist you in increasing your financial performance and enhancing the overall patient experience within your facility.
We Specialize In All Areas Of Accounts Receivable Management
Discover how we excel in every aspect of Accounts Receivable Management, ensuring seamless financial operations and maximized revenue for your organization.
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Self-Pay Follow-Up
- Acceptance of placements through Secure FTP Sites.
- Customizable approach to implemented processes
- Multiple Patient Contact Methods.
- All Forms of Payment Accepted
Medicaid Eligibility
We provide assistance to your uninsured and underinsured patients throughout the entire application process to get them qualified for medicaid. This includes direct one on one contact with the appropriate state agencies to ensure a successful resolution.
- On-site/Remote Staff
- Access to all 50 States Medicaid Data Bases
- System driven time parameters
- Local, State, and Federal Programs
- Primary, or Secondary position, depending on facility needs
3rd Party Claim Resolution
- Age or Balance Driven
- Claims processed through the client’s CRM/clearinghouse
- Hourly or Contingency Based Pricing
- Client Control of the Project
Automated Financial Assistance Program
As hospital’s look to be more efficient in their processes, automating their Financial Assistance Program is one area that can see immediate results. The advantages to automation are numerous, elimination of unnecessary work, re-allocation of staff to revenue producing areas, and decreasing bad-debt write-offs, to name a few.
- Eliminate Unnecessary Work
- Lower Cost/Higher Production
- Centralized Storage of Documents
- Easy-to-Use Dashboard
- Accurate Data Reports for Cost Reporting
Payment Processing
Hospital’s are always looking for ways to increase cash. Utilizing FHRf’s payment processing, can increase cash-flow, lower costs, and provide seamless automation. Having the ability to track payments by Enterprise, Facility, and User, allows for automated system monitoring and payment tracking. Centralized Batching and Reporting allows for greater control over deposits and creates an internal payment audit trail.
- On-line integrated payment posting
- Centralized Batching & Reporting
- Customizable Reports
- Automated nightly batching
- Increase entry points for revenue
- Fully HIPAA and PCI Compliant