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As our company has progressed
while serving Medical Record Departments, Focus Infomatics has discovered
first hand, one of the biggest issues with running health care facilities:
Reimbursement.
Through our participating view point, we see in a tangible sense,
the billing cycle move slowly from step one, (dictation), to the
final stage of billing. We have witnessed these delays with getting
bills out on time, and we have inquired with CFO's what kind of
impact these setbacks actually cause. The feedback we received reveals
the negative bearing on cash flow, on A/R, on funds available for
purchases, when a billing cycle takes too long, and a hospital must
wait for income.
Due in large part to the unique position Focus maintains with these
incidents, we have decided to offer a Consulting Service geared
towards Reimbursement Management. It is our goal to make this billing
process happen in "2 days," not the 5, 6, or 7 days we
hear of when polling the hospital market place. We have figured
out the knowledge on how to shorten the billing process. We offer
services in all key areas involved; dictation, transcribing,
coding, billing, & collecting on bills.
We are certain our approach will bring in revenue much faster to
your facility. Very soon, we are willing to back that claim up by
offering our compensation in a "result measurement form,"
as opposed to just flat fees. That is, a percentage of the changed
revenue we bring into your facility faster.
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