HEALTHCARE FINANCIAL SYSTEMS, INC.
HOLLYWOOD, FLORIDA

Healthcare Financial Systems’ technology is head and shoulders above others in the RCM technology market. Since 1998, Healthcare Financial Systems (HFS) has been providing quality Revenue Cycle Management services to Hospitals, Health Systems, Physician Practices, Clinics, and Labs throughout the United States. During this period of time, HFS continues to focus 100% of its efforts on Healthcare Industry with only United States based employees. Our focus is and will always be Revenue Cycle Management. However, the definition of RCM is changing and we have committed the resources to change with it. Our investment in a significant technology infrastructure enables us understand the difference between traditional ‘fee for service’ RCM and what is now becoming an alternate reimbursement model – one that will dominate the market in years to come – managing populations of patients. This will be done via promoting competition in the market place amongst providers, providing care in the most effective method possible without compromising outcomes. It is our mission to bring to you a suite of technology tools that, unlike a new billing system, immediately works in adjunct with your existing billing platform bringing real-time, web based business intelligence, leading to accountability for both parties . We are unrelenting in our quest to recruit and maintain the highest quality RCM and technology professionals thus delivering the service we know will make you an optimally functioning CBO. to increase efficiency. This allows us to customize your EBO program. Our technology helps us: Manage staff work queues, productivity, and other tools to maximize performance delivery and shorten turnaround time. Provide detailed reporting with performance metrics for scheduled delivery and also web access of live dashboards (for both parties to review progress, trends, and even drill-down to see specific claims affected) Provide a live website (AIM Expedite) to assist users on both sides for coding changes, w/o approvals, and eliminates the use of spreadsheets Provide customizable f/u templates to ensure all action steps are taken, and training tips for special scenarios is provided. Our online repositories provide a complete solution for you to ‘sunset’ old legacy systems. Our team of developers will ensure full access 24-7 to legacy data and images quickly, securely in one location. We even provide interface support, payment posting options, and much more. HFS provides consulting services with a focus on upstream HFS offers patient access management services to function as an extension of your Patient Access Departments. Our strategy is to offer proactive and cost-effective solutions for opportunities related to pre-registration, authorization and referrals, time of service collections and registration related denials. We utilize standardized methodology, enhancing the patient experience and securing financial clearance prior to date of service. Providing our client’s with a viable solution for increased reimbursement and reduced re-work. We provide a clear understanding of operational efficiency, a roadmap for Leading Practice Standards, improved patient satisfaction and increased data integrity and cash collections from the front-end. Healthcare organizations are facing unprecedented challenges in maintaining financial stability in a rapidly changing industry. One challenge is to manage the increasingly complex system of reimbursement arrangements from both public and private payers. As a leader of a provider organization, you must grapple with dozens of payer contracts covering hundreds of services, each with different rates, terms, conditions, and reporting methodologies. We can deliver on-site and remote coders for ongoing work, special projects, coding audits, and more. Our certified coders are here to help save you money and provide the resource you need to bill quickly and accurately. • All services include live dashboards and business intelligence tools BIS | Business Intelligence Suite by HFS Understanding your data and underlying system is critical to any business intelligence solution. With the HFS Business Intelligence Suite (BIS), we provide full technical and user support and business analytic assistance each step of the way. We respect the value of your staff’s time. HFS will manage, load, and securely host your data, greatly minimizing the impact to your IT staff, hardware and software. With BIS, we develop powerful custom fields for you that fit your business model. We believe a system designed around your needs facilitates timely decisions, enhances work flow, and provides the KPI’s to monitor the pulse of your organization. BIS provides a simple, yet robust set of interactive reports, charts, and dashboards. BIS report templates currently exist for accounts receivables management, performance analysis, user productivity, insurance and rejection analysis, and analysis by specialty. Reports can be quickly created or adapted to fit your existing reporting needs. HFS loads the important fields you need to take action. This includes your internal ID, financial data, rejections, insurances, Rev/CPT codes, etc. These key data items, when properly managed, can provide the ability to see the highest level KPI’s, but allow you to drill down to the detail level, with a click of the mouse, in order to see what is driving performance or unexplained variances. These detailed “dives” empower your users to take immediate action, for such things as claims to appeal, identifying user mistakes, spotting under-paid claims by CPT, and potential problems in the claims submissions process. You can quickly find the important issues and provide the necessary analysis to take the necessary action. BIS Reports use a pivot table approach allowing for quick data aggregation. A two tiered filter enhances further user manipulation. Filters are not limited to simple drop downs. They can be a multiple select, from/to, sliders or user created groupings. All data fields are eligible to sort on while viewing a report. BIS provides a number of charts options as well. Filters are not limited to simple drop downs. They can be multiple select, sliders or user generated groupings.