Fi-Med Management Announces New Healthcare Financial Data Analytics Tool

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Original story posted on: March 31, 2021

 


FiMedLogo
 Fi Med Logo

 

PRESS RELEASE 


FOR IMMEDIATE RELEASE
March 17, 2021    

CONTACT:   Lisa Velasquez
1-262-788-9244

                                                                                                   

 Fi-Med Management Announces New Healthcare Financial Data Analytics Tool

REVEAL\md HCC RAF can identify all HCC gaps in just four clicks;
Supports transition from fee-for-service to value-based care

BROOKFIELD, Wisconsin — Fi-Med Management, trusted experts in the fields of financial healthcare management, compliance and risk assessment, and chronic care management, today announced the launch of its new data analytics tool, REVEAL\md HCC RAF. This cloud-based analytics application is specifically designed for the transition from Fee-for-Service to Value-Based Care. In just four clicks, the tool can discover all gaps in the commonly used Hierarchical Condition Category (HCC) coding—with corresponding revenue potential. Results include improved efficiencies, effectiveness, patient care outcomes, and revenue growth.

REVEAL\md HCC RAF represents the company’s latest innovation, following its REVEAL\md Audit, which was developed in 2010 to assist hospital systems and medical groups in understanding their providers' risk and revenue opportunities. REVEAL\md HCC RAF saves time and resources to quickly and effectively identify, train, and follow providers monthly to reinforce documentation and coding education.

“Being in healthcare for over 28 years, we continually reimagine, through data, our ability to level the playing field for providers with insurance carriers,” said Adrian Velasquez, President and CEO at Fi-Med Management. “That’s what we have achieved with REVEAL\md HCC RAF.”

REVEAL\md partners with Accountable Care Organizations, hospitals, hospital systems, and medical groups throughout the United States. Since 1993, Fi-Med has been working alongside healthcare providers and networks to maximize revenue and reduce compliance risk—from catching billing errors to providing high-level safeguards against compliance risk.

As a healthcare support and management industry leader, Fi-Med provides account receivables management (billing), credentialing, coding, chart review, education, lockbox, and other financial management and reporting services to physicians, labs, and medical centers nationwide.

For more information, visit www.fimed.com and www.Reveal-md.com

March 17, 2021    

Chuck Buck

Chuck Buck is the publisher of RACmonitor and is the program host and executive producer of Monitor Monday.

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