Personalized Solutions moving Healthcare Providers into the future
Get innovative, highly customized, simple-to-implement healthcare support solutions from one vendor.
Why work with us
We support healthcare providers in improving patient health and outcomes, compliance, and profitability without increasing their workload.
We serve all healthcare systems including physician practices and specialties, hospitals, surgical centers, clinics, Accountable Care Organizations (ACO), and healthcare consulting firms.
Chief Executive Officers, Chief Financial Officers, AdminIstrators
- Uncertain on how to address diminishing revenues?
- Struggling with how to improve care quality while addressing profitability concerns?
- Desperate for a solution to address staff shortages and burnout?
Physicians, Nurse Practitioners, & Physician Assistants
- Frustrated with not having enough time to practice medicine the way you were trained?
- Exhausted from being overburdened?
- Struggling to find ways to increase your revenue without increasing your workload?
Billing Specialists, Revenue Cycle Managers, Auditors, Coders
- Searching for ways to identify areas of audit risk as well as revenue opportunities?
- Need coding support to address staff shortages, shifts in care models, or to address other coding issues?
- Concerned about denials and collections?
Financial Analysts, Claims Examiners, Office Managers
- Tired of dealing with shortages because revenues are not keeping pace with increasing costs?
- Uncertain how to maximize potential revenue in a Value-Based Care model?
- Need help coding to the highest level of specificity?
About FI-Med Management, Inc.
Since 1993, Fi-Med Management, Inc. has worked closely with healthcare organizations to maximize revenue and reduce risk—from catching billing errors to providing high-level safeguards against compliance risk. As a result, we've grown exponentially with a 98.2% customer retention rate.
Fi-Med has become a trusted expert in financial healthcare management, compliance, risk assessment, and chronic care management. We attribute our success to:
- Being a partner and not just a vendor. We commit to working closely with our healthcare clients. We listen to our clients and how we can enhance our services and technology to support them best. We believe we always give clients more than just the minimum to get by.
- Creating customized solutions tailored to each client's individual needs. One size does not fit all. All services are scalable and based on the size of the organization.
- Researching and constantly monitoring the state of the healthcare industry and the challenges our prospects and clients face to ensure our solutions best meet their needs.
- Applying our years of knowledge to create innovative, smart technology to solve healthcare problems.
Our high-touch ethos has helped us attract many clients nationwide.
Fi-Med can address a more robust solution with significant benefits to clients. Our solutions provide everything from turnkey offerings to component services. There are no "long-term" commitments. Address your staff shortages, revenue concerns, audit risk, and more while adding more human contact with your patients and improving their health outcomes. Everyone wins!
Well Living Initiative
The Well Living Initiative is an opportunity to enhance the human connection with patients and improve care plan adherence without increasing your workload through:
- Annual Wellness Visits
- Chronic Care Management
- Transitional Care Management
- Remote Patient Monitoring
- Nurse Triage & Admin Support
Improve patient and Value-Based Care outcomes, care quality, satisfaction, population health, and revenue by closing gaps in care and simplifying patient engagement with our suite of patient services and technologies.
Revenue Value Assessment
Fi-Med's Revenue Value Assessment (RVA) uses our innovative proprietary technology, revealMD, to analyze all your providers' coding activity in seconds to identify care gaps using Fee for Service and Value-Based care models. The resulting analysis provides information to connect with patients, improve their care & outcomes, and prevent the loss of millions in potential revenue.
There is no software to install, IT resources, EHR interfacing, or training required. Instead, Fi-Med delivers a comprehensive analysis of your revenue situation with tools to increase your revenues without adding work for providers or staff.
Billing & REvenue Cycle Management
Fi-Med's award-winning billing and Revenue Cycle Management (RCM) service streamlines and manages all back-end operations from start to finish, including:
- Coding & Compliance
- Billing & Compliance
- Claims Appeals
- Payment & Reporting
- Lockbox Services
- Document Storage & Retrieval
- Pre-appointment patient insurance verification
- Profitability Analysis
- Debt Assistance & Collection
Audit Risk Assessment
Fi-Med's Audit Risk Assessment (ARA) uses our innovative proprietary technology, revealMD, to analyze all your providers' coding activity in seconds to identify which providers are over-coding and creating a compliance/audit risk. The resulting analysis provides information to let you know where to proactively take action and avoid a costly audit.
There is no software to install, IT resources, EHR interfacing, or training required. Instead, Fi-Med delivers a comprehensive compliance/risk assessment identifying coding at the organizational level, locations, specialty level, and provider level.
New Provider Assessment
When hiring new providers, it can be challenging to look at all the factors that make them a good hire. Of course, medical background and capabilities are essential, but you also need to understand their coding history.
Fi-Med looks at the provider's historical coding and billing information to help you evaluate a new hire's potential value or risk.
Fi-Med's total revenue and compliance/risk assessment of the provider using our innovative technology, revealMD, provides a detailed analysis that helps you factor their coding, billing, and risk history into your hiring decisions.
Mergers & Acquisitions Value Assessment
Fi-Med's Mergers & Acquisitions Value Assessment (MVA) ensures you have the information necessary to make an informed acquisition or merger decision. MVA uses Fi-Med's smart technology, revealMD, to analyze and determine the revenue and risks associated with the organization you are evaluating.
Whether the target organization is Fee for Service or Value-Based Care, our proprietary software uses coding information and artificial intelligence to assist in analyzing and determining acquisition value.
Benefits to your Healthcare System
Should Be Handled by Other Team Members
A primary care physician needs 26.7 hours per day to see an average number of patients and follow the recommended national guidelines for preventive, chronic disease, and acute care. Researchers determined that other team members could handle 65% of primary care services, reducing a physician's time to deliver care to 9.3 hours.
Trust fi-Med Year after Year As Their Partner
Let us join your team and help you do more without increasing your workload.
Our human connection drives everything at Fi-Med. Quality deliverables and superb customer service are our philosophy, resulting in over a 98.2% retention rate with our clients.
Are Related to Social Determinents of Health
Improve care quality by extending your practice beyond its walls without increasing your workload.
Eighty percent (80%) of health outcomes are related to factors outside the traditional realm of healthcare delivery, including social, economic, and behavioral.
Fi-Med: The One Vendor Solution
Our personalized solutions assist healthcare providers across multiple channels, allowing you to simplify and contract with only one vendor.
Improve Care Plan Adherence
Our services address social determinants of health and add resources to reduce staff workload.
Reduce Care Gaps & Increase Revenues
Our services identify care gaps, ultimately improving patient care and increasing revenues.
Eliminate Audit Risks
Our services help quickly identify audit risks, giving you the power to take timely actions.
Improve Staff Morale & Address Shortages
Our services reduce staff workload and provide resources to work more efficiently, reducing burnout and stress.
What Clients Say
The people at Fi-Med are consummate professionals. Their customized services are head and shoulders above the rest.
Dr. Allen Kaufman, MD ● Nephrologist, New York, NY
Since 2010 or '11, Fi-Med Management, Inc. has been doing my podiatry practice billing. I'm so pleased to have found them because their team is easy to work with, providing a great process. The affordability, accountability, and reliability delivered by the group are outstanding.
Warren McIver, DPM ● McIver Foot Clinic Inc., Milwaukee, WI
When we initially began reviewing the revealMD application, it was strictly from a compliance standpoint. We quickly learned that the tool can be used equally from a compliance and a financial perspective. I have been in compliance a long time and I truly believe revealMD is a "game changing" tool that can help our hospital system mitigate its compliance risk and at the same time help identify financial opportunities. In today's health care environment, having the ability to do both through data analytics is critical to the success of an organization.
Chief Financial Officer ● UAB medicine/UAB Health System - CPA, CHC
Prior to implementing Transitional Care Management our practice had a 10% readmission rate. Today, thanks to your proactive management of these services our readmission rate has dropped to 2-3%.
GAIL ● ADMINISTRATOR, RAPPAHONNICK FAMILY PRACTICE
I haven’t eaten in 3 days, thank you for hooking me up with the Meals on Wheels program. It is great to see that my doctor cares about me and connected us together.
A PATIENT ● DR. CAMPOS
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