PFS' Primary Service Offering ... Revenue Cycle Stabilization
In
today's health care economy, virtually all physician practices are coping with the lack of revenue cycle predictability!
This was true prior to the passage of the Patient Protection and Affordable Care
Act and it appears that the problem is being exacerbated as an unintended consequence of
the Act. Additionally, government mandated
upgrades to handle HIPAA-II and ICD-10 have added levels of complexity to payer systems that
are proving to be even more disruptive to reimbursement values and schedules.
The dilemma for medical practices is that regardless of their efforts to submit clean claims
in a timely manner, payer controlled remittance schedules remain unpredictable and will continue to be erratic for the foreseeable
future.
PFS has a low cost, non-factoring,
financing solution for mitigating the degradation that these events collectively impose on provider revenue cycles!