SUPERIOR MEDICAL CLAIMS SCRUBBING TECHNOLOGY.

DISCOVER THE DIFFERENCE

FinMed identifies the issues that result in medical claims being denied and corrects them immediately to create an “error free” claim ready for submission.

FinMed only charges service fees based medical claims they change information on to ensure reimbursement.

FinMed will pay our clients upfront within 48 hours of the claims being filed. No more waiting 15-20 days for Medicare and 40+ days on the private insurers with many of our clients reporting more days before receiving payments. This is possible as a result of the efficiencies created by the FinMed Medical Coding team and the artificial super intelligence scrubber that ensures a very high first time Medical claims pass rate.

FinMed updates the technology weekly, CMS and private insurers are changing medical claims acceptable information throughout the years which, if not implemented, runs the risk of claims being denied. Cost and system accessibility have many systems on a bi-yearly or yearly basis that forces healthcare systems to put manual written processes in place to address the changes until the software system is changed.

FinMed benchmarks our clients coding and diagnosis by comparison with a national data base to identify procedures well below the average and make corrections as needed (Currently 19.9 % of claims in a major east coast health system are being flagged by the optimization platform.

FinMed not only identifies the issues that cause claims to be denied; we also correct and submit claims which, according to the MGMA, cost between $80-$120 dollars per claim.
FinMed eliminates risk: Over 60% of the claims sent back to clients to resubmit are never refiled. “No More Medical Claims lost in the Systems Blackhole.”
FinMed results in a 97% First time Clean Claim Rate.
Decreased Medical Claim denials supported by the proprietary Artificial Super Intelligence (asi) System combined with enhanced data base.
Faster Payments because of the FinMed Fintech process.
Clients have an option to receive payments on medical claims within 48 hours at a minimal cost