How You Get Paid More
When you contract with FinMed we connect you with a super powerful platform to optimize your claims payout.
Your billing department processes a claim that filters through the FinMed ASI system.
The claim is scrutinized and validated, or fixed, to ensure proper claims coding and insurance compliance.
Through machine learning, the platform improves coding accuracy. The more you use it, the better it gets, the greater the payout.
The system efficiency reduces errors, protects against fraud, and continually improves the process so you get paid more.
How You Get Paid Fast
The Pay Forward Program
In an age of next-day delivery, your payout should be immediate. That’s why we developed the Pay Forward Program, which pays you up-front when you submit a claim. You will receive a substantial portion of your reimbursement amount within 48 hours of submitting a claim. That’s how much confidence you can have in this platform.
How You Save More
The average practice has a 20% claims denial rate. Over 50% of those claims will never be corrected (money lost). It costs $100 to recover and resubmit a single claim (money spent).
With FinMed you save $83 per claim that needs corrected AND the A.I. system consistently improves so you have fewer claims to correct, saving you even more money.
Yes, this platform will save the medical community billions of dollars.