Services Posts

HFS Launches Secure Client Portal

Thursday, June 14th, 2012

HFS is pleased to announce the launch of our Secure Client Portal (SCP), focused on enhancing transparency and improving communication with our clients.

The SCP is currently up and running for our Wage Index Improvement Strategy Services (WIISS) and provides our clients with a summary breakdown of their portion of the $135 million benefit, which HFS has achieved through wage index findings over the past four years. The SCP also includes instructions, best practices, and tips for reporting wage index information on the Medicare cost report. (more…)

HFS Valuation Services

Friday, June 1st, 2012

Professional valuation services are an essential element in a successful transaction. The regulatory environment that frames the healthcare industry only serves to further compel healthcare executives to retain not only valuation expertise but valuation expertise with knowledge and experience in the multi-faceted healthcare industry.

Possessing in excess of 20 years experience in healthcare industry valuation, HFS valuation professionals provide clients with more than fair market valuation documentation. A fair market value opinion typically addresses all elements of a given transaction. Implicit in a fair market valuation of an imaging center supported by a professional services agreement and management contract, for example, will be a determination of the fair market nature of those supporting agreements. (more…)

HFS Fresno – New Reporting Services

Friday, May 4th, 2012

HFS’s Revenue Cycle Management (RCM) Division, located in Fresno, has seen growth in recent months, adding on new clients who wish to have their business office functions either fully or partially outsourced. With its continued growth, HFS Fresno has developed a new product to both meet and exceed its clients’ expectations. This NEW Reporting Service enables HFS Fresno to paint an accurate portrait of the current status of a client’s business office and, when necessary, to identify any issues to be addressed or to highlight the progress of our services. (more…)

Information to Assist With Bundled Payment for Care Improvement Initiative Data

Tuesday, April 24th, 2012

Did you submit a letter of intent for the Bundled Payment for Care Improvement Initiative, and receive a massive stack of data from CMS? Are you now wondering where to start?

HFS can transform that data into an analytical tool that will provide the following:

  • Drill down to the cost drivers of each DRG
  • Help you to understand the services provided and the timeframe in which they are provided
  • An understanding of the physicians and post-acute providers who were paid by CMS for services provided
  • The diagnoses of the patients involved
  • Other factors that will be critical in developing a price proposal for CMS

Our team members can use these tools to assist you in understanding:

  • The DRGs of interest
  • Constructing the care management plans for managing these patients
  • Identifying unrelated diagnosis and DRG carveouts
  • Determining your bundled episode bid for CMS

For more information or to schedule a consultation, please contact David Robeson, HFS’s Director of Feasibility, Valuation and Capital Planning at: 510-768-0066 or davidr@hfsconsultants.com