The Meduit Innovation Lab Blog

The complexity of the patient’s financial responsibility is growing, particularly for Medicare and Medicare Advantage beneficiaries

Posted by Meduit RCM on Aug 29, 2022 11:00:00 AM

The complexity of the collection effort for the patient's financial responsibility is growing, particularly for Medicare and Medicare Advantage beneficiaries. The result is that healthcare providers are missing some of the value that they are owed. In fact, F2 Healthcare (a Meduit company) has found missed value 100% of the time for client partners by leveraging advanced technologies.

The Process

The F2 team partners with providers to obtain relevant data, validate that data and load it into a proprietary data analytics tool. The tool then applies automated algorithms to dig deep into the provider’s net revenue financials and thoroughly analyze that data to locate missed revenue and then advance to a strategy to collect that revenue.

The F2 team then moves to capture these outstanding revenues and return them to the client partner.

Delivering Value

F2 works with 250 hospitals and health systems nationwide, averaging $2.2 million in new value found per client. If the F2 team does not find any missed value for providers, there is no charge.

Learn more about F2 Healthcare and recovering missed revenue for your hospital or health system:

Learn More Here