FINANCE

WHAT WE CAN DO FOR YOU

 

Hess III Consulting offers a full range of health and human services finance support including budgeting, forecasting, defining financial models, creating pro forma balance sheets, increasing margins through time-driven activity-based costing and ensuring your cash flow supports your sustainability plan. 

We can help you develop your potential financial figures based on past business and define pro forma to show what will increase revenue and margin. This all-inclusive service provides expertise on revenue cycle management, payer contract negotiation and configuring the finance components of your health information system. We will help you tie your financial performance to your clinical outcomes for quality of care, cost of care and patient experience. Our finance component works to achieve the highest level of care with the most satisfaction at the lowest cost.  

 

Our Process

 

We bring best-in-class financial management guidance to underresourced organizations. We provide the direction you would receive from a Chief Financial Officer, supporting your entire finance department. We understand the money. We know where funding for health and human services comes from and what is available. We know all of the funding streams. If you have patients within a high risk population, we can use available dollars to educate, test and treat them as a part of prevention education. We know what’s allowable and how to braid funding streams to achieve your goals. 

 

One of our Experts’ key competencies is knowing the nuances of how funding operates. We make it work to help you achieve your strategic busines goals. Our savvy in the area of funding streams will help you figure out how to get from Point A to Point B in the most effective and strategic way possible. 

 

We aren’t your accountants. We’re your financial advisors.

  • Have you been gold-carded by your payers to receive instant payment of your claims?
  • Is your clean claims acceptance ratio >99%?
  • Have you undergone an independent fraud, waste and abuse audit in the last 365-days?
  • Are you confident you are achieving the full reimbursement allowable for your programs and services?
  • Are you fully satisfied with your claims and billing procedures and/or vendor?

If you answer ‘no’ to any of the following questions, we can help!
  • Financial services compliance
  • H.R. configuration
  • Clinical documentation integrity
  • Process optimization to eliminate waste and increase margins
  • Coding and documentation
  • Claims submission
  • Reimbursement
  • Fraud, waste and abuse audits
  • Underpayment recovery
Translate »