Chicago — May 20, 2013 – The Healthcare Financial Management Association (HFMA) recently reviewed The Outsource Group using the Peer Review Process. After undergoing the rigorous review, The Outsource Group's Revenue Cycle Management Suite has been awarded the “Peer Reviewed by HFMA®” designation.
The Outsource Group's Revenue Cycle Management Suite provides outsourcing services across the healthcare revenue cycle spectrum from patient access to A/R management, collections and denials management. Service lines include primary and secondary bad debt collections, self-pay early out collections, third party liability claims, insurance billing and follow up, eligibility services, and full business office outsourcing.
"We are honored that our entire suite of revenue cycle management services has received the prestigious Peer Reviewed designation from the Healthcare Financial Management Association. As the largest privately held, standalone healthcare revenue cycle management services company in the US, The Outsource Group continually strives to deliver innovative and effective revenue cycle solutions to optimize and accelerate reimbursement for our clients, along with a steadfast commitment to maintaining positive patient and payer satisfaction", said Michael DiMarco, CEO, The Outsource Group. "Receiving the Peer Review designation from HFMA further reinforces the quality of our revenue cycle solutions and our dedication to meeting the needs of the clients we serve."
HFMA's Peer Review process is designed to provide healthcare financial managers with an objective third party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review made up of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
"HFMA’s Peer Review process provides our membership with the assurance that those who have earned the designation have met a rigorous screening process,” says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. “The Peer Reviewed designation helps members and others identify and evaluate products and services that their organization may need. It can also create brand awareness and recognition in the healthcare finance marketplace for Peer Reviewed products and services."
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 40,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry. From addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues.
Healthcare Financial Management Association
About The Outsource Group
The Outsource Group is the largest privately held standalone healthcare revenue cycle management services company in the US. Hospitals choose The Outsource Group to deliver effective revenue cycle solutions to improve their financial performance so they can focus on their core mission of providing quality healthcare to the communities they serve. With our strong commitment to patient satisfaction and our operational expertise, where results are accelerated through analytically driven workflows enabled by leading-edge technology, we consistently meet the needs of our clients. theoutsourcegroup.com
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