Healthcare Financial Resources (HFRI)
visit site- Undisclosed
- 2 - 9 employees
- Elgin, IL
Client Insights
Industry Expertise
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Client Size Distribution
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Common Project Size
<$10K 1 project
Clients
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Highlights from Recent Projects
Healthcare Financial Resources (HFRI) was engaged by a behavioral treatment center to assist with their accounts receivable recovery. The center was facing challenges with errors and denials from insurance companies and lacked the expertise to address these issues. HFRI was brought on board to provide the required expertise. They were tasked with contacting insurance companies, writing appeal letters, and examining AB-1455 policies to help the center recover their funds. HFRI also liaised with higher-ups within the healthcare industry to expedite revenue collection. The team is currently assisting the center in cleaning out older accounts in preparation for the implementation of a new system. The partnership, which began in September 2021, continues on an as-needed basis. The center has invested about $400,000 in this engagement, a figure significantly lower than what they were previously paying another company.