Client Benefits
Our commitment to our clients is two-fold
1.
Cost Effectiveness
Our centralized outsourcing model allows us to leverage geographic diversity and provide significant RCM cost savings to our clients
2.
14 years of experience in healthcare billing have allowed us to refine front and back end processes and insert robust quality checks to ensure the highest level of performance
Key Client Benefits
On average, our clients experience 50% billing cost savings on personnel costs alone versus performing services in-house
Greater process efficiency and highly trained employees result in meaningfully higher collection and a significantly shorter revenue cycle (our commitment is to reduce Days in A/R to below 25)
Allows the time and attention of management to focus exclusively on driving growth vs focusing on back-end processes
A centralized offshore billing model allows valuable facility space to be used to support revenue growth vs housing back-end processes
Fedora offers significant cost savings to clients
6%
Cost of In-House Billing
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6% of revenue is the typical cost for in-house billing staff
5%
Market Average pricing
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The average charge for oncology RCM by an outside provider is between 4 and 6% of collections
3%
Average Fedora pricing
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Fedora's charge structure allows significant cost reduction
Fedora can deliver significant potential cost savings
Number of Providers | Annual Revenue | Average Market Rate | Average Cost of Billing | Fedora Rate | Total Fedora Cost | Cost Savings |
1000 | $1,200,000,000 | 5% | $60,000,000 | 3% | $36,000,000 | $24,000,000 |
Fedora has experience with large clients
Fedora has been providing RCM to a large NY oncology group since 2015 with annual collections upwards of $300 million and with a DSO below 20
Fedora has been providing RCM to a large California oncology group since 2007 with annual collections upwards of $100 million and with a DSO below 22
We have successfully implemented highly complex multi-specialty groups with numerous lines of service