Typically, EMS billing companies aim to assist EMS providers with revenue cycle services. That means accruing cash collection through a billing process and resulting in reimbursement from payers for the medical services rendered. Besides providing distinguished EMS billing services, EMERGICON believes in acting as a financial advisor for its partner agencies.
A financial advisor provides expert guidance and advice on various factors for a person or institution’s economic well-being. The primary role of a financial advisor is to present opportunities and help clients make informed decisions regarding their finances. Several key aspects constitute a financial advisor.
Financial Planning
Financial planning for EMS can’t be a standardized approach. EMS providers face unique challenges that require a tailored process. That’s why our teams collaborate closely with partner agencies to understand reimbursement and craft plans aligning short-term and long-term goals.
By focusing on each partner’s specific needs, EMERGICON empowers EMS providers to make informed decisions that pave the way for the communities they serve. To achieve this goal, our specialists provide thorough analytic reports and fee schedule recommendations based on local market trends. Additionally, the team conducts PCR audits, evaluates weaknesses, identifies opportunities, and plans new strategies.
As industry experts, EMERGICON strives to assist partner agencies with risk management. Whether it’s insurance setbacks or regulatory changes, our team works to identify potential risks, assess their impact, and develop strategies to mitigate them. Staying ahead of market trends, EMERGICON leverages its expertise to advise clients through turbulent times and capitalize on emerging opportunities.
These strategies embody a long-term outlook, a distinctive trait for financial advisors. Through EMERGICON’s financial planning, EMS partners remain steadfast despite minor challenges. Alongside our teams, they continuously refine financial plans to align with evolving goals and industry dynamics.
Would you like to learn more about EMERGICON’s EMS billing and financial advisor services? Contact our EMS & Client Hotline: 866-839-3671 | support@emergicon.com.