Hfs consultants Review

About Hfs consultants

HFS Consultants is a leading healthcare consulting firm that has been providing top-notch services to healthcare organizations throughout the United States for over 50 years. In 2016, HFS Consultants merged with Wipfli LLP, a national accounting and consulting firm, to offer an even more comprehensive range of services to their clients.

The merger between HFS Consultants and Wipfli LLP was a strategic move that allowed both companies to leverage their strengths and expertise in the healthcare industry. The combined entity now offers a wide range of services including financial management, revenue cycle management, compliance and regulatory consulting, strategic planning, operational improvement, information technology consulting and much more.

In 2018, Price Waterman joined Wipfli LLP further expanding the depth of offerings provided by HFS Consultants. This addition brought in additional expertise in areas such as mergers & acquisitions advisory services for healthcare organizations.

HFS Consultants has built its reputation on providing high-quality service to its clients. Their team of experienced consultants works closely with each client to understand their unique needs and challenges before developing customized solutions that are tailored specifically for them. They have worked with hospitals, physician practices, long-term care facilities and other healthcare providers across the country helping them improve operations while maintaining compliance with regulatory requirements.

One area where HFS Consultants excels is revenue cycle management (RCM). They have helped numerous clients optimize their RCM processes resulting in increased cash flow while reducing costs associated with billing errors or denials from insurance companies. Their team of experts can help identify areas where improvements can be made within your organization's RCM process so you can focus on delivering quality patient care without worrying about financial issues.

Another area where HFS Consultants stands out is compliance consulting. With ever-changing regulations governing the healthcare industry it's important for organizations to stay up-to-date on all requirements or risk facing penalties or fines from government agencies such as CMS or OIG. The consultants at HFS are well-versed in all aspects of compliance including HIPAA privacy & security rules as well as Stark Law & Anti-Kickback Statute regulations among others.

In addition to these core competencies mentioned above they also offer IT Consulting Services which includes EHR implementation support , cybersecurity assessments , IT strategy development etc .

Overall,Hfs consultants provides an array of specialized services designed specifically for health care organizations looking for ways to improve operations while maintaining regulatory compliance . With decades worth experience working within this industry coupled with deep knowledge base around various aspects like Revenue Cycle Management , Compliance Consulting etc makes them one-stop-shop solution provider .