Finance, Compliance & Reimbursement

Our team frequently conducts analyses and related projects focused on financial, reimbursement and funding issues.

We also function as an independent review organization to audit EMS, fire ambulance, nonemergency ambulance and air medical claims to ensure federal reimbursement compliance.

Enhance Your Fiscal Sustainability

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Finance, Compliance & ReimbursementConsulting

K

eeping your financial house in order is a daunting task in today’s public safety and healthcare environments. Organizations face limited resources and increasing expectations for service delivery. Their leaders struggle to balance maximizing revenue recovery with complying with rules and regulations, improving customer satisfaction and achieving optimal outcomes.

Fitch & Associates has helped numerous organizations, from small private transport agencies to large municipal fire departments and national air medical programs, become more effective in their fiscal operations. Navigating an ever-changing healthcare environment and complex regulations requires the experience and expertise that Fitch’s consultants have acquired after decades in the industry.

At Fitch & Associates, our consultants have:

  • Assisted organizations in developing enhanced budget and reporting processes, analyzing EMS system finances and quantifying the costs of potential system changes
  • Prepared pro formas to evaluate feasibility of projects and potential new business ventures and pricing of air and ground services
  • Developed customized compliance plans to help healthcare organizations prevent billing fraud
  • Conducted internal reviews to audit emergency and non-emergency ambulance and air medical claims to ensure federal reimbursement compliance
  • Assisted agencies in managing investigations and negotiations with regulators

Our team has a demonstrated track record of delivering accurate financial projections, improving fiscal performance, optimizing revenue recovery and minimizing risk.

Resources

How hospitals can steer clear of fraudulent transport billing

Rarely does a week go by without another news report about an ambulance service or hospital under investigation by the federal government for fraud or abuse related to billing for transport services.

7 EMS Trends Affecting Cities

Municipal leaders struggle with the competing budget demands. Some of the current trends in EMS industry present opportunities for local leaders to extend their budgets further.

Articles

Fitch Insights & Perspective

Reports

2907, 2020
2020 EMS Trend Report

This will be a defining year for EMS, shaped by new care delivery options, legislative mandates and the public spotlight. [...]