About TFane Healthcare Financial Services Inc.

TFane is a Six Sigma driven company that delivers comprehensive revenue cycle management services including, patient access management, remote medical coding, accounts receivable management and portable e-prescribing solutions. Whatever business challenges your front or back office is currently facing, partnering with TFane provides you with proven business solutions that not only impact office productivity and create a harmonious work environment, but also optimize revenue capture and enhance cash flow.

The MMA, after undertaking a due diligence process and undertaking a working relationship with TFane has identified them as an endorsed provider.

TFane

If your practice has any of these symptoms, then TFane has the diagnosis and treatment. The following are the MMA endorsed services provided by TFane:

1. Patient Access Management

• Symptoms: Inaccurate or incomplete patient demographic and/or insurance information which leads to increased rework, higher turnover of personnel and delay or loss of revenue.
• Treatment: TFane’s Patient Access Management System benefits your practice by utilizing live resources to validate and/or obtain patient insurance and patient demographic information with 99% or better accuracy.
• Symptom: Incomplete or no verification of financial information which leads to poor financial outcomes, as well as potential loss of Point Of Service (PoS) collections.
• Treatment: TFane’s service includes pre-authorization, pre-certification and electronic verification before treatment, as well as processes for renewing and resolving denials quickly, including written appeals. TFane’s system creates Employee Scorecards and identifies training requirements.

Click here to learn more about TFane’s Patient Access Management System or contact MMA’s George Lohmer at (612) 362-3746 or glohmer@mnmed.org

2. Remote Coding Services

• Symptom: Inefficient coding slows down the process of getting paid, generates errors which lead to reduced reimbursement. Inexperienced coders lack the skills to successfully optimize reimbursement. Additionally, many practices have difficulty in the retention of their top coders resulting in a high turnover rate.
• Treatment: It’s a fact that skilled CPT coders are essential to the financial health and well being of any medical practice. Accurate submissions translate to faster payments, fewer denials, and payment in full. TFane’s coders are certified and trained in CPT and DRG coding. They are ready to switch to ICD-10 right now. You never need to train or replace another coder and you’ll be getting coders with a 98% plus accuracy rate while reducing your coding costs by up to 40%. Whether you wish to supplement your current coding team, or start fresh with TFane’s 24/7 team and focus more of your time seeing patients, you owe it to yourself to learn about Tfane’s coding solutions.

Click here to learn more about TFane’s Coding Services or contact MMA’s George Lohmer at (612) 362-3747 of glohmer@mnmed.org

3. Accounts Receivable Solutions

Symptom: Your practice can’t afford to carry aging debt loads from patients, Medicare/Medicaid and insurance companies. Payers will typically ignore 5% - 15% of claims billed irrespective of billing method (EDI or paper) or provider segment (e.g. hospital, physicians, laboratories). The cash value of provider receivables deteriorates at a rate of 5% to 8% per month for accounts aged over 90 days from date of service.
Treatment: TFane focuses on aged and/or small balance insurance claims, freeing your staff to focus on younger and larger balance claims, earlier and more frequently in the workflow. The net result is better cash flow and increased net revenue. TFane knows how to overcome excuses, cut through bureaucratic red tape and ensure prompt and complete payment. Your employees will begin to enjoy more wins in their workday and this will equate to greater job satisfaction, improved morale and improved productivity.

• Symptoms:
  • Lack of proper follow-up in Accounts Receivable
  • Lack of proper approach to ATB analysis
  • Regular changes in Managed care contracts
  • Ever changing reimbursement patterns
  • Turnover or loss of experienced Accounts Receivable personnel.
• Treatment: With TFane’s Accounts Receivable options your practice will never be caught short for effectual ways to collect your fees. The available options will allow your practice to decrease the amount of time spent on AR, reduce bad debt expense and days outstanding and increase cash as percent of net patient revenue.

Click here to learn more about TFane’s Account Receivable options or contact MMA’s George Lohmer at (612) 362-3746 or glohmer@mnmed.org

4. Portable E-Prescribing

• Symptom: You need an all inclusive way to manage electronic prescriptions and track your patients. You also need to be able to write and print or fax prescriptions direct to pharmacies.
• Treatment: With CCHT certified ClinixMD, not only can you manage electronic prescriptions but also track your patients’ records anytime, anywhere using your tablet or notebook PC. You can also write and print or fax prescriptions direct to pharmacies that do not accept ePrescriptions.
• Treatment: The patient tracking software maintains an up-to-date problem list, medication list, and allergy list for each patient. These lists give current information about patients’ clinical history and problems, while improving the accuracy of medical orders and prescriptions. The system also comes with clinical content for many specialties as well as drug interactions and formularies.

Click here to learn more about TFane’s Portable E-Prescribing or contact MMA’s George Lohmer at (612) 362-3746 or glohmer@mnmed.org.