The Healthcare Financial Management Association (HFMA) recently reviewed State Collection Service’s Healthcare Bad Debt Recovery using the Peer Review Process. After undergoing the rigorous review, State Collection Service’s Healthcare Bad Debt Recovery has met the standards to receive the “Peer Reviewed by HFMA” designation.
“Receiving the Peer Review designation validates the success our team seeks for our clients each and every day," said Tom Haag, CEO, State Collection Service, Inc. "To pass HFMA’s stringent standards and requirements is an achievement we are extremely proud of. It means that the solutions and service we provide to our clients day in and day out are recognized by the healthcare industry’s leading association.”
The Peer Review Process validates the accuracy, effectiveness, quality and value of products and services that HFMA members are currently using. The goal of the review is to identify products and services that deliver organizational savings and performance improvement which enhance HFMA members’ day-to-day business interactions and careers.
“For years HFMA members have asked us to identify viable healthcare finance resources and to filter some of the noise in the market place,” says HFMA President and CEO Richard L. Clarke, FHFMA. “We see the new Peer Review Process as a powerful opportunity to do just that."
Criteria for a product or service to display the HFMA Peer Review mark include high survey scores for:
- Enhanced productivity for the individual user and for the customer’s organization
- Ease of installation and use
- Accuracy and reliability
- Good value for the price
- Excellent technical support and customer service
- An overall positive rating from reviewers based on a quantitative scale
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With over 35,000 members, HFMA is the nation's leading membership organization of healthcare finance executives and leaders. We provide education, analysis, and guidance; we lead change and innovative thinking; and we create practical tools and solutions that help our members get results. Addressing capital access to improved patient care to technology advancement, HFMA is an indispensable resource on healthcare finance issues. www.hfma.org
About State Collection Service, Inc.
Since 1949, State Collection Service has provided quality collection service to countless healthcare organizations.
Through experience and innovation, State Collection Service has grown to become a tremendously credible and nationally-recognized collection agency offering services from pre-registration to bad debt. These many long-term partnerships are a tribute to our service, integrity, and results.