RS&F Healthcare Advisors (RSFHA), a health care and business consulting services firm, has expanded its reach to include the Southeast U.S. with its new Palm Beach, Fla., office. RSFHA’s practice management consultants and certified coders work with physicians, clinics, practice groups and hospitals to increase revenue, maximize profitability and reduce risk through operational best practices.
“With the significant change and growth of the health care industry due to the implementation of the Affordable Care Act, we have seen a sharp increase in the demand for our services, particularly in Florida,” said Nancy Smit, a partner with RSFHA. “With its high percentage of Medicare beneficiaries, Florida has been targeted in Centers for Medicare and Medicaid Services efforts to detect fraud and abuse in Medicare claims. Recovery Audit Contractors have already recovered over $20 million from physicians, and predictions are that number will increase substantially over the next 24 months. The best way for physicians to protect their practices and prepare for these audits is to document and code properly, which is one of the many services we proactively provide our clients.”
RSFHA offers a comprehensive suite of services to address the strategic, operational and accounting needs of health care organizations. Services offered comprise strategic planning, including merger and acquisition advisory, business planning, corporate structure analysis and capital formation; specialized health care services, including compliance plans and coding audits, revenue cycle management, fee schedule and RVU analyses and PCMH recognition/ support; practice organization, including marketing, human capital evaluation and IT; and accounting and tax services, including audits, estate planning, tax strategies and partner disputes.