Financial Medical Systems Revenue and Competitors

Hauppauge, NY USA

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Financial Medical Systems's estimated annual revenue is currently $2.4M per year.(i)
  • Financial Medical Systems's estimated revenue per employee is $126,000

Employee Data

  • Financial Medical Systems has 19 Employees.(i)
  • Financial Medical Systems grew their employee count by 0% last year.

Financial Medical Systems's People

NameTitleEmail/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1.8M14-71%N/AN/A
#2
$90M3436%N/AN/A
#3
$5.7M3410%N/AN/A
#4
$449.5M15295%N/AN/A
#5
$26.9M1280%N/AN/A
#6
$7.9M479%N/AN/A
#7
$8.2M494%N/AN/A
#8
$81.6M311-1%N/AN/A
#9
$1.6M130%N/AN/A
#10
$135.2M515-16%N/AN/A
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What Is Financial Medical Systems?

Financial Medical Systems (FMS) is a leading full service medical billing company that has focused exclusively on healthcare finance since 1985, employing one of the largest private medical billing teams in the Northeast. Paul Abrams, President and CEO of FMS, acquired the company in 1993. Before entering the business of outsource billing for healthcare-based institutions, Paul served as a CFO and V.P. Finance at New York City area hospitals. He also served as President for the New York Metropolitan Chapter of the Healthcare Financial Management Association (HFMA). As a result, Paul has become a leader in the industry and understands firsthand the challenges faced by today's healthcare finance professionals. FMS provides a full range of outsourcing solutions for your billing and receivables management needs, specializing in hospital systems, medical centers, free standing clinics and physician practices. Our core services include: Billing and Follow-Up Credentialing Coding Practice Management Third Party Payor Contract Negotiations Consulting FMS delivers unparalleled service to its clientele by employing the best in the industry and utilizing the latest technology available. Our proprietary claim Quality Assurance Programs, combined with accurate coding software and state-of-the-art billing systems, result in maximum reimbursement for your services. Our procedures meet all HIPAA compliance guidelines. FMS offers customized solutions to fit your organization's size and demands by providing solid and secure financial models necessary for complex and intricate billing structures. By outsourcing your billing to FMS, you increase accountability, diversify your options and improve your bottom line.

keywords:N/A

N/A

Total Funding

19

Number of Employees

$2.4M

Revenue (est)

0%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Financial Medical Systems News

2022-04-17 - KORU Medical Systems to Report First Quarter 2022 Financial ...

CHESTER, N.Y.--(BUSINESS WIRE)--Apr 20, 2022--. Repro Med Systems, Inc. dba KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the...

2022-04-17 - CFPB Report Spotlights Medical Billing Challenges

“The credit reporting system should not be used as a weapon to coerce ... medical bills to avoid adverse financial and privacy consequences,...

2022-04-17 - Fairview Health Services lost nearly $133 million last year ...

Fairview, one of Minnesota's largest health systems, saw some improvement in financial performance during 2021 compared with the first year...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$1.8M21-5%N/A
#2
$2.8M22-8%N/A
#3
$3.4M23-8%N/A
#4
$5.5M24-33%N/A
#5
$4.5M2414%N/A