LOCATION: 2200 N. Mayfair Road, Suite 200, Wauwatosa, WI 53226
WEB SITE: www.fimed.com
YEAR FOUNDED: 1993
PRODUCT OR SERVICE OFFERED: Revenue cycle management for physicians, labs, clinics and ASCs.
PROJECTED 2008 REVENUE: $5 million
LEADERSHIP TEAM: Adrian E. Velasquez, president; Christine A. Krause, vice president; Arthur Lee, certified public accountant, controller; Rosa Rodriquez, IT manager; Kim Rasmussen, lab division manager; Bonnie Reising, physician division manager; Renee Frick, customer service manager; and Barbara Clem, operations manager.
TARGET CLIENTELE: Independent physicians, labs, clinics and ASCs.
BUSINESS ORGANIZATION MEMBERSHIPS: MMAC; MGMA; and American College of Healthcare Executives.
WHAT HAS FUELED YOUR COMPANY’S GROWTH? The complexity of health care reimbursement from insurance companies. Rising cost for health care providers and declining reimbursement. Fi-Med improves cash flow and reduces compliance risk.
WHAT IS THE BIGGEST OBSTACLE TO YOUR COMPANY’S GROWTH? I don’t see any at this time.
DO YOU PLAN ANY CHANGES IN YOUR COMPANY IN THE UPCOMING MONTHS? Adding a collections division and general Counsel for appeals and denial management.
WHO ARE THE BUSINESS PEOPLE, LOCALLY OR NATIONALLY, WHOM YOU ADMIRE? AND WHAT TRAITS DO THOSE PEOPLE EXHIBIT THAT MAKE YOU ADMIRE THEM? I don’t have a specific person that I admire. I admire anyone who can be successful at what they do whether they are a student in grade school or college, a department manager, a mom, a dad or a CEO. The success principles are the same, and I love hearing their story. To create something out of an idea or breakthrough and overcome obstacle to achieve new heights, is exciting to hear about and figure out how I can learn from their success.
WHAT IS THE OUTLOOK FOR THE BUSINESS CONDITIONS OF YOUR INDUSTRY OVER THE NEXT SEVERAL MONTHS? Excellent.
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