324 E. Wisconsin Ave., Suite 1300, Milwaukee • www.healthfuse.com
Year founded: 2011
Product or service offered: Healthfuse works with hospitals to reduce cost and increase collections with regard to third party revenue cycle vendors. We help hospital executives to more effectively source and manage revenue cycle vendors.
President, CEO & owner: Nick Fricano
Co-owner: Mike Zimmerman
Projected 2016 revenue: Not disclosed
Target clientele: Hospitals and Health Systems
Business organization memberships: TEC, HFMA
What has fueled your company’s growth?
“Excellent service that is provided to our clients, along with significant financial gains attributed to enhanced vendor management, has created a loyal and growing network for Healthfuse.”
What is the biggest obstacle to your company’s growth?
“Regulatory changes within health care have put more financial pressures on hospitals than ever before.”
Do you plan to make any changes to your company?
“Healthfuse is committed to continuous learning and improvement.”
What is the outlook for your industry?
“While there are regulatory changes in the health care space, revenue cycle outsourcing is a $30 billion industry and is growing exponentially—up 70 percent in the last 10 years, and up 30 percent in the last two years alone.”
What is your company’s most important growth strategy?
“We believe in focus at Healthfuse. It is increasingly important for us to remain laser focused on providing excellent service to our clients, creating and operating cutting-edge technology and continuing to market throughout the industry.”