Labor Day has come to symbolize the official end of summer, with family gatherings, final trips to the beach, and the wafting aroma of BBQ on the grill. It’s also a time to start thinking about fiscal planning for the next year.
Labor Day began as a yearly, national tribute to the contributions workers had made to the strength, prosperity, and well-being of our country. The first observance was celebrated in New York in 1882, followed by a festival for the recreation and amusement of the workers and their families. Summertime has a way of reminding us that friends and family are what truly matter in this life.
Relationships are important, and at Healthcare Horizons, we believe in people and relationships first. Our focus this Labor Day, and every day, is on you, those who help make you successful, and your company’s financial interest. As you look ahead to year-end planning activities such as closing financial books, budgeting and creating goals for the coming fiscal year, let us contribute to your bottom line in 2018.
Healthcare Horizons helps keep your healthcare costs in check. It is crucial that self-insured employers conduct annual healthcare claims audits because one of the unintended consequences of self-insuring is that claims payers have no financial incentive to control costs. Regular healthcare claims audits ensure that employers are:
- Fulfilling their fiduciary responsibility
- Not overpaying claims or paying claims in error
- Identifying and eliminating systemic errors
- Recovering overpayments within the TPA’s timing limitations, typically two years
We offer customized, flexible pricing options designed to meet your needs and accommodate your TPA requirements. Our fixed-fee pricing ensures you know exactly what your out-the-door audit cost will be. We also offer a risk-free, contingency pricing structure that is based on what we collect, not on the errors we identify.
Call or contact us today to get started on your fiscal planning for next year. We’ll do the work so you can sit back, relax, and enjoy the last days of summer.