computer image Financial Medical Record

The Foundation for all Solutions

The Recondo Financial Medical Record® (RFMR) signifies the next generation of computerized data capture and storage for the healthcare industry. The RFMR stores accurate and up-to-date financial and care information for each hospital patient, eliminating the need for storing patient data in multiple and non-integrated locations.

Traditionally, hospitals have created various data stores in multiple locations across the business office and throughout the revenue cycle. Additionally, as hospitals become acquired or consolidated, integrating disparate data repositories becomes daunting, if not outright impossible owing to cost and time constraints.

Eliminate storing Patient Data in multiple and non-integrated locations

Next Generation

Traditionally, hospitals have created various data stores in multiple locations across the business office and throughout the revenue cycle. When patient financial data "lives" in different places, it create problems when staff is looking for information and/or updating information. What if a staff member updated the data in one location, but not in the other location(s)?

We provide an easy-to-implement service for delivering integrated Financial Medical Records.

Single Data Repository

With the Recondo Financial Medical Record, hospital business offices now have a single repository — a super data warehouse — with each discrete piece of patient data, including:

  • Identity data
  • Services provided
  • Insurance data (current plan, plan design, co-insurance, co-payments, deductible and out-of-pocket status)
  • All claims and payments

Benefits of RFMR

A single Recondo Financial Medical Record for each patient residing in one location offers many advantages:

  • Staff looks in only one place for patient financial information, saving time, effort, redundancy, and rework.
  • Updates or changes to patient financial information are made only once, reducing errors and inevitable rework, and are immediately available to all authorized staff.
  • Staff can see a complete "picture" of a patient's financial profile at a glance.
  • Recondo can integrate any set of Financial Medical Record data to virtually any legacy computer system or application, making it easy to populate data and report on that data from various hospital locations.