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Tim Fuchs

👤 Person
81 total appearances

Appearances Over Time

Podcast Appearances

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

are doing a good job and doing that in real time, not waiting for the end of the month or waiting for your data to come out, really making sure that you're jumping on that on a daily basis.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

And then to leverage outsource expertise when needed.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

I think there's a lot of great resources out there from the front end piece to after the surgeries performed to understand

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

How you can utilize a specialized partner to take that to the next level, whether that's a pre-certification team, contract modeling, as Amanda's mentioned, and those contracts and being so important.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

Implant cost management services.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

There's a lot of groups out there that focus on that portion of your business now and can make that really successful for you.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

And then just maybe looking back and seeing you doing an audit and seeing where are the holes to increase the health of the revenue cycle.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

So centers can have an opportunity to get access to a ton of expertise and technology that sometimes they can't just justify by doing it themselves.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

And there's a lot of that in this ASC space that can really take them to the next level.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

So really just making sure top ASCs understand

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

really run those structured financial reviews that cover revenue cycle KPIs, payer trends, cash forecasting, case mix changes, your implant spend, your AR over 90 days, understanding your high-risk denials, and then your underpayments.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

And so your problems are really identified early, and those leaders stay proactive, not reactive, and can take their ASCs to the next level.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

I'd echo that too.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

And I'd stay proactive, as I've mentioned, not reactive.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

It's easy to feel like you're playing defense right now, but the ASCs that are thriving are the ones that stay curious about their numbers and data, and the ones that know their data are the ones that are ahead.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

They're watching their denial patterns, their AR days, their payer mix, and they're acting on those insights in real time.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

When you treat your data like a conversation instead of a report, you can spot the small issues before they turn into big problems.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

And honestly, that's what separates the good from the great.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

Those who use that uncertainty as a cue to tighten up, to innovate and really to lead with intention.

Becker’s Healthcare -- Spine and Orthopedic Podcast
How ASCs Can Strengthen Cash Flow Amid Industry Pressures: Insights from nimble solutions

So those are the advice I would give.