How does Informm differ from other financial management systems?
Informm offers the only financial management outsourcing products and services that are specific to the healthcare industry. Many companies offer an off-the-shelf product or a service to LTC facilities; however, Informm combines both products and services under one company, which are tailored specifically to the needs of LTC professionals. Additionally, Informm features automatic third party co-insurance billing, where other companies process co-insurance claims manually; and Informm provides automatic re-billing when Medicaid denies claims and provides the necessary information to resolve claim issues. Informm is responsive to frequent rate and regulatory changes, unlike other products. Also, database maintenance is provided for the entire organization to reduce bookkeeping time and Informm provides a financial analysis that can be performed for an individual location or for multiple facilities to obtain a comparison across the enterprise.
