Photo via usefinix.com
A local health care cost recovery company has been offered an accounts payable audit and recovery contract with a national company.
Grand Rapids-based Finix will be the contracted vendor for Irving, Texas-based health care performance company Vizient.
The three-year contract will serve medical centers, facilities and hospitals throughout the U.S. — a combined annual purchasing volume of approximately $100 billion, Finix said.
The agreement includes the option for two one-year extensions after the initial three years.
“Being awarded the Vizient A/P Audit and Recovery Contract is truly a reflection of our team’s hard work over many years,” said Josh Fuhr, Finix managing partner. “We’ve built innovative processes and the infrastructure to support them on a large scale with the ability to deliver $1,222 per bed in average recoveries.”