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FedMed developed the Accelerated Payment Program (APP) in response to one of the largest issues facing medical providers today: timeliness of payment. FedMed's APP program ensures rapid claim payments to providers. Currently, over 88% of FedMed claims are paid in less than 30 days from the date of service. Our program expedites the payment process, enhances cash flow and improves working capital. This allows the provider to focus on medical delivery rather than collections.
- FedMed works with select healthcare payors that meet our strict payment guidelines.
- FedMed monitors the timing of payments by our payors on a monthly basis.
- In certain cases, FedMed funds claim payments in order to accelerate delivery to participating providers.
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Average Number of Days from
Date of Service to Date of Payment
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