About Us

Clinical Financial Management Associates (CFMA) is a consulting company that works with hospitals who are frustrated with low margins and poor quality ratings. We have successfully managed DRGs for the past 29 years. Our clients not only see improvements in MS-DRG reimbursements of 10-30% or more but also experience improvement in their quality scores and reductions in their OBS, Readmissions & HAC Rates. Please visit our Services Offered page to learn which program is best for you.

Our team consists of coding staff, nurses and hospital administrators with
experience in both the clinical and financial sides of healthcare management.
We train a team of your employees (RNs and Coding Staff) to work with your
physicians to improve clinical documentation for coding purposes. We also work with Case Management Departments to improve OBS and Readmission performance.
We make it easy for your doctors to help your hospital.

Why should you hire us?

  • 6 of Michigan’s top 8 hospitals for clinical documentation improvement are CFMA clients
  • A very high rate of success  (95%)
  • High-performance levels achieved at each hospital
  • A significant ROI (3 to 5+ fold) for small hospitals. Even greater ROI for larger sites.
  • Doctors love our clinical approach
  • Our practical tools build Medical Staff / Hospital Alignment
  • Accurate and reliable estimates of opportunity
  • We develop strong FFS performance plus clinical preparation for P4P and ACOs
  • 60% of CFMA’s sites over the last 27 years earned 4 or 5 CMS Stars
  • Dramatic impacts on reducing Readmission Penalties and HAC Scores