2024 AAOE Virtual AI Summit – Human Generated Data: The Missing Link in AI-Powered Revenue Cycles
AI can help reduce waste & improve efficiency in the revenue cycle by analyzing human touches & making recommendations for waste reduction.
MedEvolve’s #1 ranked Effective Intelligence Suite offers modular solutions that can be added on to Veradigm’s Practice Management and EHR software to optimize the entire revenue cycle, or specific functions, including financial clearance, coding and medical billing processes. All modules are supported by powerful analytics for complete transparency into every touchpoint in the revenue cycle.
For more than two decades, MedEvolve has been laser focused on delivering comprehensive RCM solutions that streamline processes, improve efficiency, and optimize financial performance. By joining forces with Veradigm, MedEvolve is poised to drive added efficiency, greater financial stability and significant value for Veradigm’s provider clients nationwide.
“We are excited to embark on this new strategic marketing relationship with Veradigm to empower their healthcare clients with our Effective Intelligence workforce automation and analytics software. By joining forces, we aim to drive significant value for Veradigm’s physician practice clients by providing the added technology they need to measure every touch point in the revenue cycle, reduce waste and create capacity for existing staff to claw back some of their ever-elusive margin.”
Matt Rolfes, President and CEO of MedEvolve
Review and assess your practice’s financial status in 5 min or less and know exact where you are losing money and why. Measure the work effort of every revenue cycle employee, incentivize and retain your top performers, and help employees that need improvement.
You can prevent most common denials, rejections and write-offs during the scheduling and pre-registration process in advance of the appointment. Configure checkpoints and use central task management to quickly clear patients and keep your front office staffing needs at a minimum.
Aligning the power of the MedEvolve Coding solutions with your internal resources personalizes and trains the autonomous coding model, increasing the speed that auto-codes are generated. The portal workflow also drives operational efficiency, resulting in repeatable and scalable performance.
As team members log in to the web-based application and record each “touch” of a claim, outcome, and next task, key data points are recorded like who completed the task and when, outcome, task notes, internal / external messages sent, collection success and other data points that feed into our real-time analytics.
Reduce RCM labor dependence with financial clearance, coding, insurance A/R, & patient A/R automation modules with real-time analytics.
Increase productivity and simplify front & back office processes while keeping your staff focused with our flagship PM system.
AI can help reduce waste & improve efficiency in the revenue cycle by analyzing human touches & making recommendations for waste reduction.
MedEvolve Rated Top Revenue Cycle Management Workflow Optimization and Automation Solution, 2024 Black Book RCM Client Survey
Healthcare organizations should focus on zero-touch rate—the percentage of insurance claims that require no human intervention for payment.
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