MGMA recently released a study showing that operating costs are spiraling out of control. If you consider investing in this sector, ask yourself: would you invest in a company facing declining reimbursement for services rendered, rising costs to procure and deliver those services, and reliance on consumers for half of its revenue—consumers who may or may not be able to pay? I know I wouldn’t, and I believe many private equity firms, some of whom may be on this call, are starting to realize that what they purchased years ago at a high multiple isn’t delivering as expected. This is the reality we’re all facing. It doesn’t matter which medical specialty you’re in—whether it’s inpatient, outpatient, ASCs, behavioral health, SNFs, orthopedics, or urology—we’re all navigating through these challenging times.

About Matt Seefeld

Matt Seefeld, Executive Vice President & Chief Commercial Officer at MedEvolve, brings over 24 years of management consulting experience in the healthcare industry. He has extensive expertise in the assessment, design and implementation of process improvement programs and technology development across the entire revenue cycle. Matt began his career with Stockamp & Associates, Inc. and worked for both PricewaterhouseCoopers LLP and Deloitte Consulting LLP in their healthcare and life sciences practice lines. In 2007, he developed a business intelligence solution and founded Interpoint Partners, LLC, where he served as Chairman and Chief Executive Officer. In 2011, he sold his business to Streamline Health Solutions where he then served as Chief Strategist of Revenue Cycle followed by Senior Vice President of Solutions Strategy until 2014. Matt ran global sales for NantHealth and provided consulting services for healthcare technology and service businesses nationwide, prior to joining MedEvolve full-time.

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