The Future of Generative AI
INFOGRAPHIC Harnessing the Power of Generative AI in the Revenue Cycle Human-generated data is the “secret sauce” to AI’s potential in RCM The revenue cycle, a cornerstone of healthcare operations,
MedEvolve, a leading provider of revenue cycle management (RCM) solutions that provide effective intelligence, automation and accountability for healthcare organizations, has been recognized as the top RCM workflow automation company by Black Book Research. This accolade showcases MedEvolve’s commitment to delivering innovative solutions that help healthcare organizations maximize labor across revenue cycle functions to deliver optimal bottom-line impact.
Rank | RCM Firm |
|---|---|
1 | MEDEVOLVE |
2 | MD Clarity |
3 | Waystar |
4 | Experian Health |
5 | Ewall Solutions |
6 | Nextgen |
7 | Thoughtful AI |
8 | EvidenceCare |
9 | ModMed |
10 | Streamline Health |
11 | R1 RCM |
12 | Change Healthcare |
13 | SCP Health |
14 | Issio Solutions |
15 | Medsphere |
16 | Finthrive |
17 | MPower Health |
18 | Millenia |
19 | Finvi |
20 | AGS Health |
Criteria | RCM Firm |
|---|---|
Strategic Alignment of Client Goals including VBC HIE ONC | MEDEVOLVE |
Innovation | MEDEVOLVE |
Training | Waystar |
Client relationships and cultural fit | MEDEVOLVE |
Trust, Accountability, Transparency, Ethics | MEDEVOLVE |
Breadth of offerings, client types, delivery excellence | MEDEVOLVE |
Deployment and implementation | EvidenceCare |
Customization | Waystar |
Integration and interfaces | MEDEVOLVE |
Scalability, client adaptability, flexible pricing | MEDEVOLVE |
Compensation and employee performance | MD Clarity |
Reliability, consistency | MEDEVOLVE |
Brand image and marketing communications | MEDEVOLVE |
Marginal value adds and modules | MD Clarity |
Financial Viability & Managerial Stability | MEDEVOLVE |
Data security and backup services, patient privacy | MEDEVOLVE |
Support and customer care | MD Clarity |
Best of breed technology and process improvement | MEDEVOLVE |
Effective Intelligence combines Patient Financial Clearance Automation, Medical Billing Workflow Automation, and Real-Time RCM Analytics in a cloud-based platform designed to integration with your current EMR/PM technology to measure the effectiveness of your RCM staff.
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.
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.
INFOGRAPHIC Harnessing the Power of Generative AI in the Revenue Cycle Human-generated data is the “secret sauce” to AI’s potential in RCM The revenue cycle, a cornerstone of healthcare operations,
MedEvolve ranked #1 overall and in 12 out of 18 categories. Download the report and compare to our 2023 #1 rankings.
PRACTICE FREEDOM PODCAST The Human Touch in Healthcare Revenue Optimization Have you ever wondered why healthcare revenue cycles seem so complex and inefficient? In this episode of Practice Freedom, we
Monday – Friday
7:00 am – 7:00pm
1115 West 3rd Street
Little Rock, AR 72201
Privacy Policy | 2024 All Rights Reserved