Kick your spreadsheets to the curb. Your revenue cycle analytics solution should give you real-time access to the Key Performance Indicators (KPIs) and specialty specific benchmarks you care about most so you can compare how you’re doing against other similar healthcare organizations. With numbers to back up your decisions, you can feel confident that you’re making the right choice for your business. Spend more time focusing on implementing the appropriate changes to improve collections.
With front office Patient Financial Clearance Automation & back office Medical Billing Workflow Automation added to your current PM/EHR systems, you can get real-time analytics on staff effectiveness and a deep understanding of your entire revenue cycle.
"I have been able to track trends from the American Gastroenterology Association (AGA) website. Compared to 2019 – 2021 data, Medicare will be paying an average of 10% less in upper GI & lower GI procedures in the future. Those are changes that we need to address. MedEvolve’s analytics has allowed me to compare numbers with the AGA, come up with some figures, and show the physicians how much we could lose with the same amount of work."
Telling the owners we have to change almost everything in the business was scary for them. The confidence came when we had the reports, we had the analytics, we’re making data driven decisions, and we have a path forward. I couldn’t imagine doing it without Medevolve Effective Intelligence.
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.
Healthcare organizations are already facing razor thin margins, and administrative waste could be the linchpin for future sustainability. Billions of dollars are at stake. I’m always surprised when I talk to doctors and ask them if know how many touches,
Healthcare revenue cycles are primed for the benefits of automation & AI, but many are missing a critical link: human-generated data.
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.
Five new RCM companies select MedEvolve’s data-driven workflow automation and intelligent analytics solutions.
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.
Healthcare organizations are already facing razor thin margins, and administrative waste could be the linchpin for future sustainability. Billions of dollars are at stake. I’m always surprised when I talk
Healthcare revenue cycles are primed for the benefits of automation & AI, but many are missing a critical link: human-generated data.
AI can help reduce waste & improve efficiency in the revenue cycle by analyzing human touches & making recommendations for waste reduction.
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