You can prevent most common denials, rejections and write-offs during the scheduling and pre-registration process in advance of the appointment.
Taking a few minutes at the time of scheduling to verify the patient’s information saves hours of headaches on the backend once the claim is in billing and collections. Unfortunately, many practices do not have a foolproof and consistent method for financial clearance.
Front office patient financial clearance is responsible for over 50% of denials. When coordination of benefits and coding are done right the first time, back-office work effort is “zero” and Zero Touch Resolution Rate can be measured with Effective Intelligence.
increase in zero touch rate
increase in labor capacity
We are thrilled with the outcomes achieved with MedEvolve. Our leaders have tremendous confidence in the partnership. We look forward to expanding our work with the MedEvolve team to derive even greater value from data insights, which is key to our success as a growing business.
decrease in COB denials
increase in patient payments
increase in point of service collections
"Our patient flow is so much smoother now because registration activity is no longer running into appointment times and creating bottlenecks. Patients are really excited to get that out of the way before they even come in. It creates more of a concierge experience for the patient when they enter the practice. Instead of dealing with all the tedious checks and balances needed to ensure business operations run smoothly, we can focus on making the patient feel welcome and at ease."
You will have less work and cost in the back office of the revenue cycle to collect from both insurance and patients.
By eliminating errors on the front end, you mitigate the risk of common, avoidable denials (COB, Eligibility, Pre-cert etc.).
Estimate patient responsibility and have an open conversation about cost before the appointment.
MedEvolve empowers healthcare organizations with award-winning Effective Intelligence (Ei) solutions. MedEvolve’s Ei solutions include workforce automation and intelligent analytics designed to optimize the entire revenue cycle process from financial clearance to medical billing. With our generative AI engine, these solutions can pin-point exactly where changes are happening in the revenue cycle, good or bad, and tell you why. We do this by tracking and measuring the human generated data – every touch your staff is making in the revenue cycle in the attempt to adjudicate claims.
Reduce RCM labor dependence with financial clearance, 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.
Discover how reducing avoidable touches in insurance claim processing can cut costs, free up labor capacity, and boost revenue cycle efficiency—saving organizations hundreds of thousands annually.
Discover how MedEvolve’s revenue cycle benchmarks come to life through Effective Intelligence® real-time analytics dashboards.
Under OBBBA, you as a healthcare executive are being forced to change “the way we’ve always done it.” With more uninsured patients seeking medical help and fewer federal dollars to
Matt Seefeld joins That Entrepreneur Show and shares how to reclaim millions of dollars and revolutionize the revenue cycle.
