RCM Discussion | Medevolve Effective Intelligence
Effective Intelligence is all about reducing your dependence on labor in the revenue cycle while ensuring the medical billing and front office staff you do need are working effectively and generating the expected revenue to increase your margin with the least amount of work effort. MedEvolve is an effective intelligence company.
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.
RCM automation at Key-Whitman Eye Center in Texas helped to decrease aging accounts receivable by 38% by increasing staff efficiency and prioritizing queues.
Medevolve Workflow Automation enabled my front office staff to be more successful and it enabled me to choose the right person for the right job. The staff is happy and I’m happy. It’s helped to reduce denials, increase front end patient revenue collections, and has helped tremendously with the efficiency of our office.
MedEvolve Inc. recognized for program to protect patient privacy, prevent medical billing fraud, and comply with federal regulations
Many physician practices are ready for a fresh start, but the unprecedented financial challenges of 2020 will have a lingering impact.
Manual efforts to predict cash flow may leave you vulnerable to revenue problems that can quickly spiral out of control.
MedEvolve RCM Workflow Automation has been an essential technology solution for physician groups and medical billing companies in the age of COVID. In the current climate, the ability to monitor and measure staff performance, productivity and effectiveness, streamline front and back-office workflows, reduce the cost to collect, and have total transparency into every dollar in the revenue cycle are keys to healthcare organizations’ ability to maintain profitability.
Gene Austin, CEO of Columbia Orthopaedic Group spoke about the company’s use of MedEvolve RCM workflow automation during COVID-19 pandemic.
Using MedEvolve Effective Intelligence, within 10 months, the organization was able to decrease their accounts receivable over 60 days by 38%, and categorize 87% of claims as low priority by carving out such areas as non-actionable
denial codes.
Using revenue cycle automation for Columbia Orthopaedic Group, automated financial clearance and A/R workflows have improved efficiency.
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.
Host Jeremy Winn speaks with Matt Seefeld, CEO of Medevolve, about the challenges and opportunities in healthcare revenue cycle management.
Healthcare orgs must replace outdated RCM metrics with labor benchmarks, upstream denial prevention, & automation that drives measurable ROI.
Matt Seefeld, CEO MedEvolve, shares strategies for reducing administrative waste & increasing rural hospital margins & RCM workforce capacity.
Healthcare revenue is bleeding margin. Learn how AI, analytics & ruthless performance benchmarks can stop the waste before system flatline.
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