Beckers ASC: 3 key revenue-boosting benchmarks for ASCs + more insights
Benchmarks can help ASCs focus on big-picture, revenue-boosting changes, according to MedEvolve Executive Vice President Matt Seefeld.
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.
Benchmarks can help ASCs focus on big-picture, revenue-boosting changes, according to MedEvolve Executive Vice President Matt Seefeld.
In a traditional practice, the business stuff can drag us down. Billing staffs spend much of their day on hold, feeling bad when they fail to recoup payment or resolve lingering issues. They’re backed up and overwhelmed. The potential for mistakes increases.
Many practices are still using paper bills. MGMA’s first Digital Payments Progress Report, released in 2017, found that more than 77% of medical groups indicated they still use paper, even though most groups are using certified EHRs.
Business intelligence is no longer a luxury. In fact, it’s become a necessity. The sooner the health care industry can leverage tools to dig into its droves of data and use the information to streamline operations, the more sustainable organizations will be in the years to come.
Predictive Analytics Will Offer Unprecedented Insights. Payers Will Look To Cut Costs. RCM Staffing Needs Will Change. Providers Will Seek More Creative Financing Opportunities.
Patients are responsible for a huge chunk of their healthcare expenses. Employ proactive tactics & spend less time chasing payments.
Matt Seefeld talks about leveraging technology to deliver better services for the healthcare industry.
While delivering quality care is always the top priority, efficient revenue cycle management is critical to making sure the
door stays open to patients in need. Medical practices can streamline RCM processes with
effective changes to workflow and smart introductions of management systems.
MedEvolve’s robust practice management software gives Strategic Practice Solutions a robust solution for all their clients.
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.
In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s
In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s
In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s
A team can spend 40 hours resolving 200 claims, watch 180 of them pay, and still report a comfortable 8 percent denial rate. That number doesn’t tell you what it
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