2024 AAOE Virtual AI Summit – Human Generated Data: The Missing Link in AI-Powered Revenue Cycles
AI can help reduce waste & improve efficiency in the revenue cycle by analyzing human touches & making recommendations for waste reduction.
In this presentation, participants will learn how workforce automation and intelligent analytics technology helped Atlas Healthcare Partners bring operational efficiency, accountability, and transparency into every touch point in the revenue cycle. The solutions drove significant revenue cycle improvements, including 48% reduction in denials, 31% reduction in labor dependence, 124% increase in zero-touch rate and 97.5% net collection rate. Presenters will also demonstrate how a healthy dose of competition in daily work can drive improved productivity and outcomes.
EVP & Head of Effective Intelligence, MedEvolve
Chief Revenue Optimization Officer, Atlas Healthcare Partners
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.
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.
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.
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