For the Record: Rev Cycling to a Better Bottom Line
“Measuring every touch in the revenue cycle is key to future sustainability—because every touch means money out of your pocket.” ~ Matt Seefeld
"MedEvolve has been a strong contender since our inaugural physician group report in 2019 and for another consecutive year, they have commanded the top due to their ongoing innovations and advancements in the field.”
President & CEO, Pettigrew
Executive Vice President & CCO, MedEvolve
Healthcare leaders increasingly look to the expertise of third-party billing companies to optimize processes in a challenging financial climate. Amid extreme staffing shortages and growth in remote workforces, companies like Pettigrew Healthcare Profitability Solutions must find ways to increase capacity of existing staff to remain competitive.
In this presentation, attendees will learn how Pettigrew leveraged lean workforce principles, automation and advanced technology to maximize existing labor and create room for staff to work smarter across its 50+ clients. Participants will learn how the company gained visibility into the effectiveness of a remote team, which in turn, laid the groundwork for growth without the need to increase staffing—ultimately reducing collection costs and improving employee satisfaction.
Learning Objectives
Course participants will be able to:
Effective Intelligence combines Patient Financial Clearance Automation, Medical Billing Workflow Automation, and Real-Time RCM Analytics in a cloud-based platform designed to integration with your current EMR/PM technology to measure the effectiveness of your RCM staff.
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.
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.
“Measuring every touch in the revenue cycle is key to future sustainability—because every touch means money out of your pocket.” ~ Matt Seefeld
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.
Monday – Friday
7:00 am – 7:00pm
1115 West 3rd Street
Little Rock, AR 72201
Privacy Policy | 2024 All Rights Reserved