2022 MGMA Leaders Conference

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S10: Reduce Revenue Cycle Staffing Needs and Retain Your Most Effective Employees with Effective Intelligence
Thursday, November 10, 2022 | 12:40pm – 12:55pm EST
Presented by: Matt Seefeld
Executive Vice President & Head of Effective Intelligence, MedEvolve

ACMPE: 1|AAPC: 1|ACHE: 1|CEU: 1|CME: 1|CPE: 1|PDC: 1|PDU: 1

In terms of financial viability, margin is the name of the game for today’s physician practices. Future success hinges on the ability to overcome growing revenue cycle challenges, such as severe staffing shortages and increased patient financial responsibility. Productivity alone will no longer suffice. Revenue cycle models must evolve to embrace the concept of effective intelligence, a model that enables users to execute tasks more effectively and measure the financial outcomes of work effort. Providers need to have real-time visibility into their effective intelligence quotient and the impact of each revenue cycle team member.

This session will explore the journey Washington-based Rebound Orthopedics & Neurosurgery, a 16-location, 75-provider group, took to lay the foundation to support effective intelligence, improving net collection rate and reducing avoidable write-offs. Smart technology investments support remote workforces, provide needed transparency into day-to-day activity, and optimize workflows around activity that produces the greatest ROI. Financial clearance and digital payment strategies ensure greater success in capturing patient balances and improving overall patient financial experience.

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What's your EiQ?

Margin is the key to success in healthcare. You cannot maximize it without real-time metrics in your revenue cycle. Take the 3 minute quiz to find out your Effective Intelligence Quotient (EiQ).

Recorded Webinar

Matt Seefeld explains the five trends that will drive the adoption of automation, data accessibility, and employee effectiveness in “Manage your revenue cycle with Effective Intelligence in 2022”.

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