William Hefley, MD, orthopedic surgeon, practice owner, & founder of MedEvolve says that running a practice like a business does not come naturally for many physicians. Yet, survival depends on knowledge and transparency into daily operations.
Discover Solutions to These Challenges
- Hiring, retaining and measuring administrative employees amid staffing shortages
- Incomplete patient information at the time of the appointment
- Data living in disparate systems without a story
Revenue Cycle Resources for Physician Practices
Key-Whitman Eye Center Improves Revenue Cycle and Physician Satisfaction with Transparency and Automation
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.
5 Trends Bringing Effective Intelligence into Revenue Cycle in 2022
Matt Seefeld, EVP of MedEvolve, discusses with HIT Consultant why many physician practices are facing a harsh reality as they enter 2022. Revenue cycle processes and technology that have traditionally produced an acceptable bottom line are no longer delivering.
HealthcareNOW Radio Podcast – Payment Matters: Matt Seefeld Interview
Host Jeff Lin is joined by Matt Seefeld, EVP of MedEvolve, to discuss the importance of leveraging technology and intelligent data to improve the efficiency and costs of healthcare operations.
How to overcome 3 top revenue cycle challenges in 2022
William Hefley, MD, orthopedic surgeon, practice owner, & founder of MedEvolve says that running a practice like a business does not come naturally for many physicians. Yet, survival depends on knowledge and transparency into daily operations.
How labor dependent is your revenue cycle process?
How does labor staff demands like shortages, high turnover, more salary, better hourly rates, affect your margin? Matt Seefeld shows us how to measure work effort with real-time analytics that show where the breakdowns occur – denials? billing edits? coding?
Patient Financial Clearance: Reduce Denials & Hold Front Office Staff Accountable
When I ask clients, “Are all the scheduled visits coming in for Monday cleared based on the six points I just told you?”, the answer is “I think so”, but “I think so” doesn’t work anymore. “I think so” gets you overstaffed. “I think so” gets your net collection rate to be far below benchmark, which is negatively impacting your profit margin.
Effective Intelligence Resources
Effective Intelligence Suite
Product Information
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”.
Dashboard Analytics
How EiQ works
