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
Written by our in-house revenue cycle experts, the articles below have been published by various publications and represent 24+ years of expertise.
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.
“Measuring every touch in the revenue cycle is key to future sustainability—because every touch means money out of your pocket.” ~ Matt Seefeld
Zero-touch resolution rate is the new metric for financial clearance success in the revenue cycle. Save labor cost in the business office.
If revenue cycle staff in your healthcare organization gave just 10% more effort every day, how would that impact operational margin?
Healthcare providers need technology that upgrades the limitations of their existing systems to make revenue cycle staff more effective. Matt Seefeld explains.
Insurance companies are reporting billion-dollar profit margins while providers are finding it increasingly difficult to stay in business.
The ultimate goal for any revenue cycle is achieving a high zero-touch rate for claims requiring no intervention, lowering dependence on labor.
Matt Seefeld, healthcare revenue cycle expert, talks how to gamify your workforce through an engaging individual reward structure.
Before implementing robotic process automation, you need to understand where humans are getting involved & where breakdowns are occurring. RPA can’t tell you that.
Read Article Maintaining a healthy operational margin has never been more critical, and labor costs are a major factor. As labor deficiencies continue to plague the industry, the one key difference between this challenge and the rest is that providers can control it. While many employers are at a loss
Staffing shortages, inflation & operational margin is keeping healthcare leaders up at night. Don’t settle for a posture of defense.
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.
Most AI vendor pitches are built around task-completion metrics: claims processed, calls placed, codes assigned, denials ‘worked.’ These numbers are easy to demo and easy to report. They are also,
Provider organizations should adopt new methodologies for revenue cycle benchmarks to understand staff effectiveness and where breakdowns are occurring. These include the following measures along with suggested percentages for optimizing
Provider organizations should adopt new methodologies for revenue cycle benchmarks to understand staff effectiveness and where breakdowns are occurring. These include the following measures along with suggested percentages for optimizing
Provider organizations should adopt new methodologies for revenue cycle benchmarks to understand staff effectiveness and where breakdowns are occurring. These include the following measures along with suggested percentages for optimizing
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