Rebound Ortho makes the most out of limited staff with Effective Intelligence
How data analytics and workflow automation transformed revenue cycle for Rebound Orthopedics and Neurosurgery.
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.
How data analytics and workflow automation transformed revenue cycle for Rebound Orthopedics and Neurosurgery.
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.
In this MGMA article, MidLantic Urology demonstrates how a switch to MedEvolve Effective Intelligence improved ROI and patient experience.
The shift toward greater patient financial responsibility is not slowing in healthcare. This trend—predicted by experts and underway for several years now—continues to tilt the reimbursement scale away from insurance claims and onto the patient.
80 to 90 percent of claims don’t require immediate follow up, but many billing departments get bogged down with work that doesn’t have potential to produce near-term ROI. Without analytics, it is really challenging to prioritize workflows on a daily basis and know which patient responsible balances we can collect on. Having a clear view of how much money our practice has and when we can expect to collect on rendered services is foundational to maintaining a strong bottom line.
South County Urological has seen COB denials drop 75% and patient payments increase 15% with MedEvolve revenue cycle automation.
RCM automation at Key-Whitman Eye Center in Texas helped to decrease aging accounts receivable by 38% by increasing staff efficiency and prioritizing queues.
Many physician practices are ready for a fresh start, but the unprecedented financial challenges of 2020 will have a lingering impact.
Manual efforts to predict cash flow may leave you vulnerable to revenue problems that can quickly spiral out of control.
Gene Austin, CEO of Columbia Orthopaedic Group spoke about the company’s use of MedEvolve RCM workflow automation during COVID-19 pandemic.
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.
Seefeld shares how AI-enabled revenue cycle management solutions are helping rural facilities regain financial stability.
Oklahoma awarded $223 million in funding. MedEvolve CEO Matt Seefeld “Rural hospitals need structural change, not just financial support.”
Discover how advanced analytics help identify risks, reduce inefficiencies, & improve sustainability.
MedEvolve CEO explores why healthcare leaders need better ways to measure operational effort amid financial pressure for rural hospitals.
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