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’s #1 ranked Effective Intelligence Suite offers modular solutions that can be added on to Veradigm’s Practice Management and EHR software to optimize the entire revenue cycle, or specific functions, including financial clearance, coding and medical billing processes. All modules are supported by powerful analytics for complete transparency into every touchpoint in the revenue cycle.
For more than two decades, MedEvolve has been laser focused on delivering comprehensive RCM solutions that streamline processes, improve efficiency, and optimize financial performance. By joining forces with Veradigm, MedEvolve is poised to drive added efficiency, greater financial stability and significant value for Veradigm’s provider clients nationwide.
“We are excited to embark on this new strategic marketing relationship with Veradigm to empower their healthcare clients with our Effective Intelligence workforce automation and analytics software. By joining forces, we aim to drive significant value for Veradigm’s physician practice clients by providing the added technology they need to measure every touch point in the revenue cycle, reduce waste and create capacity for existing staff to claw back some of their ever-elusive margin.”
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.
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