Transforming Revenue Cycle Management Today with Lessons Learned from Henry Ford
In the ever-evolving landscape of healthcare RCM, principles of automation & AI are ushering in a new era of efficiency and optimization.
With all the challenges going on in healthcare revenue cycle now and margins in decline, you do not have the luxury anymore of not knowing every single unit of work done by every revenue cycle staff member you have employed and what the outcome is. You need effective intelligence including workflow automation & task management suite with power analytics designed to bolt onto any PM/EMR system.
Everybody must be held accountable for the work they do and the PM system is not going to get you there. Healthcare organizations that move in this direction will have higher profit margins.
Effective intelligence can integrate with Athena, NextGen, GE CPS, ECW and many others. We can work with whatever system you are on. We take a basic set of transactional data with some demographics to populate the workflow automation suite that drives the performance of your organization. Let’s talk!
In the ever-evolving landscape of healthcare RCM, principles of automation & AI are ushering in a new era of efficiency and optimization.
Top 20 RCM automation vendors were ranked. MedEvolve ranked #1 overall over other nationally-recognized RCM companies and in critical categories such as innovation & optimization, implementation, scalability, data security, and process improvement.
To better empower & motivate revenue cycle teams, provider organizations must have a foundation of real time effective intelligence.
On a given day, 80 to 90 percent of the active claims in A/R do not need to be touched, so why are billing representatives wasting time on them? Because there is no visibility into which claims need to be focused on to actually generate revenue.
Reduce your dependence on labor to combat staffing challenges. 73% of medical practices rank staffing as their biggest challenge and 76% are making operational changes due to shortages. (MGMA).
Download the PDF to learn how to transform your patient financial clearance & medical billing process with Effective Intelligence technology to address staff shortages.
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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