Recorded Webinar

Incentive-based revenue cycle: retaining top talent in the "new workforce"

Watch On Demand

Most healthcare organizations continue to have staffing challenges in their RCM departments. While some have opted for blanket raises to keep staff, a compensation model that allows executives to objectively identify, reward and incentivize top performers is ideal.

As “the Great Resignation” or “the Great Rethink” continues and the up-and-coming Gen Z enters the workforce, healthcare organizations need to reimagine how they manage their staff. Work from home options are becoming the norm and there is a growing desire for creative benefits, instant gratification and recognition for a “job well done.”

Imagine a world where…

  • Every employee is highly incentivized and highly motivated
  • You can measure top performers objectively not subjectively
  • You have a lean effective organization with maximum profit margin

This is all possible with the right data points that deliver effective intelligence to track and measure the work effort of every team member. This strategy can apply to billing staff as well as front office financial clearance and patient financial engagement teams. Sign up to watch the webinar!

About the Speaker

Read Articles by Matt Seefeld, Revenue Cycle Management Expert
Matt Seefeld, EVP and Head of Effective Intelligence, MedEvolve

Matt Seefeld has more than 20 years of management consulting experience in the healthcare industry. He has extensive expertise in the assessment, design, and deployment of process improvement programs and technology development across the entire revenue cycle.

Read more articles from Matt >>

Does administrative waste in your revenue cycle feel like a dumpster fire?

The reality is that current stats related to U.S. administrative waste in healthcare are abysmal, equating to about 30% of total spending waste. In response, healthcare organizations are prioritizing adoption of AI and automation to improve the outlook. This is a step in the right direction, but many, unfortunately, are leaving money on the table because they lack visibility into human generated data.

Read More »

The Future of Generative AI in the Revenue Cycle

Human-generated data is the “secret sauce” to AI’s potential in RCM. The revenue cycle, a cornerstone of healthcare operations, is poised for transformative advancements through generative AI. While traditional AI applications in revenue cycle management (RCM) have leveraged common, system-generated data, the real breakthrough lies in integrating this with human-generated data to unlock unparalleled potential. How does MedEvolve bridge the gap? Explore infographic below.

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What are “wasted touches” in the revenue cycle & how do we prevent them?

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 to doctors and ask them if know how many touches, or people, it takes to get paid for services they provide, they rarely know the answer. It’s also concerning when administrators and executives over the revenue cycle functions don’t have this information.

Read More »

Effective Intelligence Resources

Recorded Webinar
Labor Cost Calculator

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.