First 3 months with MedEvolve Effective Intelligence, Falck achieved their highest collection months in March & April 2021, up 24% from previous 10 months.
Read our case studies highlighting successful implementation of our RCM technology & services that resulted higher net collection rates, reducing labor costs, and increasing margin.
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.
South County Urological Uses MedEvolve Workflow Automation to Streamline Financial Clearance and Improve the Patient Experience
Since implementing MedEvolve Patient Financial Clearance Workflow, COB denials are down 75%, patient payments are up 15% and point of service collections are up
Analytics and AI-Driven Workflow Automation Enable RCM Centralization and Revenue Growth for MidLantic Urology
Prior to workflow automation, MidLantic anticipated needing to hire 8 employees and create a new department focused solely on A/R to support the centralized billing office. However, by streamlining RCM processes through workflow automation and focusing only on the 10-20% of claims that need to be worked each day, MidLantic cut their anticipated staffing requirements in half without adding a new department.
Key-Whitman Eye Center Improves Revenue Cycle and Physician Satisfaction with Transparency and Automation
Using MedEvolve Effective Intelligence, within 10 months, the organization was able to decrease their accounts receivable over 60 days by 38%, and categorize 87% of claims as low priority by carving out such areas as non-actionable
Using MedEvolve Effective Intelligence, Columbia Orthopaedics decreased RCM staff needs rom 5 to 3.5 full-time employees while decreasing 7-day A/R from month to month, achieving highest collection month on record in December 2019, reducing overall A/R over 60 days by 15%, and decreasing A/R over 60 days by 9.4%.
Using MedEvolve Effective Intelligence technology & experts to save time over billing, coding, payments and other administrative burdens.
“The analytics on the backend are turbo-charging our ability to go after A/R, and that’ll ultimately lead to us to reducing FTEs overall or transitioning staff to other positions within the organization, making us much more effecient.”
Automation available in MedEvolve Practice Management significantly increased user productivity & made the process smooth & reliable.
MedEvolve’s robust practice management software gives Strategic Practice Solutions a robust solution for all their clients.
Technology & Services
Healthcare technology vendors & revenue cycle consultants: how to blend the two for transformative outcomes
Being a vendor can be very frustrating too. For example, when we go in and sell, it’s a very consultative sale. We do not make the promise that by just
Productivity vs. Effectiveness in the Revenue Cycle: Should You Measure Claims Worked or Employee Outcomes?
Measuring number of claims worked or measuring work effort & successful outcomes? What should healthcare executives focus on with RCM labor?
Give your RCM staff work/life balance by measuring effectiveness not productivity, establishing clear goals & incentivizing top performers, and tie it to a reward system that creates the recognition that