
The Entrepreneur Show: Healthcare Profit Prescription – Matt Seefeld on Revolutionizing the Healthcare Revenue Cycle
Matt Seefeld joins That Entrepreneur Show and shares how to reclaim millions of dollars and revolutionize the revenue cycle.
The future success hinges on the ability to overcome growing revenue cycle challenges, such as severe staffing shortages and increased patient financial responsibility. Productivity alone will no longer suffice. Revenue cycle models must evolve to embrace the concept of effective intelligence, a model that enables users to execute tasks more effectively and measure the financial outcomes of work effort. Providers need to have real-time visibility into their effective intelligence quotient and the impact of each revenue cycle team member.
This session will explore the journey Washington-based Rebound Orthopedics & Neurosurgery, a 16-location, 75-provider group, took to lay the foundation to support effective intelligence, improving net collection rate and reducing avoidable write-offs. Smart technology investments support remote workforces, provide needed transparency into day-to-day activity, and optimize workflows around activity that produces the greatest ROI. Financial clearance and digital payment strategies ensure greater success in capturing patient balances and improving overall patient financial experience.
Matt Seefeld joins That Entrepreneur Show and shares how to reclaim millions of dollars and revolutionize the revenue cycle.
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.
Provider organizations should adopt new methodologies for revenue cycle benchmarks to understand staff effectiveness and where breakdowns are occurring. These include the following measures along with suggested percentages for optimizing revenue cycle processes.
MedEvolve ranked #1 overall and in 12 out of 18 categories. Download the report and compare to our 2023 #1 rankings.
In the ever-evolving landscape of healthcare RCM, principles of automation & AI are ushering in a new era of efficiency and optimization.
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.
Matt Seefeld joins That Entrepreneur Show and shares how to reclaim millions of dollars and revolutionize the revenue cycle.
Provider organizations should adopt new methodologies for revenue cycle benchmarks to understand staff effectiveness and where breakdowns are occurring. These include the following measures along with suggested percentages for optimizing
Discovery Behavioral Health increased cash flow by 5.2%, team capacity by 30% & zero-touch insurance payment rates by 13%. How did they do it?
Matt Seefeld, President of MedEvolve, exposes the hidden inefficiencies and financial chaos plaguing the U.S. healthcare system. From denied claims to overwhelmed billing departments, he explains how outdated processes are
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