Matt Seefeld, EVP of MedEvolve, discusses with HIT Consultant why many physician practices are facing a harsh reality as they enter 2022. Revenue cycle processes and technology that have traditionally produced an acceptable bottom line are no longer delivering.
Growing Trends
- Growing labor and staffing complexities
- Need for greater margin
- Disparate data and systems limiting ability to gain intelligence
- Automation of manual processes is key amid resource deficiencies
- Demand for self-service and better patient financial experiences
Revenue Cycle Resources for Physician Practices
Prior authorization in the revenue cycle financial clearance process
Prior authorization (also known as pre-authorization or pre-certification) is the process by which a healthcare provider must obtain approval from a health insurance payer before delivering a specific service, procedure, or medication to ensure that it will be covered.
2025 HBMA Annual Conference
2025 HBMA Revenue Cycle Conference Learn about Effective Intelligence RCM automation & analytics ranked #1 by Black Book Research STOP BY OUR BOOTH Learn how to
2025 MGMA Leaders Conference
2025 MGMA Leaders Conference Learn about Effective Intelligence RCM automation & analytics ranked #1 by Black Book Research STOP BY OUR BOOTH Learn how to reduce
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