Healthgrades: How AI Can Reduce Common Inefficiencies Contributing to Rural Hospital Closures
Seefeld shares how AI-enabled revenue cycle management solutions are helping rural facilities regain financial stability.
While policy and reimbursement challenges play a role, operational inefficiencies are a major—and often overlooked—factor. From preventable denials to manual workflows, too much revenue is lost before it’s ever collected. AI is helping hospitals change that—reducing administrative burden, improving efficiency, and strengthening financial performance without increasing staff. Read the full article to explore how AI can help rural hospitals stay viable:
Matt Seefeld, Chief Executive Officer at MedEvolve, brings over 24 years of management consulting experience in the healthcare industry. He has extensive expertise in the assessment, design and implementation of process improvement programs and technology development across the entire revenue cycle. Matt began his career with Stockamp & Associates, Inc. and worked for both PricewaterhouseCoopers LLP and Deloitte Consulting LLP in their healthcare and life sciences practice lines. In 2007, he developed a business intelligence solution and founded Interpoint Partners, LLC, where he served as Chairman and Chief Executive Officer. In 2011, he sold his business to Streamline Health Solutions where he then served as Chief Strategist of Revenue Cycle followed by Senior Vice President of Solutions Strategy until 2014. Matt ran global sales for NantHealth and provided consulting services for healthcare technology and service businesses nationwide, prior to joining MedEvolve full-time.
Effective Intelligence combines Patient Financial Clearance Automation, Medical Billing Workflow Automation, and Real-Time RCM Analytics in a cloud-based platform designed to integration with your current EMR/PM technology to measure the effectiveness of your RCM staff.
Review and assess your practice’s financial status in 5 min or less and know exact where you are losing money and why. Measure the work effort of every revenue cycle employee, incentivize and retain your top performers, and help employees that need improvement.
You can prevent most common denials, rejections and write-offs during the scheduling and pre-registration process in advance of the appointment. Configure checkpoints and use central task management to quickly clear patients and keep your front office staffing needs at a minimum.
As team members log in to the web-based application and record each “touch” of a claim, outcome, and next task, key data points are recorded like who completed the task and when, outcome, task notes, internal / external messages sent, collection success and other data points that feed into our real-time analytics.
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.
Seefeld shares how AI-enabled revenue cycle management solutions are helping rural facilities regain financial stability.
Oklahoma awarded $223 million in funding. MedEvolve CEO Matt Seefeld “Rural hospitals need structural change, not just financial support.”
Discover how advanced analytics help identify risks, reduce inefficiencies, & improve sustainability.
MedEvolve CEO explores why healthcare leaders need better ways to measure operational effort amid financial pressure for rural hospitals.
Monday – Friday
7:00 am – 7:00pm CT
2261 Market Street
Suite 93065
San Francisco, CA 94114
