DOWNLOAD EGUIDE

EGUIDE: The Hidden Costs of Getting Paid

The Guide for RCM & Financial Leaders to Reduce Cost to Collect

Identify and Remove Your Hidden Costs to Collect

See which work is producing revenue—and which work is quietly increasing your cost to collect.

In this guide, MedEvolve examines the hidden labor behind every claim, including preventable rework, non-actionable follow-up, denial management, and outsourced inefficiency. You’ll learn how to connect staff activity to financial outcomes and identify where valuable resources are being spent without moving claims closer to payment.

Download the guide to learn:

  • Why traditional RCM metrics fail to capture the true cost to collect
  • Where hidden labor and avoidable claim touches accumulate
  • Which benchmarks can help you evaluate your organization’s performance
  • How to reduce costs using the “See It. Fix It. Prevent It.” framework
  • What steps you can take now to establish a touch-level baseline

 

Effective Intelligence: Our comprehensive RCM automation solution

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.

Recent Posts
Hidden Costs to Getting Paid

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

Read More »