How to Get started with Workflow Automation in Your Revenue Cycle

June 7, 2022
eBooks, RCM Effective Intelligence

Six steps to a better bottom line and sustainable future

Evaluate and document your entire revenue cycle process from front to back
Evaluate available technology
Design the optimal RCM workflow
Get started!
Monitor and measure
Ongoing support and process improvement

Staff shortages are wreaking havoc on every industry, especially healthcare

An MGMA Stat poll found 73% of medical practices reported “staffing” as the biggest pandemic challenge heading into 2022. Access to workflow automation tools in both the front office and back office will be key to helping healthcare organizations make the most of available staff resources.

Executives need transparency into workflows to ensure staff – especially remote staff – are not just productive, but also most effective in the use of their time. Revenue cycle leaders must have effective intelligence through workflow automation in place to be able to identify the difference. According to Forbes Human Resources Council:

96% of workers say they would like to either be fully remote or have some level of remote work
95% say they are equally or more productive working remotely than in an office environment
42% would leave for a different employer if remote work policies weren’t prioritized long-term

BLACK BOOK REPORT MedEvolve ranked #1 overall for RCM Automation technology

Five questions to ask before replacing your RCM system – no form

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s never denied can still take six touches and multiple people to get paid, why the industry’s own denial-touch benchmark is missed by a factor of three, and how one ambulatory surgery center management company cut denials 18% and labor dependence 30% by treating claims, denials, and cost as one connected problem.

Five questions to ask before replacing your RCM system

Why Cost Per Successful Payment Should Replace Denial Rate

Why “Cost Per Successful Payment” Should Replace “Denial Rate” – no form

A team can spend 40 hours resolving 200 claims, watch 180 of them pay, and still report a comfortable 8 percent denial rate. That number doesn’t tell you what it cost to get there.

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.

Five questions to ask before replacing your RCM system – no form

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s

Five questions to ask before replacing your RCM system

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s

Why Cost Per Successful Payment Should Replace Denial Rate

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s

Why “Cost Per Successful Payment” Should Replace “Denial Rate” – no form

A team can spend 40 hours resolving 200 claims, watch 180 of them pay, and still report a comfortable 8 percent denial rate. That number doesn’t tell you what it