Medium Article: Matt Seefeld of MedEvolve on the top five trends to watch in the future of work

June 22, 2023
Articles, RCM Effective Intelligence

Gamify your workforce through an engaging reward structure

Helping your employees reach self-actualization can be achieved through the right rewards structure. It must go beyond just wages, and it needs to be fun and engaging. Many organizations tend to do blanket raises, or reward an entire team, but in those cases, you may be rewarding individuals that may not deserve it. This is the wrong mentality. Not everyone gets a participation trophy, but we must be able to identify the folks that are objectively doing a great job and reward those individuals.

Recent Webinars from Matt Seefeld

MGMA Webinar: Reinventing the Revenue Cycle with Ai, Analytics, & New Benchmarks

Healthcare revenue is bleeding margin. Learn how AI, analytics & ruthless performance benchmarks can stop the waste before system flatline.

MedEvolve Benchmarks in Action: The Reports You Need to Track Them—And Hit Them

Discover how MedEvolve’s revenue cycle benchmarks come to life through Effective Intelligence® real-time analytics dashboards.

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

Before Replacing Your Billing System, Fix Your RCM Workflows

Before Replacing Your Billing System – no form

Hospitals and health systems spend an estimated $40 billion a year on billing and collections. A system replacement changes the interface, not necessarily the economics.

In this guide, MedEvolve breaks down why a billing system replacement can leave the real problem untouched. You’ll learn how to tell whether your cost to collect is a platform issue or a workflow issue, how to prioritize claims by financial risk instead of age or balance, and how one MedEvolve customer grew to nine new centers without adding headcount by fixing the work, not the software.

Cover of MedEvolve eGuide "AI Can't Fix RCM Issues You've Never Measured" featuring a businesswoman studying a revenue cycle workflow diagram on a whiteboard.

AI Can’t Fix RCM – no form

Most AI vendor pitches are built around task-completion metrics: claims processed, calls placed, codes assigned, denials ‘worked.’ These numbers are easy to demo and easy to report. They are also, on their own, meaningless.

AI Can’t Fix RCM Issues

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.

Hidden Costs to Getting Paid link

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.

Before Replacing Your Billing System – no form

Hospitals and health systems spend an estimated $40 billion a year on billing and collections. A system replacement changes the interface, not necessarily the economics.

In this guide, MedEvolve breaks