HIT Consultant Article – 2024: The Year of Smarter Automation & AI in Revenue Cycle
Healthcare providers need technology that upgrades the limitations of their existing systems to make revenue cycle staff more effective. Matt Seefeld explains.
Effective Intelligence (EiQ) is all about reducing your dependence on labor in the revenue cycle while ensuring the medical billing and front office staff you do need are working effectively and generating the expected revenue to increase your margin with the least amount of work effort. MedEvolve is an effective intelligence company.
Healthcare providers need technology that upgrades the limitations of their existing systems to make revenue cycle staff more effective. Matt Seefeld explains.
Matt Seefeld explores the parallels between Ford’s principles of automaking success & healthcare revenue cycle management.
Top 20 RCM automation vendors were ranked. MedEvolve ranked #1 overall over other nationally-recognized RCM companies and in critical categories such as innovation & optimization, implementation, scalability, data security, and process improvement.
Atlas Healthcare Partners, ambulatory surgery center management company, uses MedEvolve solutions for major improvement to their revenue cycle.
MedEvolve helps healthcare orgs optimize their RCM & medical billing teams to lower collection costs, increase efficiency, & enhance revenues.
Insurance companies are reporting billion-dollar profit margins while providers are finding it increasingly difficult to stay in business.
Matt Seefeld discusses how to solve staffing challenges with incentive-based revenue cycle & implement gamification strategies using Effective Intelligence RCM automation & analytics.
To better empower & motivate revenue cycle teams, provider organizations must have a foundation of real time effective intelligence.
Matt Seefeld offers a specific example of how MedEvolve’s software has led to a remarkable drop in labor expenses & a surge in performance.
Revenue cycle processes & technology in physician practices that have traditionally produced an acceptable bottom line no longer deliver.
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.
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
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
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
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,
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