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.
Gene Austin, CEO of Columbia Orthopaedic Group spoke about the company’s use of MedEvolve RCM workflow automation during COVID-19 pandemic.
Using MedEvolve Effective Intelligence, within 10 months, the organization was able to decrease their accounts receivable over 60 days by 38%, and categorize 87% of claims as low priority by carving out such areas as non-actionable
denial codes.
Using revenue cycle automation for Columbia Orthopaedic Group, automated financial clearance and A/R workflows have improved efficiency.
Using MedEvolve Effective Intelligence, Columbia Orthopaedics decreased RCM staff needs rom 5 to 3.5 full-time employees while decreasing 7-day A/R from month to month, achieving highest collection month on record in December 2019, reducing overall A/R over 60 days by 15%, and decreasing A/R over 60 days by 9.4%.
Using MedEvolve Effective Intelligence technology & experts to save time over billing, coding, payments and other administrative burdens.
Improve your revenue cycle management process by automating your financial clearance processes & accounts receivables management.
By rethinking, and automating, the tasks ahead of a patient visit, practices can strengthen their bottom lines, ease financial and staff stress, and simultaneously improve the patient experience.
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.
Rural hospitals are battling a modern-day Goliath of paperwork, regulations, and financial strain. AI helps—but it isn’t enough.
In rural hospitals, eliminating unnecessary work can free up time for higher-value activities that directly support patient care.
Mark Alyn speaks with MedEvolve CEO Matt Seefeld about why the U.S. healthcare system is confusing, inefficient, & under strain.
Hidden costs of payer denials: how front-end errors and repeated claim follow-ups strain health systems and drive administrative burden.
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