What can Henry Ford teach us about modern day RCM?

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Discover the parallels between Ford's principles behind his auto-making success and healthcare revenue cycle management

Matt Seefeld explores the parallels between Ford’s principles behind his auto-making success and healthcare revenue cycle management. The synergies underscore the timeless importance of operational efficiency, accountability, transparency, embracing technology, and maintaining a people-centric perspective.

We’ll evaluate strategies that revenue cycle leaders should be implementing today such as:

Unlike 1913, today we have luxuries such as automation and AI that can help realize these strategies. However, understanding when and where to implement AI/automation in the revenue cycle remains a challenge. We will also discuss how executives can leverage AI and automation the right way in the revenue cycle to optimize performance and take advantage of Ford’s basic principles.
About Matt Seefeld

Matt Seefeld, Executive Vice President at MedEvolve, brings over 24 years of management consulting experience in the healthcare industry. He has extensive expertise in the assessment, design and implementation of process improvement programs and technology development across the entire revenue cycle. Matt began his career with Stockamp & Associates, Inc. and worked for both PricewaterhouseCoopers LLP and Deloitte Consulting LLP in their healthcare and life sciences practice lines. In 2007, he developed a business intelligence solution and founded Interpoint Partners, LLC, where he served as Chairman and Chief Executive Officer. In 2011, he sold his business to Streamline Health Solutions where he then served as Chief Strategist of Revenue Cycle followed by Senior Vice President of Solutions Strategy until 2014. Matt ran global sales for NantHealth and provided consulting services for healthcare technology and service businesses nationwide, prior to joining MedEvolve full-time.

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