You can prevent most common denials, rejections and write-offs during the scheduling and pre-registration process in advance of the appointment.
Taking a few minutes at the time of scheduling to verify the patient’s information saves hours of headaches on the backend once the claim is in billing and collections. Unfortunately, many practices do not have a foolproof and consistent method for financial clearance.
Add Medical Billing Workflow Automation to the back office to manage denials and efficiently collect your A/R.
With front office Patient Financial Clearance Automation & back office Medical Billing Workflow Automation added to your current PM/EHR systems, you can get real-time analytics on staff effectiveness and a deep understanding of your entire revenue cycle.
You will have less work and cost in the back office of the revenue cycle to collect from both insurance and patients.
By eliminating errors on the front end, you mitigate the risk of common, avoidable denials (COB, Eligibility, Pre-cert etc.).
Estimate patient responsibility and have an open conversation about cost before the appointment.
of denials that we see in our RCM services business are actually preventable prior to service.
"Since we implemented the financial clearance platform, we’ve completely changed the way that we receive patients. We do everything two to three days prior to the patient coming in, so when a patient arrives at the office, all pre-registration activity is complete. Not only does this improve our financial outlook as a practice, but it allows us to focus on patients’ care when they are in the office."
"MedEvolve Workflow Automation enabled my front office staff to be more successful and it enabled me to choose the right person for the right job. The staff is happy and I'm happy. It's really simplified our lives."
Since implementing MedEvolve Patient Financial Clearance Workflow, COB denials are down 75%, patient payments are up 15% and point of service collections are up
300%.
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.
Interview with Matt Rolfes, CEO/CFO of MedEvolve sharing advice for healthcare leaders trying to maximize their revenue with a reduced staff.
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 dependency with workflow automation, task management, & real-time analytics to increase margin.
Outsource your medical billing to us with over 20 years of revenue cycle experience incorporating Effective Intelligence in house.
Improve patient collection rates with account resolution services: call center, mobile engagement, payment portal & counseling.
Increase productivity and visibility into front & back office processes while keeping your staff focused.
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.
Interview with Matt Rolfes, CEO/CFO of MedEvolve sharing advice for healthcare leaders trying to maximize their revenue with a reduced staff.
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