Web-based technology MedEvolve Workflow Automation & Real Time Revenue Cycle RCM Analytics measures & tracks employee effectiveness. Hire talented staff from anywhere. Reward high performers.
Effective Intelligence Suite
If your answer was “no”, it’s time to kick your spreadsheets to the curb.
Use revenue cycle analytics and stop spending
of time running reports and mining data.
of time designing and implementing change.
It’s time to Base Your Decisions on Facts, not Feelings.With numbers to back up your decisions, you can feel confident that you’re making the right choice for your practice. Spend more time focusing on implementing the appropriate changes to improve collections.
Revenue Cycle Analytics that helps you benchmark progress
Your revenue cycle analytics solution should give you real-time access to the Key Performance Indicators (KPIs) and specialty specific benchmarks you care about most so you can compare how you’re doing against other similar practices.
MedEvolve RCM Scorecard is an analytics-as-a-service solution that takes the burden of analysis away from you and ensures you get the answers you need quickly with zero headache.
Your dedicated MedEvolve RCM Strategist, will review your Key Performance Indicators (KPIs) and consult with you each month to:
Effective Intelligence Resources
What's your EiQ?
Margin is the key to success in healthcare. You cannot maximize it without real-time metrics in your revenue cycle. Take the 3 minute quiz to find out your Effective Intelligence Quotient (EiQ).
If you want to have benchmark A/R over 60, which is less than 15% and for Medicare less than 5%, then you have to have a technology in place that gives you these types of analytics in real time. So these are not new concepts, but with margins as tight as they are, can you really afford to have A/R that’s not turning over efficiently?
How data analytics and workflow automation transformed revenue cycle for Rebound Orthopedics and Neurosurgery.
With a recession coming, you can’t afford to not know in real time staff effectiveness & net collection rate. Add workflow automation to your PM system. Matt Seefeld explains why.
Download the PDF to learn how to transform your patient financial clearance & medical billing process with Effective Intelligence technology to address staff shortages.
Timely technology, process, & people changes are necessary to maximize net collection rate. Practice management systems are not capable of producing net collection rate in real time, and if you’re not staying above 97% benchmark, you have a problem.
Technology & Services
When healthcare executives are shopping for technology to improve margin & collections, and reduce staff, don’t ask “How much does it cost?” Instead, evaluate the potential return on investment.
If your desired outcome is higher margin in your revenue cycle, but your actions aren’t aligned, you cannot achieve that outcome. The right technology & process guides the right people