The Entrepreneur Show: Healthcare Profit Prescription – Matt Seefeld on Revolutionizing the Healthcare Revenue Cycle
Matt Seefeld joins That Entrepreneur Show and shares how to reclaim millions of dollars and revolutionize the revenue cycle.
MedEvolve empowers healthcare organizations with award-winning Effective Intelligence (Ei) solutions. MedEvolve’s Ei solutions include workforce automation and intelligent analytics designed to optimize the entire revenue cycle process from financial clearance to medical billing. With our generative AI engine, these solutions can pin-point exactly where changes are happening in the revenue cycle, good or bad, and tell you why. We do this by tracking and measuring the human generated data – every touch your staff is making in the revenue cycle in the attempt to adjudicate claims.
We believe physician practices should be able to choose the best EHR for their clinicians, and the best practice management software for their administrative staff. This is why MedEvolve Practice Management (PM) software integrates with over 40 different EHR systems. With front office Patient Financial Clearance Automation & back office Medical Billing Workflow Automation included with our PM system, you can get real-time analytics on staff effectiveness and a deep understanding of your entire revenue cycle.
MedEvolve PM offers integrated mobile appointment reminders to help prevent “no shows” and keep your schedule optimized by quickly filling openings from cancelations or reschedules. Additionally, with our waiting room app, patients can check in, make payments, and update their demographic information all while they wait. We offer a complete package of ongoing support, technical and consultative services. We want to ensure our clients are utilizing our solutions efficiently and effectively so they can achieve their full potential, maximize revenue, and reap the benefits of financial and operational improvements.
Matt Seefeld joins That Entrepreneur Show and shares how to reclaim millions of dollars and revolutionize the revenue cycle.
Provider organizations should adopt new methodologies for revenue cycle benchmarks to understand staff effectiveness and where breakdowns are occurring. These include the following measures along with suggested percentages for optimizing
Discovery Behavioral Health increased cash flow by 5.2%, team capacity by 30% & zero-touch insurance payment rates by 13%. How did they do it?
Matt Seefeld, President of MedEvolve, exposes the hidden inefficiencies and financial chaos plaguing the U.S. healthcare system. From denied claims to overwhelmed billing departments, he explains how outdated processes are
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