Healthcare organizations face unique challenges when collecting patient payments. Increased financial responsibility and limited interaction with patients before or during a visit can make it difficult to collect patient balances. The right tools and technology can help drive more payments and relieve the burden on smaller front and back-office teams to collect.
The shift toward greater patient financial responsibility is not slowing in healthcare. This trend—predicted by experts and underway for several years now—continues to tilt the reimbursement scale away from insurance claims and onto the patient.
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.
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.
Patients are responsible for a huge chunk of their healthcare expenses. Employ proactive tactics & spend less time chasing payments.
Automation available in MedEvolve Practice Management significantly increased user productivity & made the process smooth & reliable.
MedEvolve’s robust practice management software gives Strategic Practice Solutions a robust solution for all their clients.
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.
Combined practice management & electronic medical record software may not be the best choice. Doctors & financial team have difference needs.
Before implementing robotic process automation, you need to understand where humans are getting involved & where breakdowns are occurring. RPA can’t tell you that.
How to identify best healthcare management revenue cycle performers, individually measure & incentivize them, & optimize productivity using Effective Intelligence.
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