HIT Consultant Article – 2024: The Year of Smarter Automation & AI in Revenue Cycle
Healthcare providers need technology that upgrades the limitations of their existing systems to make revenue cycle staff more effective. Matt Seefeld explains.
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.
Healthcare providers need technology that upgrades the limitations of their existing systems to make revenue cycle staff more effective. Matt Seefeld explains.
MedEvolve executive vice president Matt Seefeld discusses leveraging technology to streamline the healthcare revenue cycle.
Matt Seefeld explores the parallels between Ford’s principles of automaking success & healthcare revenue cycle management.
MedEvolve helps healthcare orgs optimize their RCM & medical billing teams to lower collection costs, increase efficiency, & enhance revenues.
Matt has extensive expertise in assessing, designing, & implementing process improvement & technology across the entire revenue cycle.
Insurance companies are reporting billion-dollar profit margins while providers are finding it increasingly difficult to stay in business.
Matt Seefeld discusses how to solve staffing challenges with incentive-based revenue cycle & implement gamification strategies using Effective Intelligence RCM automation & analytics.
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 dependence with financial clearance, coding, insurance A/R, & patient A/R automation modules with real-time analytics.
Increase productivity and simplify front & back office processes while keeping your staff focused with our flagship PM system.
“Measuring every touch in the revenue cycle is key to future sustainability—because every touch means money out of your pocket.” ~ Matt Seefeld
Healthcare organizations are already facing razor thin margins, and administrative waste could be the linchpin for future sustainability. Billions of dollars are at stake. I’m always surprised when I talk
Healthcare revenue cycles are primed for the benefits of automation & AI, but many are missing a critical link: human-generated data.
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