View the recorded webinar to learn why orthopedic practice executives need real time analytics & workflow automation for patient financial clearance & medical billing process. Hosted by American Association of Orthopedic Executives
Staff shortages are wreaking havoc on every industry, especially healthcare. Due to COVID, organizations have been forced to change the way they work. Achieving the needed efficiencies can be daunting for healthcare executives who manage large billing teams across multiple locations – especially remote staff.
William Hefley, MD, orthopedic surgeon, practice owner, & founder of MedEvolve says that running a practice like a business does not come naturally for many physicians. Yet, survival depends on knowledge and transparency into daily operations.
South County Urological has seen COB denials drop 75% and patient payments increase 15% with MedEvolve revenue cycle automation.
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%.
Telling the owners we have to change almost everything in the business was scary for them. The confidence came when we had the reports, we had the analytics, we’re making data driven decisions, and we have a path forward. I couldn’t imagine doing it without Medevolve Effective Intelligence.
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 helped to reduce denials, increase front end patient revenue collections, and has helped tremendously with the efficiency of our office.
Client testimonials with executives from Columbia Orthopaedic, South County Urological & Key-Whitman Eye.
Matt Seefeld, EVP at MedEvolve explains to HIT Consultant how to understand & improve patient financial clearance process.
New platform establishes visual cues and natural automated workflows to improve transparency and increase staff productivity.
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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