Make the most out of limited staff & optimize bottom line with Effective Intelligence
How data analytics and workflow automation transformed revenue cycle for Rebound Orthopedics and Neurosurgery.
The Power of Effective Intelligence to Overcome Revenue Cycle Management Challenges
Reduce your dependence on labor to combat staffing challenges. 73% of medical practices rank staffing as their biggest challenge and 76% are making operational changes due to shortages. (MGMA).
Why Your Practice Management Software Can’t Track RCM Employee Effectiveness
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.
How to Get Your Net Collection Rate to 97% Benchmark
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.
Reduce Medical Billing Labor Dependency by Improving Patient Financial Clearance Workflow
If we can focus on front office pre-registration financial clearance, you will reduce your labor dependence on the back office in medical billing and claims processing.
2022 MGMA Leaders Conference
Join MedEvolve for the 2022 MGMA Leaders Conference on October 9-12, 2022 at the Boston Convention & Exhibition Center.
RPA vs. EiQ: Why Robotic Process Automation can’t replace Effective Intelligence in revenue cycle management
While RPA may be important for the organization, if you don’t know where, and to what extent your revenue cycle staff are putting in their most effort and getting involved, you may be spending a lot of money and IT time doing integrations that won’t yield the results that you expect. With Medevolve Effective Intelligence, we are focused on one thing which is margin.
Patient Financial Clearance: Reduce Denials & Hold Front Office Staff Accountable
When I ask clients, “Are all the scheduled visits coming in for Monday cleared based on the six points I just told you?”, the answer is “I think so”, but “I think so” doesn’t work anymore. “I think so” gets you overstaffed. “I think so” gets your net collection rate to be far below benchmark, which is negatively impacting your profit margin.
How labor dependent is your revenue cycle process?
How does labor staff demands like shortages, high turnover, more salary, better hourly rates, affect your margin? Matt Seefeld shows us how to measure work effort with real-time analytics that show where the breakdowns occur – denials? billing edits? coding?
How to overcome 3 top revenue cycle challenges in 2022
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.
Technology & Services
Effective Intelligence
Reduce RCM labor dependency with workflow automation, task management, & real-time analytics to increase margin.
Medical Billing Services
Outsource your medial billing to us with over 20 years of revenue cycle experience incorporating Effective Intelligence in house.
Patient Engagement
Improve patient collection rates with account resolution services: call center, mobile engagement & counseling.
Practice Management
Increase productivity and visibility into front & back office processes while keeping your staff focused.
Recent Posts
Make the most out of limited staff & optimize bottom line with Effective Intelligence
How data analytics and workflow automation transformed revenue cycle for Rebound Orthopedics and Neurosurgery.
The Power of Effective Intelligence to Overcome Revenue Cycle Management Challenges
Reduce your dependence on labor to combat staffing challenges. 73% of medical practices rank staffing as their biggest challenge and 76% are making operational changes due to shortages. (MGMA).