Productivity vs. Effectiveness in the Revenue Cycle: Should You Measure Claims Worked or Employee Outcomes?
Measuring number of claims worked or measuring work effort & successful outcomes? What should healthcare executives focus on with RCM labor?
How Can Healthcare Executives Combat “Quiet Quitting” in the Revenue Cycle?
Give your RCM staff work/life balance by measuring effectiveness not productivity, establishing clear goals & incentivizing top performers, and tie it to a reward system that creates the recognition that this new generation of the workforce needs to have.
PAHCOM Journal: Recession Proofing Your Practice
Matt Rolfes, CEO, MedEvolve, discusses strategies for successful positioning with Effective Intelligence & basing decisions on the right data.
Four Benefits of Swapping Spreadsheets for a Workflow Automation Tool
On a given day, 80 to 90 percent of the active claims in A/R do not need to be touched, so why are billing representatives wasting time on them? Because there is no visibility into which claims need to be focused on to actually generate revenue.
Should you outsource your patient call center?
High call volume, abandoned calls, staff shortage, & high wages could be preventing you from retaining patients, getting paid, keeping margin. Here are some points to consider when choosing a call center vendor.
Shopping for Revenue Cycle Technology Designed to Improve Margin Should be About Value Not Price
When healthcare executives are shopping for technology to improve margin & collections, and reduce staff, don’t ask “How much does it cost?” Instead, evaluate the potential return on investment.
Actions & Outcomes: Revenue Cycle Process Improvements for Higher Margin
If your desired outcome is higher margin in your revenue cycle, but your actions aren’t aligned, you cannot achieve that outcome. The right technology & process guides the right people to success, therefore increasing your margin.
Create a Remote Revenue Cycle Staff & Incentive-Based Work Structure
Web-based technology MedEvolve Workflow Automation & Real Time Revenue Cycle RCM Analytics measures & tracks employee effectiveness. Hire talented staff from anywhere. Reward high performers.
Reduce Bad Debt in the Revenue Cycle with Patient Financial Engagement Strategies
More patients than ever are on high deduction health plans & are responsible for payment of medical bills. MedEvolve can help collect balance with our digital engagement plus U.S.-based call center.
Build a strong A/R strategy in your revenue cycle with automation & real-time analytics
If you want to have benchmark A/R over 60, which is less than 15% and for Medicare less than 5%, then you have to have a technology in place that gives you these types of analytics in real time. So these are not new concepts, but with margins as tight as they are, can you really afford to have A/R that’s not turning over efficiently?
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 Financial 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
Healthcare technology vendors & revenue cycle consultants: how to blend the two for transformative outcomes
Being a vendor can be very frustrating too. For example, when we go in and sell, it’s a very consultative sale. We do not make the promise that by just
Productivity vs. Effectiveness in the Revenue Cycle: Should You Measure Claims Worked or Employee Outcomes?
Measuring number of claims worked or measuring work effort & successful outcomes? What should healthcare executives focus on with RCM labor?
How Can Healthcare Executives Combat “Quiet Quitting” in the Revenue Cycle?
Give your RCM staff work/life balance by measuring effectiveness not productivity, establishing clear goals & incentivizing top performers, and tie it to a reward system that creates the recognition that