The Meduit Innovation Lab Blog

Meduit RCM

Recent Posts

October 2021 edition of Meduit’s digital RCM magazine Cycle Up

Posted by Meduit RCM on Oct 21, 2021 11:58:29 AM

Throughout the pandemic, Meduit has been pounding the drum of artificial intelligence (AI) and robotic process automation (RPA) innovations combined with our tried-and-true revenue cycle solutions as ways to help healthcare providers of all types and sizes survive financially and position themselves for post-pandemic prosperity.

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Don’t Write Off Bad Debt

Posted by Meduit RCM on Sep 23, 2021 8:00:00 AM

Meduit One is a virtual collection agency that resolves accounts and drives cash to the bottom lines of physician and specialist practices, dentist and veterinarians.

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Topics: bad debt

Don’t Write Off Bad Debt

Posted by Meduit RCM on Sep 23, 2021 8:00:00 AM

Meduit One is a virtual collection agency that resolves accounts and drives cash to the bottom lines of physician and specialist practices, dentists and veterinarians.

By leveraging Meduit One, a 15-bed, short-term, acute care hospital in the Southwest reduced the average age of its unresolved accounts and expedited resolution of those accounts.

The hospital achieved:

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The Challenges of Collecting on the Patient Portion of Medical Bills

Posted by Meduit RCM on Sep 15, 2021 8:00:00 AM

Meduit analyzed results driven by self-service-only technologies compared to a blend of self-service and human-based customer service/call center collections. A case study at a multiple-hospital health system revealed that after one year of self-service technology deployment, total patient cash increased by 13%. BUT there’s a catch.

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Benefits of Meduit One’s Client Access Web

Posted by Meduit RCM on Aug 26, 2021 8:00:00 AM

Meduit One Full

 

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Topics: Meduit One

The Challenges of Collecting on the Patient Portion of Medical Bills

Posted by Meduit RCM on Aug 11, 2021 8:00:00 AM

Meduit analyzed results driven by self-service-only technologies compared to a blend of self-service and human-based customer service/call center collections. A case study at a multiple-hospital health system revealed that after one year of self-service technology deployment, total patient cash increased by 13%.

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Topics: AI

Meduit’s Eve Patient Concierge App Helps Patients Understand Their Hospital Bills

Posted by Meduit RCM on Aug 5, 2021 8:00:00 AM

Hospital bills can be confusing and overwhelming, impacting timely patient payments. Not only do patients benefit from help understanding their bills, hospitals and health systems need to collect the patient portion of medical bills in order to stay financially healthy.

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Topics: Eve App

Leveraging Outsourcing to Drive COVID-19 Recovery

Posted by Meduit RCM on Aug 2, 2021 8:00:00 AM

COVID-19 has accelerated the trend toward outsourcing revenue cycle tasks, according to a recent report by Modern Healthcare. Outsourcing at the right time presents a proactive strategy to reduce costs and drive financial recovery.  

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Topics: Outsourcing

State-of-the-Art Technology to Improve the Patient Financial Experience

Posted by Meduit RCM on Jul 29, 2021 8:00:00 AM

As hospitals, health systems and physicians know, the patient financial experience is a critical part of overall patient satisfaction or dissatisfaction with their medical services provider. HCAHPS scores are useful for defining patient satisfaction in clinical areas, but HCAHPS scores don’t provide a view into the patient financial experience.

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Topics: Voice Analytics

Fueled by AI, SARA Solves RCM Task Problems

Posted by Meduit RCM on Jul 28, 2021 8:00:00 AM

Have you met SARA? That’s short for Supervised Autonomous Revenue Associate, and she works 24/7 with no downtime to solve specific revenue cycle task problems.

SARA leverages artificial intelligence and robotic process automation to transform the revenue cycle. She functions with true machine learning. Since her launch about a year ago, SARA has grown from one application to more than a dozen. She’s learning faster than we ever imagined.

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