The Meduit Innovation Lab Blog

Recent Posts

February 2024 edition of Meduit’s digital RCM magazine Cycle Up

Posted by Meduit RCM on Feb 22, 2024 11:00:00 AM

This is a critical year for healthcare providers and their revenue cycle health. Though hospital margins are on the rebound, staffing shortages and rising labor costs persist, while claim denials continue to increase at a double-digit pace. Escalating healthcare costs are fueling a need to improve the patient experience in order to drive collections.

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Playing the Claim Denials Game

Posted by Meduit RCM on Feb 21, 2024 9:45:00 AM

Do you feel like your healthcare enterprise is playing a board game and rolling the dice when it comes to managing claim denials? You are not alone. The follow-up process has certainly changed and become a huge burden for providers.

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What’s Coming Down the Road for Healthcare RCM in 2024

Posted by Meduit RCM on Jan 8, 2024 9:00:00 AM

2023 was an important transitional year for healthcare. The COVID-19 federal health emergency has ended, and along with it, government programs such as the Coronavirus Aid, Relief and Economic Security (CARES) Act, that helped mitigate the economic burden on hospitals and providers. 

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Meduit Achieves a Net Promoter Score of 62!

Posted by Meduit RCM on Dec 21, 2023 7:50:27 AM

Meduit’s Net Promoter® Score (NPS) for 2023 is in, and we are proud to report Meduit has achieved a rating of 62. To compare, other companies received these scores:

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October 2023 edition of Meduit’s digital RCM magazine Cycle Up

Posted by Meduit RCM on Oct 26, 2023 8:00:00 AM

At Meduit, we are seeing a gradual but encouraging financial recovery for our hospital, health system and physician group partners. However, staffing shortfalls and rising claim denials continue to hamper smooth operations.

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Strategies for Identifying and Retrieving Missed Revenue – a Meduit Podcast

Posted by Meduit RCM on Oct 19, 2023 7:15:00 AM

While most healthcare providers are seeing stabilizing finances, staffing shortfalls and concerns over long-term financial health still exist. Many hospital leaders are looking to outsourcing and found money solutions in order to maximize financial recovery. That is why we have just launched Episode 3 of our award-winning podcast series – Strategies for Identifying and Retrieving Missed Revenue.

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First of Its Kind Patient Billing Experience Technology Launched by Banner Health and Meduit

Posted by Meduit RCM on Oct 16, 2023 8:00:00 AM

Meduit’s PFX Tracker Pilot Program with Banner Empowers Patients and Providers

Charlotte, NC – With the ever-growing premium placed on the patient financial experience in healthcare, Meduit, the leading healthcare revenue cycle solutions company, and Banner Health announced the results of a year-long PFX Tracker pilot initiative designed to significantly improve the patient billing experience by avoiding surprise billing issues. The PFX Tracker is the first patient billing experience technology of its kind to be utilized by a U.S. hospital.

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Solutions for Staffing Shortages that Accelerate the Revenue Cycle

Posted by Meduit RCM on Aug 31, 2023 7:00:00 AM

Healthcare providers nationwide are still grappling with the impact of COVID-19 on staffing shortages and thin financial margins. That is why we have just launched Episode 2 of our award-winning podcast series – Solutions for Staffing Shortages that Accelerate the Revenue Cycle

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Meduit’s Mighty Give-Back 2023 Donates 7+ Tons of Food and More!

Posted by Meduit RCM on Aug 4, 2023 8:00:00 AM

Employees across our company participated in Meduit’s Mighty Give-Back campaign for 2023, collecting 7 tons of food and other items to be donated to charitable organizations. This achievement represents more than 150% of our overall company goal. 

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Healthcare Costs Predicted to Rise 7% in 2024

Posted by Meduit RCM on Jul 28, 2023 7:30:00 AM

Healthcare costs are expected to rise a whopping 7% next year, according to a new report by PricewaterhouseCoopers (PwC), which also reports that hospitals and physician groups are turning to contract renegotiations with health insurance companies to close the gap.  

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