The Meduit Innovation Lab Blog

MedComplete: From Initial Billing to Final Account Resolution

Posted by Meduit RCM on Apr 26, 2022 8:00:00 AM

Hospitals and health systems often struggle with covering the full back-end of revenue cycle management (RCM). That is why Meduit has developed MedComplete - an efficient, cost-effective total solution that is customizable and provides superior financial results.

MedComplete is designed to fix specific holes or repair the entire revenue cycle if needed. By putting the back-end revenue cycle under one roof, MedComplete alleviates administrative burdens of hospital RCM leaders with a one-stop-shop solution.

MedComplete works in four steps:

  • Step 1 – Conducting a comprehensive analysis of the revenue cycle to uncover opportunities from initial billing all the way through final account resolution while quantifying improvement
  • Step 2 – Developing a customized plan that increases revenue, minimizes costs, optimizes the return on investment (ROI), and accelerates cash flow
  • Step 3 – Implementing the plan across all RCM touch points, including staff training, process improvement, innovative technology and best practice standards published by the Healthcare Financial Management Association (HFMA)
  • Step 4 – Providing full transparency with access to real-time data for accurate insights into claims, payments, invoices and more, as well as clear tracking and reporting on key performance indicators (KPIs) and service level agreements (SLAs)

MedComplete ensures that hospitals and health systems are able to optimize account resolution, increase revenue and minimize cost while maximizing return on investment.
Learn more about how MedComplete can provide your enterprise with a full revenue cycle solution and game-changing financial results: