Meduit is dedicated to bringing you news and information about the hot trends in revenue cycle management. That is why we’re pleased to unveil the latest edition of the Meduit news magazine: Cycle Up.

Meduit recently launched MeduitAI™, a one-of-a-kind suite of revenue cycle solutions powered by artificial intelligence. Clearly AI is on the minds of healthcare executives based on this OptumIQ Annual Survey, which matches what we are hearing from hospital executives across the country.

We are pleased to announce that CMRE Financial Services, Inc. has joined forces with Meduit effective February 7, 2020. Together, the two companies will be able to leverage our broad and complementary RCM capabilities to provide more solutions to clients from the beginning of a patient’s account all the way through collections with exceptional patient-centered customer services.

Artificial Intelligence (AI) is expected to transform the healthcare revenue cycle. As a revenue cycle solutions leader, Meduit is setting the pace with AI products and services that elevate accounts receivable and accelerate cash. To that end, Meduit is pleased to announce the launch of MeduitAI™ - a line of AI solutions that support the revenue cycle needs of the healthcare industry.

The recent AHA Executive Forum in Chicago spotlighted the impact of artificial intelligence (AI) on healthcare and opportunities that AI affords providers. Randy Tempest, Senior Vice President of Sales and Relationship Management, and Doug Marcum, Senior Vice President of Technology, represented Meduit at the event as hospital and health system thought leaders from organizations across the country gathered to gain insights into how AI is transforming healthcare.

Medical billing errors and coding issues, such as failing to use updated code sets and bad or missing documentation, can lead to claim denials and payment delays impacting healthcare providers financially. According to one study, up to 90% of medical bills contain errors that are cumulatively estimated to be worth $750 billion a year. By reducing human touches, Artificial Intelligence (AI) is playing an increasingly critical role in streamlining healthcare processes, including medical coding, to improve coding accuracy and documentation while reducing costs and driving revenue. Learn more in our latest Issue Brief about how technologies, like MedAutoCode, are leveraging AI with autonomous coding to improve coding accuracy with zero human interaction.

Seasoned RCM Executive Jason Petrasich Joins Meduit to Lead AI Initiative

Meduit is dedicated to making vital contributions to the financial, operational and clinical health of hospitals and large physician practices by delivering expert, efficient and innovative RCM solutions. That is why we've launched three new revenue cycle solutions that help accelerate cash for healthcare providers: MedScheduling, MedQualify and MedValidate.

Recent Michigan events focused on charting the course to the future of healthcare. A well-attended panel at the East Michigan HFMA Fall Conference addressed how changes in healthcare, particularly hospital mergers, are impacting providers and how providers can best prepare for and plan for the future of the industry.

Bret Whatley, Regional VP of Sales South, and Janice Ridling, Sales Advisor, represented Meduit at HFMA conferences across the southern states, including the Georgia HFMA Fall Institute in Savannah November 6-8, the HFMA Region 9 Conference in New Orleans November 10-12, and the Alabama HFMA Fall Institute in Birmingham November 14-15.