The Meduit Innovation Lab Blog

Recent Posts

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.

Read More

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

Read More

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. 

Read More

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.  

Read More

Conquering Staff Shortages with AI and Automation

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

U.S. hospitals and health systems are still struggling with staffing shortages, creating challenges for delivering patient care and negatively impacting the revenue cycle. The staffing crunch means fewer human resources are available to resolve accounts receivable and drive needed revenue. This is where artificial intelligence (AI) solutions can help.

Read More

Medicaid Disenrollments Top 1 Million

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

The federal government’s “continuous enrollment provision,” which was part of the Families First Corona Virus Response Act that went into effect in March 2020, has now ended. As a result, more than a million people with Medicaid have lost coverage as of June 12, 2023, according to a new article in Becker’s. 

Read More

Get a Seamless Extension of Your Hospital Business Office

Posted by Meduit RCM on Jun 21, 2023 7:00:00 AM

Is your hospital, health system or physician group challenged by thin financial margins and staffing shortages? Meduit can help with our Extended Business Office (EBO) services. We work as a seamless extension of your business office to streamline your revenue cycle processes, improve cash flow, reduce AR days and enhance the overall financial health of the organization. 

Read More

Maximizing Cash Flow Through Insurance Outsourcing – a Meduit Podcast

Posted by Meduit RCM on Jun 12, 2023 8:00:00 AM

Hospitals and health systems across the country are struggling with thin financial margins and staffing shortages that negatively impact the revenue cycle. That is why Meduit has just launched Season 3 of our award-winning podcast series with Episode 1 – Outsourcing Insurance Accounts for Maximum Cash Flow.

Read More

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

Posted by Meduit RCM on Jun 8, 2023 7:00:00 AM

Razor-thin margins and staffing shortages continue to negatively impact hospitals, health systems and physician groups. To trim costs, many healthcare organizations squeeze their revenue cycle management (RCM) budgets and opt for low-budget solutions that only deliver short-term gain.

Read More

How the Combined Healthcare Organizations Reduced AR Days to an All-time Low

Posted by Meduit RCM on May 25, 2023 7:00:00 AM

Resolving accounts receivable in a timely manner to maximize revenues is a common challenge among healthcare organizations. That was the case with the University of California San Francisco (UCSF) and Marin Health.

Read More