Revenue Cycle Solutions Leader Meduit Makes Multi-Million-Dollar Investment in Healthcare AI Solutions

Seasoned RCM Executive Jason Petrasich Joins Meduit to Lead AI Initiative

Charlotte, NC – Meduit, a national leader in healthcare revenue cycle solutions announced today that the company is making a multi-million-dollar investment in artificial intelligence (AI) products and services. The company’s division – MeduitAI™ – is led by Jason Petrasich who joined the company on December 2, 2019. Mr. Petrasich specializes in revenue cycle process design, efficiency and resource optimization. He most recently served as National Vice President, Revenue Cycle for Prospect Medical Holdings, Inc.

Under Petrasich’s leadership, MeduitAI is partnering with clients to build new AI-driven solutions in all areas of the revenue cycle.

“Meduit is committed to delivering transformational AI solutions that help our hospital, health system and large physician group clients accelerate their AR,” said Jeff Nieman, CEO of Meduit. “We’re very pleased to welcome a professional of Jason’s caliber to our team to drive the MeduitAI division with solutions that support our clients’ operational, clinical and financial health.”

MeduitAI’s slate of leading AI solutions are designed to reduce human touches, lower cost, increase accuracy and collect cash faster thanks to more efficient, automated processes. MeduitAI includes the following revenue cycle solutions driven by AI:

• MedAutoCode: Autonomous clinical coding that leverages AI and natural language understanding to eliminate manual processes and increase accuracy;
• Voice Analytics: Analyzes collections calls to hospital and health system patients to drive better patient experiences on behalf of hospital and health system clients;
• Automated Preauthorization: Automatically submits an authorization, including required clinical information, when triggered by a new order or schedule entry;
• Automated Claims Follow-Up: Goes beyond a simple claim status and determines and executes the next action needed in order to get that claim resolved (in development now).

“It is an honor to be part of this esteemed team of revenue cycle solutions experts at Meduit,” said Petrasich. “AI is a productivity game changer for the revenue cycle, and I look forward to working with our clients to efficiently reduce their A/R and accelerate their cash with Meduit’s leading AI solutions.”

About Meduit

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving more than 500 hospitals and physician practices in 46 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a compassionate and supportive approach to working with patients. Meduit significantly improves financial, operational, and clinical performance, ensuring that healthcare organizations can dedicate their resources to providing more quality healthcare services to more patients. For more information, please visit www.meduitrcm.com.