Cycle Up Newsletters

Welcome to the third and final edition of Cycle Up for 2024. Since our July ...

A large academic medical center with multiple hospitals was ...

In every edition of Cycle Up, we have a ...

Clarity is in short supply in today’s healthcare revenue cycle ...

With the surge in AI-driven claim denials and a shortage of skilled revenue cycle professionals, hospitals and health systems are struggling to ...

As hospitals and health systems continue to face shortages ...

3.7 MILLION!The number of accounts that SARA, Meduit’s Supervised Autonomous Revenue Associate, has worked since being introduced in 2020. SARA is expected to hit the 4-million-account mark by the end of 2024.{{cta('f6f3817c-5e13-48d3-a798-413d3454f02a')}}

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving more than 1,100 hospital and physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving more than 1,100 hospital and physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Hospitals and health systems ...

In each edition ...

Legislative sessions are active nationwide on both the federal and state levels, ...

As we sit just beyond the midpoint of 2024, the technological ...

Last year was an important transitional year for healthcare. ...

As we step into 2024, regulatory agencies and legislators are pushing out numerous rule proposals and bill ...

Is your hospital taking advantage of ...

In each edition of Cycle Up, we sit down with one of the leading voices on the ...

Meduit’s Net Promoter® Score (NPS) for 2023 is in, and we are proud to ...

Did you know you can test the health of your hospital’s revenue cycle in just 1 to 2 minutes compared to your peer of similar size? Find out how your healthcare organization compares with national peer averages now. https://www.meduitrcm.com/calculator/

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at contactus@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving more than 1,100 hospital and physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

Is your healthcare organization taking ...

On Friday, September 22, the Consumer Financial Protection Bureau (CFPB) announced it has ...

In the first three months of 2023, ...

Healthcare systems are slowly recovering from the financial pressures of COVID-19. Though margins are moving in the right ...

While healthcare provider margins are slowly ...

In each edition of Cycle Up, we sit down with one of the leading voices in the company. ...

Healthcare providers nationwide are still grappling with the impact of COVID-19 on staffing ...

If you missed the Meduit/HFMA KY webinar Top Tech-driven Tools Changing the RCM Game, you can watch it now. Learn how healthcare providers are leveraging leading digital tools, artificial intelligence and automation to generate revenue, reduce ...

For the fourth year in a row, Meduit has been named one of the top healthcare revenue cycle companies in the nation based on total contracts data, as reported by Modern Healthcare’s annual survey for 2023. We believe this is because of our dedication to providing innovative solutions, such as technologies driven by ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 1,000 hospitals and large physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

Welcome to the June 2023 issue of Cycle Up. Did you know that ...

While 2022 was the worst financial year in history for hospitals, health systems and physician ...

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) – Marin Health.

In each edition of Cycle Up, we sit down with one of the leading voices in the company. In this issue, ...

Since 2009, Meduit has been an Endorsed Partner to TORCH (Texas Organization of Rural and ...

Comprehensive Consumer Data ...

Meduit’s recent webinars explore the right mix of self-service with full-service solutions to maximize patient reimbursements. You can watch the webinar recordings of An Examination of Self-service vs. Full-service Patient Billing here:

Meduit has completed a recertification of the SOC 1 & SOC 2 Type II audits, illustrating our commitment to security and to delivering high-quality services with internal controls and processes in place. Learn more about SOC 1 & SOC 2 Type II audits here: 

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

Looking back on 2022, hospitals and health systems experienced one of the worst ...

FTC’s New Safeguards Rule Compliance Deadline Extended The FTC’s Standards for Safeguarding ...

As hospital, health system and physician group ...

In each edition of Cycle Up, we sit down with one of the leading voices ...

Meduit’s Net Promoter® Score (NPS) from client surveys for 2022 is in. We are very ...

Modern Healthcare has named Meduit the number one healthcare revenue cycle firm in ...

Hospitals and health systems have lost significant revenue, including bad debt from Medicare accounts, because of ...

Want to learn more about the right balance of self-service and full-service patient billing strategies? Check out our recent and upcoming webinars. We are partnering with HFMA chapters for webinars in March and May. In case you missed our HFMA Kansas webinar in February, you can watch it here.  HFMA Kansas – ...

Did you know that most hospitals are missing as much as $1 million in unclaimed Medicare bad debt reimbursement from CMS? F2 Healthcare (a Meduit company) helps hospital partners identify and collect this revenue that would otherwise be lost.

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

After nearly three years of dealing with the unrelenting impact ...

This article first appeared in the AAHAM Summer Journal and was authored by Jason Petrasich, Sr. VP of AI ...

In each edition of Cycle Up, we sit down with one of the leading voices in the company. In this issue, we’re talking with Randy ...

MeduitAI’sTM technology SARA – short for Supervised Autonomous Revenue Associate – is now performing the work of 100 full-time employees (FTEs) through ...

As we move through the fall season, many states have wrapped up their legislative sessions or are quickly approaching the end of their sessions. Each year we see more ...

A 600+ bed health center with 26 locations across 25 counties in the Southwest changed its patient payment approach from full-service to digital-only ...

Credit ratings for some hospitals and health systems have declined since June, as reported by Becker’s Hospital CFO Report.1 The ...

Episode 3 (Season 2) of Meduit’s award-winning podcast series – The Latest and Greatest in AI for Revenue Cycle Management – is now live. In this podcast, Jeff ...

Meduit has been busy on the webinar front. In case you missed our recent webinars, you can watch them here:

F2 Healthcare (a Meduit company) finds missed revenue 100% of the time from niche accounts such as Medicare and Medicare Advantage. F2 averages $2.2 million in new value found per client. If the F2 team does not find any missed value for providers, there is no charge. Learn more about recovering missed revenue for your hospital or ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

Staffing issues continue to challenge hospitals, health systems and physician groups.

Recently, the Credit Reporting Bureaus Experian, TransUnion and Equifax announced a joint initiative that will significantly change credit reporting ...

Artificial intelligence (AI) has been touted as the answer to driving financial recovery from COVID-19 and accelerating revenue for hospitals, health systems and providers. Has AI lived up ...

Healthcare providers’ revenue reporting processes correctly report most of net revenue. However, missed value from niche, ...

Mountain Park Health Center (MPHC), a large, nonprofit community health center in Arizona providing care to nearly 90,000 residents of Goodyear, Tempe and Phoenix, ...

In each edition of Cycle Up, we sit down with one of the leading voices in the company. In this issue, we’re talking with Darrell ...

Meduit has launched Season 2 of our award-winning podcast series with Episode 1 – Self-service vs. Full-service Patient Engagement Tools. In this ...

Held virtually on March 2-3, the 15th Healthcare Payments Innovations Conference delivered strategies for improved ...

While other RCM companies may over-promise and under-deliver when it comes to artificial intelligence, Meduit’s SARA is delivering exponentially and now doing the work of 60 full-time employees.

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 48 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

COVID-19 has unleashed ...

On November 30, 2021, new rulings from the Federal Consumer ...

Hospitals often struggle with covering the entire back-end of RCM efficiently and cost-effectively. Assigning the ...

Hospitals and health systems nationwide struggle with staffing shortages due to COVID-19, ...

Patient financial responsibility is estimated to represent more than 30% of a hospital’s ...

Greg Rassier has almost 30 years’ experience as a revenue cycle strategist, executive and ...

Patient engagement impacts patient financial health and satisfaction as ...

Meduit’s Net Promoter® Score (NPS) from our client surveys for 2021 has arrived. We are proud to report we’ve ...

Are you looking to advance your career in healthcare revenue cycle management? Meduit may ...

Meduit is growing. In 2020, Modern Healthcare listed Meduit as the fifth largest healthcare revenue cycle company in the nation. In 2021, Modern Healthcare announced that Meduit had become the third largest healthcare revenue cycle company in the country. This is just another illustration of Meduit’s commitment to delivering excellence in RCM ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be ...

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 47 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused ...

COVID-19 continues to create ...

In the February edition of Cycle Up, we reported on the new rulings from the Federal Consumer Financial Protection Bureau (CFPB) that govern debt collection activities, including healthcare bad debt; these rulings become effective on November 30. Generally, the changes address three main components:

Modern Healthcare has named Meduit in the top three U.S. healthcare revenue cycle companies. Every year in September, Modern Healthcare ...

The patient financial experience is a critical part of measuring overall patient satisfaction or dissatisfaction with their medical services provider. While HCAHPS scores are useful for defining patient satisfaction in clinical areas, they do not provide much of a view into the patient financial ...

The protracted nature of the COVID-19 pandemic has revealed systemic weaknesses as well as opportunities within the revenue cycle. Healthcare consultants are in a key position to help hospitals and health systems navigate these challenging times with a broad, strategic perspective that can deliver sustained, positive impact well into the future ...

Olivier Witteveen serves as Meduit’s Senior Vice President of Product Development. In this issue of Cycle Up, we sat down with Olivier to ...

Meduit introduced SARA – short for Supervised Autonomous Revenue Associate – a little over a year ago to solve specific revenue cycle task problems. SARA functions with true machine learning and leverages artificial intelligence and robotic process automation to transform the revenue cycle. Since her launch, SARA has grown from one ...

Meduit One is a proprietary collection process that allows providers to resolve accounts receivable with ease and drive cash to fuel financial health and resilience. Here’s how Meduit One works:

At Meduit, we are always striving to improve processes that allow us to provide the best RCM solutions in the industry. To that end, we have completely redesigned the Meduit Careers webpage to make it easy for job seekers to identify the right opportunities within our organization and learn more about the important work that Meduit is doing to ...

Meduit thought leadership featured in trade journals over the summer months:

Your patients now have a way to easily understand their complex hospital bill. The Patient Concierge app is a downloadable phone app that features a three-dimensional avatar named Eve who walks patients through their hospital bill. To launch the app, the patient simply scans a QR code on the bill. Eve appears and explains every part of the bill ...

AI and RPA are the hot topics across the healthcare revenue cycle industry. In conversations with hospital, health system and physician group leaders, Meduit is responding to questions regarding best practices for:

New COVID-19 cases nationwide have fallen to their lowest level since September, with approximately 38,000 additional ...

Meduit has been out in local markets across the country (virtually and increasingly in person) taking the professional pulse of hospitals, health systems and large physician groups on the urgent RCM issues of our time.  Clearly, top of mind is the financial recovery and the need to urgently improve cash flow and pave a resilient path ...

Are They Really the Answer to Maximizing Revenue?  

Avadyne Health, headquartered in Moline, IL, has joined forces with Meduit. Established nearly 50 years ago, Avadyne Health delivers expertise in patient payment and financial engagement with a complete solution that addresses the needs of patients. They can scale self-pay account resolution and bad debt recovery services for multi-hospital ...

Have You Seen What SARA Can Do?

Meduit Teams Up with HFMA MI Great Lakes 

A recent survey concluded that 83% of small physician practices with fewer than five doctors report that slow payment of accounts from high-deductible health plans is their biggest cash flow hurdle, as reported by Black Book. Can tech-powered RCM solutions help these smaller practices? Yes, they can.

COVID-19 has accelerated the trend toward outsourcing revenue cycle tasks, according to a recent report by Modern Healthcare. Outsourcing at the right time presents a proactive strategy to reduce costs and drive financial recovery. 

At Meduit, our commitment to those we serve goes beyond the day-to-day of how we make a positive impact on ...

SARA – Meduit’s autonomous AI solution – was launched approximately one year ago. Since her birth, she has grown from one application to more than a dozen, and is learning new tasks every week. Her speed in machine learning and advancement is beyond what we ever expected to see, and she is driving measurable results. In one case study, SARA ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 47 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused team that takes a ...

The COVID-19 pandemic has presented a raft of challenges ...

The Federal Consumer Financial Protection Bureau (CFPB) has announced changes to regulations that govern debt collection activities, including healthcare bad debt, which become effective November 30, 2021.

Now that a variety of COVID-19 vaccines have arrived and are slowly making their way into patient arms, it seems like the right time to begin strategizing on recovery as providers are looking to ways to build financially by increasing cash and lowering costs. ...

Bronson Healthcare System has contracted with Meduit for revenue cycle management solutions that leverage ...

Meduit’s Market Share and National Footprint Continue to Grow

An estimated 5.4 million Americans lost their health insurance between ...

Artificial intelligence (AI) is a game-changer for the healthcare revenue cycle process. By ...

Spotlight on Tracy White, Senior Vice President of Human Resources

Meduit has launched Meduit One – an automated, online, virtual collection agency specifically ...

Meduit’s 2021 Net Promoter® Score (NPS) results are in from our clients with a rating of 50, which is ...

Meduit has a robust webinar schedule for 2021, which launched on January 13 in conjunction with the Georgia chapter of the HFMA with the presentation of Navigating AI and the New Revenue Cycle Landscape.

In case you missed our three-part podcast series on artificial intelligence (AI) and robotic process automation (RPA), you can now download the transcripts and you can still listen to the podcasts. Here are links to each of the podcast recordings and ...

Did you know that predictive analytics can significantly accelerate cash? Meduit’s MedProveTM suite of revenue cycle management tools leverages advanced predictive analytics and artificial intelligence to generate 18.4% average increase in ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 46 states. Meduit combines a state-of-the-art accounts receivable management model with advanced technologies and an experienced people-focused ...

Int

Jason Petrasich specializes in revenue cycle process design, efficiency and resource optimization. He leads the MeduitAI

We hear it every day from healthcare providers of all types, “How do I know what artificial intelligence (AI) and robotic process automation (RPA) tools to access to support my revenue cycle, and what kind of impact will these solutions have on my bottom line?” Meduit is here with answers.

Modern Healthcare has named Meduit in the top 5 U.S. healthcare revenue cycle companies. Every year, Modern Healthcare publishes its annual By the Numbers list of the top healthcare revenue cycle firms based on surveys of ...

As part of Meduit’s commitment to continually innovate RCM solutions to help accelerate cash for providers, our team has just launched Meduit One - a new service line designed for healthcare-related individual and small group ...

MedProveTM prediction solutions leverage predictive analytics and artificial intelligence to help providers direct resources smartly, reduce claim denials and work more efficiently with patients who qualify for charity programs.

Did you miss our recent webinars? You can access them here:

Meduit’s family of web bots solves specific task problems for the hospital revenue cycle.

With COVID-19 still front and center, we’re deep into the new normal that is taking shape in hospitals, health systems and physician practices nationwide. In my conversations with healthcare leaders, I’m hearing of the many challenges associated with staff working from home, including the struggle to manage those employees.

Hospitals and health systems are estimated to lose $202.6 billion from March 1 through June 20, 2020, according to a recent report from the ...

Innovations often evolve slowly, but global upheavals caused by events like COVID-19 can accelerate big changes. That is the case with artificial intelligence (AI) and the hospital revenue cycle.

There are going to be many complex challenges facing hospitals and health systems coming out of the COVID pandemic, sadly many of which are going to be health related, but others financially related. We are seeing extreme complexities around multi-tiered government mandates for coverage of care, individual payer rules and each patient's own ...

Before COVID-19 forced conferences to cancel or postpone their events, Robert Hall, VP Regional Sales, represented Meduit at the North Carolina HFMA Annual Conference, which was held March 4-6 in Pinehurst, NC.

As one of the nation’s leading revenue cycle solutions companies, Meduit has a proven track record of driving accounts receivable for patient transport providers. We have published a compelling case study that demonstrates how a nine-state ambulance company accelerated its cash by over 25% by partnering with Meduit.

As hospitals and health systems have responded to COVID-19, on-site RCM workforces have moved to work-from-home arrangements just like ...

As a national leader in healthcare RCM solutions, Meduit can improve accounts receivable performance for any healthcare organization. We invite you to test the health of your accounts receivable process and performance with our RCM Health Calculator.

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on Facebook and LinkedIn for ...

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large 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 ...

Accelerate Cash Flow and Reduce AR Days

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on Facebook and

Due to staffing shortfalls, budget constraints or simply an influx of volume, many providers are leaving some portion of unresolved insurance accounts untouched. If left unworked, those accounts will age out, become less collectable over time and eventually be written off to bad debt.

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’s Grady Health System Team Lends a Hand

What’s Keeping the C-Suite Up at Night and How to Fix It Meduit representatives make it a priority to ...

Healthcare organizations are increasingly challenged with arduous administrative tasks that are necessary to enhance the patient experience, stay in front of compliance and regulatory oversight and drive timely reimbursement. Services such as patient scheduling and pre-registration, determining eligibility for Medicaid and managing ...

As a national leader in revenue cycle management, Meduit is committed to delivering cutting-edge solutions that help customers transform their accounts receivable and accelerate cash. Healthcare leaders across the country are looking to AI as the future of revenue cycle management.

Revenue is the lifeblood of any healthcare organization. When it comes to identifying potential payer issues, patient propensity to pay and patients likely to qualify for charity programs, predictive analytics is an excellent tool to help providers prioritize work and optimize limited human resources.

What are healthcare leaders doing today to lower costs and drive revenue? Read about the hot trends in revenue cycle management in the latest edition of the Meduit news magazine: Cycle Up.

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at info@meduitrcm.com. And be sure to like and follow us on social media: LinkedIn:

Meduit is one of the nation’s leading revenue cycle solutions companies with decades of experience in the RCM arena, serving 850 hospitals and large physician practices in 47 states. Meduit combines a state-of-the-art accounts receivable ...

At Meduit, being the best at delivering core RCM services made us who we are today, but so did listening to our healthcare clients, which is why we are constantly developing new ways to help them achieve and exceed their revenue cycle goals. 

One of the top issues that hospitals face is handling outstanding insurance claim denials. Hospital leaders have reported to Meduit RCM experts that payors often do not even provide a valid basis ...

Nearly a decade ago, Meduit team members Doug Marcum, Senior VP of IT; Randy Tempest, Senior VP of Sales and Relationship Management; and Karla Brown, Sales ...

Have comments or questions regarding an article in this issue or a topic you’d like our editorial team to consider for an upcoming issue? Send us your thoughts at: info@meduitrcm.com. And be sure to like and follow us on Facebook and

By Jeff Nieman

AI is expected to have a big impact on the revenue cycle process by reducing human touches, increasing efficiencies and decreasing costs. At nearly every conference that Meduit representatives have ...

At the Medical Group Management Association (MGMA), the Healthcare Financial Management Association (HFMA) and other conferences across the country, Meduit representatives report that ...

Sandra Locascio

Does your accounts receivable process and performance compare to national peer averages? Take one to two minutes to find out.

The Hospital: Blount Memorial Hospital: a general medical and surgical hospital in Maryville, Tennessee, with 314 beds and Level III trauma center emergency department. Details annually:

Editor’s Note: In each edition of Cycle Up , we hear from a key leader within Meduit to gain insights from top national revenue cycle thought leaders in the industry. In this edition, we sat down with Eric Coats, National Director of Bad Debt Process for Meduit. 

Payor contracts can make or break a healthcare provider’s operation regardless of size. Understanding the fundamentals, the pitfalls, and where you can leverage upsides can ultimately mean more revenues and less ...

How well are your revenue cycle processes working? A good indicator is the age of your accounts from final bill or claim date. Generally, a clean claim gets paid in 30 days or less. If a claim is older than 60 days there is typically something wrong with it, and once you pass 180 days, collectability on that account dips to 5%.