Hospitals and health systems continue to struggle with staffing and revenue cycle challenges in the post-COVID-19 era. Children’s Hospital of Orange County (CHOC) CA is no exception. CHOC leadership wanted to explore how artificial intelligence (AI) could:
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Driving Cash Faster and Lowering RCM Costs Through Artificial Intelligence
Spotlight on Outsourcing Insurance Accounts to Drive Cash: A Sit-down with Sidonie McDaniel, Vice President of Revenue Cycle Operations
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 Sidonie McDaniel, Vice President of Revenue Cycle Operations, to discuss Meduit’s commitment to investing in and continually innovating its insurance line capabilities. Sidonie is an avid reader, and in her spare time, you’ll find her participating in her book club. A former college athlete, she also coaches boys’ basketball and enjoys spending time with her four grown children and grandson and is looking forward to another grandbaby on the way.
Meduit Named “Endorsed Partner of the Year for 2023” by TMSI
Since 2009, Meduit has been an Endorsed Partner to TORCH (Texas Organization of Rural and Community Hospitals) Management Services, Inc. (TMSI).
Meduit has won the Platinum prize for digital magazine Cycle Up in the Hermes Creative Awards competition for advertising and marketing.
Comprehensive Consumer Data Privacy Laws
As the 2023 state legislative sessions kicked off, nearly 140 bills were introduced across the nation for consideration. Each of these bills would institute different layers of privacy changes. Of those, 25 called for comprehensive consumer data privacy changes. The trend continues to grow each year with a push toward the institution of these sweeping laws in more and more states.
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 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 https://www.meduitrcm.com/about
Rising to the Revenue Cycle Challenges of 2023 from Jeff Nieman, CEO
Looking back on 2022, hospitals and health systems experienced one of the worst financial years on record, according to a report by Kaufman Hall.1 At the same time, payers reported record profits, according to Becker’s.2 When healthcare providers and payer revenues are in balance, both industries benefit, as do patients.