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Embracing a Better RCM Model—and Bottom Line—with Effective Intelligence

8:30 AM - 9:30 AM EDT

Operational margin has moved center stage in terms of priorities for today’s orthopedic practices. Future success hinges on the ability to maximize revenue capture amid severe billing staff shortages and increased patient financial responsibility. Consequently, revenue cycle models must become more “effective” in terms of workflow and oversight. Yet, embracing RCM models built on effective intelligence requires access to deeper insights than EHRs and practice management systems can provide. To overcome this challenge, Washington-based Rebound Orthopedics—the 75-provider group that services the Portland Trail Blazers and Portland Winterhawks—deployed an infrastructure that brings together data from multiple sources to help existing staff execute tasks more effectively. Today the practice is reaping the benefits of having real-time visibility into the effectiveness and bottom-line impact of each revenue cycle team member. This presentation will explore how Rebound Orthopedics laid the needed foundation for realizing better bottom-line performance with fewer FTEs. Executive director Will Mowe, along with MedEvolve’s Matt Seefeld, will demonstrate how smart technology investments are delivering exceptional results—zero touch claims that require no human intervention now account for 62.2% of total, and the practices overall closed balance NCR is 98%, above the industry benchmark of 97%. Participants will learn how the right combination of tools can support remote workforces, provide the needed transparency into day-to-day activity, and optimize workflows around activity that produces the greatest ROI. In addition, presenters will show how financial clearance and digital payment strategies ensure greater success in capturing patient responsible balances.

Speakers(s)

Embracing a Better RCM Model—and Bottom Line—with Effective Intelligence
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Matt Seefeld

MedEvolve

Biography

Matt Seefeld brings 20+ years of management consulting experience in the healthcare industry. He has extensive expertise in the assessment, design and implementation of process improvement programs and technology development across the entire revenue cycle. Matt began his career with Stockamp & Associates, Inc. and worked for both PricewaterhouseCoopers LLP and Deloitte Consulting LLP in their healthcare and life sciences practice lines. In 2007, he developed a business intelligence solution and founded Interpoint Partners, LLC, and later sold the business to Streamline Health Solutions where he then served as Chief Strategist of Revenue Cycle.

Speaker Sessions

Embracing a Better RCM Model—and Bottom Line—with Effective Intelligence
Saturday, Apr 22, 2023 8:30 AM - 9:30 AM EDT

Embracing a Better RCM Model—and Bottom Line—with Effective Intelligence
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Screen Shot 2023-01-14 at 3.18_edited.jpg
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Embracing a Better RCM Model—and Bottom Line—with Effective Intelligence
Screen Shot 2023-01-14 at 3.17.53 AM.png
Screen Shot 2023-01-14 at 3.18_edited.jpg
Screen Shot 2023-01-14 at 3.18_edited.jpg
Screen Shot 2023-01-14 at 3.18_edited.jpg

Embracing a Better RCM Model—and Bottom Line—with Effective Intelligence
Screen Shot 2023-01-14 at 3.17.53 AM.png
Screen Shot 2023-01-14 at 3.18_edited.jpg
Screen Shot 2023-01-14 at 3.18_edited.jpg
Screen Shot 2023-01-14 at 3.18_edited.jpg

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