Comprehensive

Revenue Cycle Management

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Meduit leads the industry with tech-powered solutions that leverage artificial intelligence and robotic process automation to reduce human touches, drive efficiency and accuracy while accelerating cash. MeduitAI technologies are woven throughout many of Meduit’s solutions along the continuum. The positive demonstrable impact is accelerating at a faster pace than we predicted.

Leveraging our size, strength, experience and compassionate team, Meduit’s all-encompassing array of revenue cycle management solutions achieve cash acceleration for thousands of providers across the country. Our full suite of services can help improve your organization’s financial performance throughout the entire revenue cycle, freeing you to focus on delivering excellence in patient care.

Our comprehensive revenue cycle management solutions set includes:

Business Office Services

MedEBO™: Meduit’s Extended Business Office services target increasing cash flow and resolves accounts receivable before it is written off to bad debt. From insurance balances to self-pay, we offer a wide range of services designed to be a true extension of your office, including:

  • Self-pay Services – Collecting Self-pay and Self-pay after insurance balances. Services can be tailored for specific aging and balance ranges.

  • Insurance Services – Recovering insurance balances from any payor, assisting with resolving denied claims and providing Legacy A/R work down services when converting to a new system platform. Services can be tailored for specific aging and balance ranges.

MedEZPay: For our MedEBO clients, you can also access dedicated patient payment solutions which provide a convenient, flexible and low-cost way for patients to pay medical expenses, while the healthcare provider immediately receives full payment without the need to discount services. All patients qualify, no credit check is required, low interest loans are designed to fit within monthly cashflow budgets and there are no surprise fees or payment penalties. Click here for more information about MedEZPay.

Patient Concierge℠ App: Understanding a hospital bill can be challenging for patients. They often cannot discern what they owe and how to pay it. That is why Meduit offers our Patient Concierge App. When a patient launches the app, an avatar named “Eve” walks them through their bill and explains every part of it, prompting the patient to make a payment or access their account online. Click here for more information about Meduit’s Patient Concierge App.

Collection Services

MedCollect: Bad Debt recovery services, using a combination of digital and human touch, focused on the patient experience.

MedAccuPay™: Identifies unpaid and underpaid balances from closed patient accounts from all types of payors, including government, commercial, and self-funded. On average, we find a full 1% to 2% of a hospital’s net revenue in additional collections and then apply our expertise to collect on those revenues. Fee is on a contingency basis, virtually free of charge, considering you didn’t know about this additional cash. If we don’t find anything, we don’t charge anything. Click here for more information about MedAccuPay.

Consulting Services

MedConsult: Through MBOC, Meduit’s Consulting Services provides an outside view to your internal operations, giving insight to a best practices approach to revenue cycle management.

Claim Denial Solutions

Workers’ Comp: Meduit’s Workers’ Compensation program works with the patient’s employer and workers’ compensation carrier to ensure that workers’ compensation claims are collected accurately and timely.

COMPREHENSIVE RCM BACK-END SOLUTION

MedComplete: Meduit’s full revenue cycle offering will seamlessly provide highly trained staff, proven processes and innovative proprietary technology from initial insurance billing through final account resolution, covering all business office functions.

MedComplete is customizable to meet specific hospital needs and can fix specific holes in the revenue cycle or repair the entire revenue cycle based upon your unique needs.

Utilizing MedComplete, we can increase operational efficiencies and financial results, while enhancing the patient’s financial experience and alleviating your administrative burdens.

Click here for more information on MedComplete.

Patient Access Services

Patient Financial Clearance: Pre-service collections and customer service.

Patient Financing — MedEZPay: for our MedEBO clients, you can also access dedicated patient payment solutions that provide a convenient, flexible and low-cost way for patients to pay medical expenses, while the healthcare provider immediately receives full payment without the need to discount services. All patients qualify, no credit check is required, low interest loans are designed to fit within monthly cashflow budgets, and there are no surprise fees or payment penalties. Click here for more information about MedEZPay.

Insurance Financial Clearance: Checks accounts to ensure that insurance is valid for the patient on the date of service, ensures authorization/pre-certification requirements are met or understood if not met, and obtains patient co-pay and deductible amounts. Each patient can then be classified as cleared and ready for service, or given a high/low risk designation for additional follow-up with insurance and/or the patient prior to the scheduled services being rendered.

Pre-authorization: Leverages artificial intelligence to automatically submit an authorization, including required clinical information, when triggered by a new order or schedule entry.

MedValidate™: Meduit’s MedValidate tech-powered solution handles burdensome administrative tasks for providers so they can focus on providing excellence in patient care.

  • Confirming prior authorization for specialty procedures, high-cost medications, same-day surgeries and more.

  • Confirming appointment, insurance coverage and benefits, registration information and more. Click here for more information about MedValidate.

MedQualify™: MedQualify solution is hands-on, onsite patient eligibility assistance to convert self-pay to qualified Medicaid coverage, which decreases unpaid bills, drives hospital cash flow and increases patient satisfaction. Click here for more information about MedQualify.

Medicare Bad Debt Recovery

Meduit Government Reimbursement: Meduit’s Medicare bad debt recovery solution leverages expert consulting backed by regulatory expertise, collaborative customer services and technology-driven analytics to address missed or lost reimbursements and maximize net recovery. Click here for more information about Meduit Government Reimbursement.

Medicaid Eligibility

MedQualify™: MedQualify solution is hands-on, onsite patient eligibility assistance to convert self-pay to qualified Medicaid coverage, which decreases unpaid bills, drives hospital cash flow and increases patient satisfaction. Click here for more information about MedQualify.

MeduitAI

MeduitAI™: Leverages artificial intelligence (AI) to reduce human touches, lower cost, increase accuracy and collect cash faster thanks to a more efficient, automated process. Click here for more information about MeduitAI.

MedProve™: Predictive analytics revenue cycle solutions that enable providers to prioritize work, optimize resources and accelerate cash. Includes MedProve Patient™, MedProve Payer™ and MedProve Charity™. Click here for more information about MedProve.

SARA: Short for Supervised Autonomous Revenue Associate, SARA is designed to solve specific revenue cycle tasks. Click here for more information about SARA.