Revenue Cycle Management
Because of our size, strength, experience and compassionate team, Meduit is able to provide an all-encompassing array of revenue cycle management solutions that 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:
MedEBO: Meduit’s Extended Business Office services target increasing cash flow and resolve 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:
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 payment upfront without the need to discount services. All patients qualify, no credit check is required, zero to 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.
MedCAP: Meduit’s Conversion Assistance Program allows a healthcare organization’s staff to focus on moving into their new system environment while we provide a steady flow from the existing legacy accounts receivable.
MedCollect: Meduit provides state-of-the-art collection services to hospitals and large physician organizations.
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.
MedSpan: Meduit’s Claim Denials data analytics services and process solutions provides a cloud-based solution for managing your denied claim process.
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.
MedAutoCode: Uses a non-intrusive Clinical Language Understanding (CLU) model to automatically identify and capture every aspect of a patient’s chart with 98% accuracy (human to machine code match). Click here for more information about MedAutoCode.
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.
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