MedEvolve Announces Strategic Marketing Relationship with Veradigm to Enhance Revenue Cycle Management Solutions for Healthcare Organizations
April 30 2024 - 9:07AM
Business Wire
MedEvolve, a leading provider of effective intelligence
technology that provides, automation, transparency and
accountability for the healthcare revenue cycle, is pleased to
announce a strategic marketing relationship with Veradigm Inc.
(OTCMKTS: MDRX), a leading provider of healthcare data and
technology solutions. The agreement will make MedEvolve’s Effective
Intelligence (Ei) suite of workforce automation and intelligent
analytics solutions, available directly to Veradigm clients.
Automation is increasingly paramount as healthcare organizations
continue to battle complex challenges in revenue cycle management
(RCM), including ongoing staffing issues. One of the few ways
provider organizations can prevent their margin from eroding is by
automating manual processes to increase zero touch rate – a metric
that represents the rate of claims paid with no human intervention
– and decrease manual work effort. This requires the ability to
measure every touch point in the revenue cycle with the kind of
workforce automation, task management and intelligent analytics
made available through MedEvolve’s Ei suite.
“We are excited to embark on this new strategic marketing
relationship with Veradigm to empower their healthcare clients with
our Effective Intelligence workforce automation and analytics
software," said Matt Rolfes, President and CEO of MedEvolve. “By
joining forces, we aim to drive significant value for Veradigm’s
physician practice clients by providing the added technology they
need to measure every touch point in the revenue cycle, reduce
waste and create capacity for existing staff to claw back some of
their ever-elusive margin.”
MedEvolve’s Ei suite offers modular solutions that can be added
on to Veradigm’s Practice Management and EHR software to optimize
the entire revenue cycle, or specific functions, including
financial clearance, coding and medical billing processes. All
modules are supported by powerful analytics for complete
transparency into every touchpoint in the revenue cycle.
For more than two decades, MedEvolve has been laser focused on
delivering comprehensive RCM solutions that streamline processes,
improve efficiency, and optimize financial performance. By joining
forces with Veradigm, MedEvolve is poised to drive added
efficiency, greater financial stability and significant value for
Veradigm’s provider clients nationwide.
For more information about MedEvolve and its suite of Effective
Intelligence solutions, please visit www.medevolve.com
About MedEvolve
MedEvolve empowers healthcare organizations with award-winning
Effective Intelligence (Ei) solutions. MedEvolve’s Ei solutions
include workforce automation and intelligent analytics designed to
optimize the entire revenue cycle process from financial clearance
to medical billing. These solutions reduce manual work effort and
ensure maximum efficiency with complete oversight and reporting on
every step. MedEvolve integrates with any PM/EHR system providing
unmatched transparency, automation and accountability in the
revenue cycle. Additionally, effective intelligence solutions
enable a remote workforce with task management, performance
tracking and virtual communication tools. Increase margin, improve
net collection rate and reduce overhead costs with effective
intelligence from MedEvolve.
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Kandace Carter medevolve@innsena.com