Last week, Bart Teague, executive financial director of patient financial services at West Tennessee Healthcare, connected with Joe Goedert of Health Data Management. In the article, Tennessee health system seeks revenue cycle improvement, Bart shares insight on how the MedeAnalytics partnership has aided the health system in their efforts to improve their revenue cycle. Bart highlights how analytics has allowed them to do the following:
- Analyze 4,000 record reviews
- Find $3.7 million in refunds owed
- Win $900,000 in payment appeals
He also discusses what the organization hopes to gain through the continued partnership. In particular, West Tennessee plans to leverage MedeAnalytics’ solutions to improve revenue cycle workflows and develop a more centralized process as patients move through the system. Analytics will also allow the organization to assess the process of creating HIPAA transactions and ultimately, improve point of service collections.
Check out the full Health Data Management article here. To learn how MedeAnalytics can help providers leverage data to improve their revenue cycle, visit our Revenue Lifecycle page here.
Get our take on industry trends
Where Medicare Advantage revenue leaks: The disconnect between RAF, Star Ratings, and MLR
Most Medicare Advantage revenue loss doesn’t show up where finance teams expect it. It’s not a single variance in a report or a clear…
Read on...Rural health transformation needs more than funding. It needs measurable results.
Rural health transformation succeeds when leaders can connect investments to measurable improvements in access, quality, cost, and sustainability. Doing so…
Read on...Why Medicare Advantage member churn is a lagging indicator
By the time a Medicare Advantage member switches plans, the conditions influencing that decision may have been developing for months.…
Read on...The Medicare Advantage retention gap: Turning member experience into a growth strategy
Growth in Medicare Advantage has become increasingly difficult to sustain. Acquisition costs are rising, competition is intensifying, and members are…
Read on...