Getting Started
Why wait years and pay more?
Now you can realize the benefits of an advanced financial performance solution immediately without the traditional IT costs and headaches. With MedeFinance, you don't have to carry enormous risk, wait for years, or retain an army of IT consultants. In fact, you can implement our on demand performance management system at less cost and risk than an internal system and actually impact your bottom line next quarter. That's an ROI scenario you can take to the bank. Many healthcare providers begin working with us on a quick revenue improvement project such as working bad debt expenses or denied claims. With practically zero start-up time, we deploy the service and transform hospital work activities in 10-90 days, unleashing the staff on specific problem areas. We then expand the service to meet our clients' specific business requirements and performance needs over time. Start Today Getting started is easy. Contact your local MedeFinance account executive, who will confirm your situation, our fit for working together, and answer your questions. Then just give us a flat extract file of your patient accounting or financial data, and in a few hours you'll be able to view your company's information exactly as you want to see it. Our clients tell us it's like getting an enterprise-wide, multidimensional CAT scan of their financial health. They typically start with a CFO-level dashboard of revenue cycle and financial performance indicators, then drill-down into summary tables, and ultimately into detailed transactions. Then the fun begins. Uncovering stuck payments. Finding surprises before they happen. Just ask our clients. So what are you waiting for? Find out how our solutions built with on demand technology can deliver the same actionable results and metrics as traditional ERP solutions-without costing many thousands more and taking years to return your investment. Achieve Rapid Success Tomorrow Here is just one example of how MedeFinance can help you achieve rapid success. One of our clients, Brenda, is the Patient Financial Services Director at a hospital in Florida. She just started a new job and her employer's systems were unable to provide the kind of information she knew was essential for her team's success. She called MedeFinance and sent us an extract file of her existing patient accounting information. In a couple of days, she was up and running on an adaptive web analytic application using her data to manage her revenue cycle. On the first day the system went live, we found a stuck payment worth more than the cost of the system. In less than 45 days, we tailored the application to her group's specific needs and metrics. We provided summary statistics, pie charts and trending graphs, and the ability to drill down to summary categories-like self-pay, Medicare, denied, discharged but not final billed, and inpatient/outpatient-and then views to the underlying transactions. Now everyone on her team has a dashboard, metrics, and worklists to focus their efforts. The bottom line is in a short period of time, Brenda has led the hospital to reduce AR days and improved cash flow. We're now expanding the use of the service to manage other performance metrics in another part of the hospital. Brenda tells us, "You guys are like the IT department I always wanted!" Contact us today by clicking here.