Client Story A Houston Based Academic College of Medicine

houston.png
Why the Partnership?
A Houston based academic college of medicine approached MediRevv to assist a renowned institution with its patient accounting system conversion from GE Centricity Business to Epic.

 

bubble-bg-1.png

The Challenge

MediRevv was assigned the responsibility of managing A/R in the legacy system, which increased efficiency and enabled the internal staff to focus exclusively on the successful implementation of Epic.

The Solution

Analysis and Expectations

We conducted a thorough analysis of the expected placements across all financial classes, and presented those findings to the client, along with a detailed forecast of expected cash collections and liquidation. Our transparent approach to pricing ensured proper financial alignment between the two organizations.

As a result, we put forth a proposal with dollars-at-risk to guarantee its commitment to the client’s liquidation goal.

System Expertise

MediRevv’s extensive GE Centricity Business system knowledge was of significant benefit throughout the implementation process. Our experienced staff provided a series of expert recommendations for enhanced system utilization within Epic – all designed to sustain efficient revenue cycle activities.

Exceeding Expectations

Specifically, we assigned troublesome pockets of hard-to-collect A/R.

Again, MediRevv exceeded our expectations. Their command of the revenue cycle, combined with their Midwest work ethic, sets MediRevv apart from their competition. MediRevv has been a great partner throughout the entire transition. When we have a need for revenue cycle management services we will call MediRevv.

Client TestimonialExceptional Understanding

Chief Operating Officer

Academic College of Medicine
MediRevv was brought in to help us liquidate A/R on our GE system as we managed through a conversion of practice management systems. With their exceptional focus and understanding of the revenue cycle, we trusted MediRevv to help us maintain our cash flow through the conversion. They did so by successfully liquidating 99% of the A/R placed, exceeding all cash collection projections. In fact, we were so impressed with their performance that we expanded our MediRevv engagement to support our Epic implementation. "

MediRevv exceeded the expected collectibility & desired liquidation with the following results:
 

Liquidation
99.7% liquidation on over $24m placed with MediRevv
Collection
17.0% collection rate on inventory deemed uncollectible due to age
Efficiency
Increased efficiency for successful conversion to Epic
bg-img3.jpg

The Results

Baylor graph

Download a copy of this Client Story

Read how MediRevv delivered quick resolution of legacy A/R
Download now (pdf)