MedTek recently announced a new update to its mobile solution for dictating, reviewing, editing and e-signing medical reports. The update adds new features to make dictating and managing reports easier & more efficient for physicians than ever before. Features added in the latest update include: Biometric Login: Enables secure login, saving time and allowing fast…
MedTek, a leading provider of Revenue Cycle Management Services for ambulatory surgery centers (ASCs) nationwide, showcased its solutions designed to promote efficiency and cost savings at the Ambulatory Surgery Center Association Conference; May 15 – 18 in Nashville, TN. “Every Year we have a great time exhibiting at ASCA,” says Randy Biglow, V.P. of Sales…
Timing lags in revenue cycle management (RCM) can prevent healthcare facilities from receiving payments in a timely manner, a definite problem when it comes to efficiency. Eliminating these lags in turnaround time is one of six RCM “fixes” outlined in a new whitepaper from MedTek. The paper, titled “6 Revenue Cycle Fixes Your Team Should…
When electronic health records were introduced, their intent was to drive safer, higher-quality care, empower patients, and even save money. But ten years later, some industry leaders believe EMR/EHR systems have not delivered on those promises. Today, many ambulatory surgery centers (ASCs) are finding less complicated systems to automate chart management more effectively. While nearly 96%…
Innovation has become the name of the game for healthcare facilities grappling with the need to maximize revenue, while maintaining exceptional levels of care quality and patient satisfaction. Having the right technology in place is key to managing your revenue cycle and allowing your facility to thrive during healthcare’s constantly changing environment. Error Detection Just…
While outsourcing a critical part of your business can be scary, healthcare providers who find outside help they can trust often gain improved performance and profitability. The trick to getting good value from a third-party resource is finding the right match for your operation, to minimize any worries about quality control or inefficiency. Revenue cycle…
Inefficient revenue cycle management (RCM) costs healthcare facilities both time and money. This prevents them from pursuing innovation, expansion and improvements in patient care. MedTek believes that the revenue cycle process represents both a challenge and an opportunity for healthcare institutions, as it is a critical area to fix for improved business efficiency and patient…
Last year, on average, healthcare facilities saw their financial margins drop a dramatic 5% because of an inefficient revenue cycle, according to an Advisory Board study. The primary culprits were: underpayments, claim denials, and subpar contract negotiations with commercial payers. Data and analytics are essential for evaluating the health of your revenue cycle, identifying where…
MedTek, a leading national provider of transcription, coding and billing services, introduces Revenue Cycle Edge, a comprehensive solution for revenue cycle optimization. With Revenue Cycle Edge, MedTek has created a seamless workflow for the entire revenue cycle process for healthcare leaders striving for greater efficiency at ambulatory surgery centers, clinics, specialty practices, and hospitals. “For…
MedTek, a leading national provider of revenue cycle solutions, has been named to Becker’s ASC Review as one of the 15+ ASC Revenue Cycle Management Companies to Know. Becker’s Healthcare review network, through trade publications, webinars, e-weeklies, multimedia platforms, conferences, white papers, and more, is considered one of the nation’s leaders for healthcare industry executives.…