Reducing administrative burdens in rural hospitals

This is sponsored content from MedEvolve.

Rural hospitals provide indispensable care to their communities, but many face significant financial challenges.

Some of those pressures involve getting claims paid and the administrative complexity in the process.

In this video, Matt Seefeld, the president and CEO of MedEvolve, outlines some of the difficulties and some remedies.

In a conversation at the HIMSS Global Health Conference & Exhibition, Seefeld explains why healthcare leaders need to understand the importance of “touch rates” in claims processing, which essentially translates to how many times a claim is touched before getting paid. Most of those human touches in claims are preventable, he says.

He also outlines why it’s such a headache for rural hospitals, and how they can reduce the burdens on their teams and capture more revenue, without adding staff.

Seefeld says MedEvolve is placing a greater focus on rural hospitals as they face a difficult future.

“I empathize with the situation that these communities are in,” he says. “Because when those hospitals go out of business, and they are going out of business, what happens to that community? Where do they go to get their services?”

While rural hospitals are struggling, Seefeld says they have a path to more financial stability.

“Going out of business and hurting the community is not an option,” he says. “So now we have to get on the offense and control what's in our control.”