MedAssist Revenue Enhancement Solution to optimize revenue efficiency and patient financial experience
Louisville, KY – March 10, 2015 – MedAssist, a Firstsource company, today announced the launch of its new end-to-end revenue cycle technology and services suite, MedAssist Revenue Enhancement Solution (MRES™). MRES™ provides comprehensive technology and services to hospitals by optimizing efficiency and enriching the patient experience at all touch points of the revenue cycle.
MRES™ focuses on improving providers’ net patient revenue through enhanced cloud-based technology and superior people expertise. This suite offers a full set of technology-driven solutions, from patient registration to full account resolution, through its MedAssist Patient Access Technology (MPAT™) module.
MPAT™ is a technology and services solution that streamlines and automates the front-end of the provider revenue cycle. As hospitals see an increase in challenges due to a changing payer mix, increased patient financial responsibility, and complex payment models, front-end automation and revenue cycle efficiency will be crucial to increasing collections while improving patient satisfaction scores. Venkat Raman, MedAssist President and CEO said, “This solution is a game changer for MedAssist. We could not be more thrilled at the opportunity to provide this combination of technology and services to our clients that will enhance their front-end revenue cycle processes, maximize patient revenues, and improve the patient’s financial experience.”
Since 1989, MedAssist has been improving revenue cycle performance for healthcare providers throughout the United States. For the eighth consecutive year, MedAssist has earned the prestigious Healthcare Financial Management Association (HFMA) Peer Review designation. Our mission is to leverage demonstrated operational excellence and proven performance track record while treating patients with dignity, compassion and respect for our more than 700 clients.