METIS DIFFERENCE
Many physician practices are not sure if they should outsource their billing/collection processes or if their internal billing team is maximizing net revenue. The Metis revenue cycle experts will use years of financial turnaround expertise along with forward-thinking analytics to provide Best Practice recommendations and answers to these key questions.
 | Other RCM Firms | |
| Engagement | Unlimited Revenue Cycle Services | Specific Scope; additional fees for add-on services |
| Communication Plan | Customized Communication Strategy with Best Practice Training | Standardize Communication Plan for all clients without training recommendations |
| Vendor Management | Another level of management of all vendor relationships including reviewing cost | No review of vendor relationships if not in the project scope |
| Project Fees | Risk-Sharing Partnership, Minimal Upfront Cost | Hourly rates with add-on fees |
| Post Engagement | On-going relationship which includes industry updates | Focus on new clients |
DATA ANALYSIS
Initial data analysis with ZERO interruption of your team. We use your data, without taking the time of your team.
TRUE PARTNERSHIP
Shared financial risk with little upfront costs for an initial business assessment.
If there are no areas of opportunity for improvement, we will continue to evaluate your business annually
COLLABORATION
Metis works elbow to elbow with people in the practice.
We are in this with you, and will be there by your side to get it right!
Predictive Analytics allow clients to see what’s around the curve
Business Intelligence & Analytics
40% of hospitals are struggling to establish and maintain an analytics team. Our analytics solution is tailored to each client’s needs, rapidly deployed, and easily customized for your specific data requirements.
Robotic Process Automation (RPA)
Becker’s Hospital CFO Report shows an up to 200% increase in team capacity with RPA and up to a 30% reduction in labor costs. Our custom bots can be rapidly created to do repetitive tasks in any part of your revenue cycle.
Accounts Receivable Workflow Technology
If you can’t measure it, you can’t improve it. Metis focuses heavily on optimizing workflows through analysis, focusing on your bottom line in cash collections and total cost to collect.
A/R Cleanup & Denials Management
Through analytics and automation, Metis will rapidly liquidate A/R bottlenecks, increase cash flow, and remediate the root cause of any large-scale A/R problems going forward.
METIS ENGAGEMENT PROGRAMS
We offer customized levels of service depending on our customers’ needs and ongoing endeavors.
From monthly reports to on-demand advisory support, we give our customers the freedom to choose how to leverage our expertise.
| Profit-Sharing Model | Subscription Membership | |
| Digital Patient Engagement |  |  |
| Clinical Performance Reporting by Provider | | |
| Predictive Analytics | | |
| Rate Schedule Reviews | | |
| Managed Care Contracting | | |
| Value-Based Contracting Preparations | | |
| Chronic Care Management Implementation | | |
| Denial Prevention | | |
ANALYTICS AND MONITORING
Provider Performance Monitoring
Working with EMRs and PM systems to optimize functionality, which allows us to answer important business questions, such as:
- How much does my patient volume fluctuate and why?
- How can I reduce my no-show and cancellation rates?
- How do new service lines such as telehealth compare with peers?
Operational Performance Analysis
Metis displaces repetitive manual tasks with automation to allow staff to focus on more value-added services.
- Scheduling Optimization – digital engagement including automating waitlist functionality
- Review Scrubbing Edits – increase First Pass Payments
- Productivity Monitoring – including remote staff
OUTSOURCE MANAGEMENT
Management of Outsourced Vendors
We take on the management of all outsourced services and apply the Relationship-based Business Model. The model takes into account every relationship your practice has and evaluates it based on the value it delivers.
We consider:
- Benefits each supplier brings to the table and the cost of maintaining that relationship versus going with a competitor
- Cost of patient acquisition and retention
- Referral sources and outflow of patient referrals
Interim Leadership & Staffing
Loss of management-level talent and key staff can be stressful for any organization and its people. Metis steps in at the time of transition to support your operational objectives, execute immediate leadership tasks, help you make critical decisions, and find the right person to replace the lost resource(s).
In addition, Metis can provide temporary Revenue Cycle staff to avoid backlogs which impacts cash flow. We thrive in all environments and assist with building a performance-driven culture.
Metis interim leaders and staff can be in place within days as opposed to weeks or months.
On-going Advisory Support
We offer high-impact advisory and hands-on support to manage and improve vendor relationships, step up business and referral sources development, identify and proactively manage a decline in their performance before it becomes a trend.
We provide clients with decision-making support to help them make choices that might have a long-term impact on the practice. We can help select the technology best suited for a customer’s needs and vision and decide whether to add a new service or bring in an additional provider.
Initial Assessment
Let’s start with a Comprehensive Assessment of your business.
Join the Metis Team
Interested in making a difference and being a part of a growing team?