Happiness, Revenue and Balance in Healthcare

Season #1 Episode #108

Favorite quotes of the episode: 

“It all comes down to people process and technology.”

“Healthcare has to realize that if you don’t start running your business like a business then it won’t be relevant.”

“Price transparency is important for the consumer too.”

“One thing that COVID has taught us is that we need to be as lean and efficient as possible.”

“I don’t control outcomes, I only control actions, so what are my actions going to be?”

“It’s amazing what happens when we get the lifestyle and the mission aligned with our values!”

Episode Overview

In this episode, I talk with Matt Seefeld. Matt is the Executive Vice President at MedEvolve, responsible for all RCM operations, data science, and workflow automation solutions and business development. He brings over 20 years of management consulting experience in the healthcare industry with extensive expertise in process improvement programs and technology across the entire revenue cycle.

Matt began his career with Stock & Associates and worked for both PricewaterhouseCoopers and Deloitte Consulting in their healthcare and life sciences practice lines.

In 2007, he developed a business intelligence solution and founded Interpoint Partners, LLC, where he served as Chairman and CEO. In 2011, he sold his business to Streamline Health Solutions where he then served as Chief Strategist of Revenue Cycle and SVP of Solutions Strategy until 2014. Immediately prior to joining MedEvolve, Matt ran global sales for NantHealth.

Additionally, Matt is the founder of myLifeLink, a virtual, global addiction and recovery community, and mobile application. He is also a board member and strategic advisor for a number of healthcare technology companies. He completed his undergraduate studies at the University of California-San Diego where he also achieved NCAA All-American honors three times during his collegiate track and field career. 

TOPICS

  • Matt’s unique career path.
  • You have this incredible expertise and skill set in data science, workflow automation, and process improvement throughout the revenue cycle. How do you make this tangible to those of us who aren’t revenue cycle consultants? 
  • What’s a revenue cycle?
  • What are some really quick tangible solutions or quick checks that practices and businesses can do to see if they are on the right track or need to do some extra digging?
  • What are the most common mistakes you see business owners make in this area?
  • MyLifeLink Addiction Recovery Community

 

5 Questions Segment

Q1. We know that the most successful and happy people have a morning routine, what do you do each morning or evening that sets your day up for success? The first thing I do is set my morning intentions and give myself 15 minutes to sit without technology, to meditate, say a prayer, and center myself for the day.

Q2. What's your definition of Success? You grow when your opportunities exceed your capabilities.  Be in a career where you want to stretch yourself and continue to learn and grow.  Another big piece is balance, there’s more to life than just work.

Q3. What's your definition of Happiness? It’s realizing that I’m perfect the way I am.

Q4. What do you know now that you wish you would have known 10 years ago? You control actions you don’t control outcomes and learning to listen more and speak less.  I can be equally or more effective without traveling. Realizing that what I thought I was supposed to do wasn’t what I needed to do.

Q5. What do you think is the biggest issue facing busy professionals today? Practice slowing down.  It’s not true that the harder you work the better the outcomes you are going to get. The other thing is balance between personal and professional life.  You don’t have to work a 10-hour day.  What does 5 hours of productive time look like?

RESOURCES

Connect with Matt at https://medevolve.com/

LinkedIn at https://www.linkedin.com/in/matt-seefeld-521319/

A Peaceful Warrior, Dan Millman

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