Avelead creates innova- tive technology solu- tions that automate
and improve revenue cycles
in healthcare. “With our software and solutions, we develop focused plans, and provide tools to deliver results,”
says Jawad Shaikh, Executive
Director of Avelead. “Our
proprietary resources ensure
high quality, metric-based
implementations.” Shaikh sat
down with Consulting to discuss the firm’s financial performance, growth rate, overall
outlook and its place among
the profession’s Fastest Growing Firms.
Consulting: What were the main
factors that contributed to your
firm’s exceptional growth?
Shaikh: We believe that experience is the main contributor to
Avelead’s growth. Avelead understands that technology should
never be a “one size fits all”. With
the proper tools and methodology,
we evaluate each client’s needs
and take a consultative approach
to set them up for financial and
Consulting: How is this year
shaping up for your firm?
Shaikh: 2019 was a great year for
Avelead in terms of growth and
technology. While doubling in
employees and revenue, we additionally released REViD, our new-est healthcare software solution
that keeps the end user in mind.
REViD, as part of our MBAT Pla-form, ensures there are no billing
gaps, making charge reconciliation more efficient for healthcare
facilities and leaving little room
for human error.
Consulting: How would you
describe your firm’s outlook for
2020? Where do you see the most
Shaikh: Our 2020 outlook is focused on advancement in the financial and revenue cycle area.
Avelead has already taken strides
to revolutionize processes in
healthcare by looking at the big
picture: before automation of
technology can take place, current
performance needs to be evaluated and brought up to speed. We
are big believers in the Robotic
Process Automation (RPA) approach and see this as an opportunity in the health of clinically
driven revenue cycles.
Consulting: What would you say
are your firm’s biggest challenges
Shaikh: With the growth and de-
mand in the financial and revenue
cycle area, more and more hospi-
tals are finding an interest in man-
aging revenue neutrality through
our software implementations.
Keeping up with the demand and
scalability will be our biggest
challenge next year.
Consulting: What does being
named one of Consulting’s Fastest
Growing Firms mean to your
firm, your employees and your
Shaikh: Being named as one of
Consulting magazine's Fastest
Growing Firms gives us the idea
that we are headed in the right
direction. Avelead’s primary goal
is to listen and expand on our
clients’ needs while building on
them to provide solutions. We
hope to continue implementing
our solutions to more hospital
acute and ambulatory health systems across the nation to transition them into clinically driven
1,808% HQ: SUWANEE, GA FASTEST GROWING