Analytics

Analytics

There’s an explosion of medical data all around us. But we can’t say the same about insight. Our Analytics team can help you methodically use data to drive clinical, financial and business decisions.

“Innovative and forward thinking. Responsive to specific requests for data and analysis.”

- GASTROENTEROLOGY PRACTICE, MASSACHUSETTS
ANALYTICS DASHBOARD

We provide a custom dashboard that helps practice administrators and physician owners visualize and compare changes in data through several indicators:

• Charges vs Payments
• Procedure mix analysis
• Patient volume
• Insurance mix
• Physician case volume
• Carrier specific payment analysis
• Aged Receivables analysis

The dashboard is accessible through the web using a secure user-name and password.

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CUSTOM ANALYTICS

We work with medical organizations and practice management companies to develop custom analytics tools that would help them extract data for various reporting purposes. The analysis is sometimes used for presentations to end-clients or senior management. Public health registries and other compliance organizations require surgery centers to submit compliance data periodically – we write software scripts that help clients avoid manual reporting. Our health IT team provides a rapid turnaround and is able to connect to most practice management systems and electronic health records.

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CLINICAL ANALYTICS

Most medical organizations have access to enormous amounts of data going back to several years. New advances in imaging, EHRs, genomics and wearable devices have created an explosion of clinical data. The challenge for the healthcare industry isn’t access to data any more – it’s our ability to utilize the data at hand.

We have built tools that use underlying data to answer simple questions as: how many female patients above the age of 70 are not on blood pressure medication? Or consider a gastroenterology surgery center finding answers to how scopes have been used over the years. The answers are extremely powerful in helping providers extend themselves better to their patients with greater clinical quality.

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Analytics Case Studies

Achieving Strategic Growth through Optimized Operations

‣ The practice successfully expanded, currently housing three physicians and three assistants.
‣ Closed 90+ insurance AR at 3% at the end of 2015 (industry average for 120+ insurance AR is 12%).
‣ Completed credentialing for all three providers.

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Growing Reimbursements and Volume

‣ Negotiations with TPAs resulted in agreements for 90% payments.
‣ 15% increase in payments from two major insurances due to clean billing.
‣ Overall collections improved by 31% between 2014-15.

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We can conduct quality drills to help you get
a complete picture of your business

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