Download our latest whitepaper to understand the impact data analytics and BI are making on the fastest-growing, most profitable healthcare practices.
WHITEPAPER: Optimizing Healthcare With Data & BI Read More »
Healthcare practices are constantly inundated with data, from patient records and treatment outcomes to operational efficiency and financial performance metrics. This vast sea of information is key to transforming healthcare delivery and organizational efficiency. However, the sheer volume and complexity of healthcare data can be overwhelming. The ability to draw actionable insights and implement effective
Healthcare Analytics – How Your Practice Can Benefit Read More »
Healthcare revenue cycle management (RCM) encompasses the entire process, from patient registration and appointment scheduling to claim payment, significantly influencing a practice’s financial well-being. Healthcare RCM involves various functions like patient access, health information management, charge capture, claims management, payment processing, and accounts receivable. Each function has key performance indicators (KPIs) contributing to overall revenue
Healthcare Revenue Cycle Management – The Impact of Denials Read More »
In the healthcare industry, effective claim denial management plays a significant role in a practice’s financial health. Denials – when an insurance payer refuses payment for services rendered – are more common than one might think. They not only disrupt cash flow but also signal potential issues in billing or clinical documentation. Effective denial management
The Importance of Denial Management in Healthcare Read More »
Eligibility denials – those frustrating denials where a patient’s coverage doesn’t line up correctly with their care – are a thorn in the side of practice managers everywhere. These denials stall cash flow, create labor-intensive manual work, and worst-case, lead to services written off entirely. However, they don’t have to be the unavoidable nuisance many
Reducing Eligibility Denials Through the Use of BI Read More »
Efficient healthcare revenue management is paramount, and platforms like Experity play a crucial role in streamlining processes for urgent care centers. Navigating the challenges of revenue cycle management would be a daunting task without the support of such advanced systems. However, sometimes the complexities of the software can cause delays. A common way to streamline
From Slow to Pro with an Experity Business Intelligence Solution Read More »
Healthcare organizations grapple with significant challenges in managing their revenue cycle analytics. Transforming raw data into actionable insights is a complex process, requiring confidence in data integrity for meaningful results. Experity BI was created to address the challenges faced by healthcare organizations in managing their revenue cycle analytics. This comprehensive healthcare business intelligence solution is tailored
Healthcare Business Intelligence – Experity BI vs Building Your Own Team Read More »
The simple answer is yes. Specialization delivers better results. When seeking out services, consumers gravitate toward companies that demonstrate extensive expertise in their particular industry or niche. General experience has merit, but specialized knowledge inspires trust and confidence. The value of specialization is a universal principle, providing greater value to clients across all industries. Because
Healthcare BI Solutions – Does Specialization Really Matter? Read More »
With the new year just around the corner, businesses are evaluating their operations, identifying opportunities for improvement, and setting goals. Healthcare practices are no exception. While their primary focus remains on providing quality care, the importance of being financially sound cannot be overlooked. When setting healthcare performance improvement goals, think about where you want your
Healthcare Performance Improvement – Goals for the New Year Read More »
As a healthcare practice, leveraging data to drive better decision-making is more important than ever in today’s landscape of rising costs and evolving regulations. Building a culture that values data and accountability at all levels of the organization can have tremendous benefits. However, there are specific steps healthcare practices need to take in order to
How to Build a Data Driven Culture in Your Healthcare Practice Read More »
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