Parable Associates Blog
Data Accessibility – How It Impacts Healthcare Practice Operations
In the fast-paced world of healthcare, data accessibility is quickly becoming a necessity. Healthcare providers are no longer satisfied with just collecting data from patient records, billing systems, HR platforms, and marketing analytics. Today’s leading practices recognize that the true ...
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Patient Accounts Receivable – Accelerating The Revenue Cycle
Patient Accounts Receivable – Accelerating The Revenue Cycle Patient accounts receivable (patient AR) is critical to a healthcare practice’s revenue cycle. It represents the outstanding balances owed by patients after insurance payments and adjustments. Efficient management of these receivables ensures ...
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The Top Benefits of Healthcare BI – Are You Missing Out?
Healthcare produces enormous amounts of data every day. However, without structured management, much of it is underutilized. Healthcare BI (business intelligence) is transforming how medical practices operate by turning raw data into actionable insights. By leveraging BI tools, healthcare providers ...
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Healthcare Claim Denial Management – 3 Tips for Improvement
Healthcare claim denial management is a growing challenge for medical practices. A recent article in Medical Economics cited a survey that reported 73% of providers say claim denials are increasing, compared to 42% in 2022. The survey also found 38% ...
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RPA in Healthcare – Next Level Operational Efficiency
Healthcare practices and facilities are increasingly reliant on technology to tackle operational complexities and deliver quality care. Amid this evolution, Robotic Process Automation (RPA) in healthcare is emerging as a transformative solution. By automating repetitive, rule-based tasks, RPA alleviates administrative ...
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Business Intelligence Dashboards: Can Your Practice Benefit?
As healthcare becomes more complex and data-reliant, business intelligence dashboards have become a critical tool for medical practices seeking to optimize operations, enhance decision-making, and improve patient care. They provide an interactive digital interface that gathers data from multiple sources, ...
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Top Reasons to Implement BI in Healthcare Practices
The healthcare industry is rapidly evolving, with data playing a crucial role in transforming patient care, reducing costs, and improving operational efficiency. With this in mind, it’s no surprise that implementing Business Intelligence (BI) in healthcare practices is becoming more ...
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Healthcare BI Software: Is Customization Necessary?
In today’s data-driven world, healthcare practices increasingly rely on business intelligence (BI) software to manage, analyze, and make sense of the vast amounts of data they collect. Whether it’s patient records, billing information, or operational metrics, turning this data into ...
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FREE Business Intelligence Analyst Job description template
Download our free BI Analyst job description template so that you can find someone with the right qualifications to join your team and start delivering insights that will improve your practice’s efficiency and revenue cycle management.
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