Parable Associates Blog

Revenue Cycle Analytics - Improve Your Practice's Bottom Line

Revenue Cycle Analytics – Improve Your Practice’s Bottom Line

Revenue cycle management (RCM) is essential to have a successful and profitable healthcare practice. It encompasses all financial tasks from scheduling appointments to collecting payments. Effective RCM ensures that healthcare providers are compensated for their services in a timely and ...
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Healthcare Business Intelligence - The Key to Operational Success

Healthcare Business Intelligence – The Key to Operational Success

Today’s healthcare practices are inundated with data, encompassing everything from electronic health records to operational and financial metrics. The challenge lies in analyzing this immense amount of data to uncover actionable insights that can enhance clinical and administrative operations. Healthcare ...
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Business Intelligence Analysts - Does Your Practice Need One?

Business Intelligence Analysts – Does Your Practice Need One?

In the complex healthcare environment, practices handle a mountain of data daily, encompassing patient records, treatment outcomes, billing information, and much more. However, despite the vast data at their disposal, many practices lack the proper tools or in-house resources to ...
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Planning a Discovery Meeting - Laying the Groundwork for Success

Planning A Discovery Meeting – Laying the Groundwork for Success

Business intelligence (BI) is transforming the landscape of healthcare management by providing critical data-driven insights that can significantly enhance practice performance. These insights can drive improvements across multiple facets of practice operations, from boosting operational efficiency to accelerating the revenue ...
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Dermatology Practice Management: Tackle Common Challenges

Dermatology Practice Management: Tackle Common Challenges

Dermatology practices face a range of challenges today that can impact clinical operations and revenue cycle management. By leveraging data, analytics, and business intelligence (BI), practices can optimize operations, improve patient care, and drive profitability. Here, we discuss five common ...
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Transform Optometry Practice Management with Healthcare BI

Transform Optometry Practice Management with Healthcare BI

Optometry practices face various challenges in today’s healthcare landscape. Streamlining operations and optimizing profitability is essential for success, but managing complexities in inventory, patient care, and billing can be challenging. Business intelligence (BI) provides solutions to these problems by offering ...
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Transform Dental Practice Management with Business Intelligence

Transform Dental Practice Management with Business Intelligence

In the fast-paced world of dentistry, practices must navigate various challenges that can impact clinical operations and revenue cycle management. Leveraging data, analytics, insights, and business intelligence (BI) can empower practices to overcome these challenges and transform their operations for ...
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Business Intelligence Implementation - Bypass Common Challenges

Business Intelligence Implementation – Bypass Common Challenges

The amount of data healthcare practices have to deal with is overwhelming, ranging from patient health records to operational and financial metrics. To navigate the onslaught of information, many practices are implementing business intelligence (BI) solutions. BI promises to transform ...
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Revenue Cycle Optimization: Unlock It With ModMed Reporting

Revenue Cycle Optimization: Unlock It With ModMed Reporting

ModMed provides a robust foundation for practice management. However, to fully harness its power for revenue cycle optimization, it’s often beneficial to customize and enhance your standard reporting tools.  Having the right dashboards allows you to make data-driven decisions, maximize ...
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