Parable Associates Blog
WHITEPAPER: Optimizing Healthcare With Data & BI
Download our latest whitepaper to understand the impact data analytics and BI are making on the fastest-growing, most profitable healthcare practices.
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Healthcare Analytics – How Your Practice Can Benefit
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 ...
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Healthcare Revenue Cycle Management – The Impact of Denials
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 ...
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The Importance of Denial Management in Healthcare
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 ...
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Reducing Eligibility Denials Through the Use of BI
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 ...
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From Slow to Pro with an Experity Business Intelligence Solution
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. ...
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Healthcare Business Intelligence – Experity BI vs Building Your Own Team
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 ...
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Healthcare BI Solutions – Does Specialization Really Matter?
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 ...
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Healthcare Performance Improvement – Goals for the New Year
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 ...
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