Practice Management & Revenue Cycle

Sharper data for clearer insights

Parable Associates provides ophthalmology practices with enterprise-wide visibility and actionable insights. We help improve cash collection, track clinical outcomes, and streamline operations through custom reporting solutions designed to meet the unique needs of your practice.
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Challenges

Ophthalmology practices face complex data and operational hurdles that can slow growth and reduce efficiency. These are the common challenges we address:

Surgery Conversion Rates

Tracking the surgical conversion rate, which measures how effectively consultations turn into surgeries like cataract or LASIK, helps gauge the practice’s success in communicating treatment benefits and improving patient outcomes

Patient Volume and Referral Sources

Monitoring patient volume trends, including new and returning patients, alongside physician referral sources, is key to identifying growth opportunities and strengthening relationships with other healthcare providers

Average Revenue per Surgery

Calculating the average revenue per surgery and analyzing procedure mix helps ensure financial health while optimizing service offerings and maximizing the efficiency of surgical schedules

Storied Outcomes

Parable Associates’ ophthalmology solutions provide tailored data and reporting tools that streamline operations and improve financial performance. Here’s what we deliver:

Enterprise-Wide Visibility

Our BI solutions offer a complete view of your practice’s performance, from patient outcomes to financial metrics, enabling informed decision-making

Optimized Cash Collection

We help you streamline reimbursement processes, reducing delays and improving overall cash flow

Custom Reporting Solutions

We build customized dashboards and reports to track clinical outcomes, ensuring you meet compliance standards and improve patient care

How to Use Data to grow from within

Many practice groups underestimate how much data can boost their bottom line. Most aren’t aware or seeking solutions. However, if you relate to any of the challenges below, it’s time to prioritize data and take action.

  • Don’t have BI expertise in-house
  • Need custom reports/dashboards
  • Disconnected systems from M&A
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  • Painful month-end closeout
  • key data personnel leaves
  • RCM is sub-optimal
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case study

Thomas Eye Group operates 20 locations across the Southeast U.S., offering specialized ophthalmology services such as eye exams, LASIK, cataract surgery, and pediatric care using advanced technologies.

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  • Problem

    Needed to find a way to see more patients because each location was doing well from a forward-looking capacity standpoint. However, cancellations and no-shows were costing their practices significant revenue they needed to capture.

  • Parable Solutions

    • Dashboards & Reporting
    • Custom Development
    • Executive Advisory

  • Impact

    We developed custom 3rd-next-available and doctor availability reports to help them optimize scheduling scheduling to help reduce unnecessary staffing costs and drive additional patient visit volume

Clients Love Working With Us

42 North Dental
"Working with Parable is a completely different experience and level of expertise... we're collecting more money than we did before."
Curalta
"It has been fantastic, very responsive and efficient. The team has done a tremendous job driving things forward."
Spire Orthopedics
"When we presented our dashboards to the PE group, their response was 'this is the most advanced analytics we have in our portfolio."
Eye Consultants of Atlanta
"Product is easy to use.  Our doctors are seeing business in a new way very quickly and it's taken away a lot of manual reporting time."
Health Rehab Solutions
"I couldn't be more complimentary of the Parable team.  You all are awesome!"
CRH Healthcare
"The Parable team has been great to work with. You guys are awesome!"
CRH Healthcare
"The Parable team has been great to work with. You guys are awesome!"
CPSI
"The Parable team was a great partner and excelled in achieving the goals we set up. We truly pushed the limits of agile development."
ModMed Boost
"Our client's month-end reporting transformed and they love their new graphs and charts."
Experity RCM
"Parable was able to consolidate three separate queries into one report, reducing our client's time from 3 hours down to 30 minutes!"
NADG
"Powerful reporting from Parable that is beyond my expectations."
U.S. Fertility
"Parable actually cares about being a partner with us, as opposed to some larger groups that will just send over canned materials."

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Practice Management & Revenue Cycle

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