Step up your practice with grounded data
Parable Associates brings podiatry expertise to optimize orthotic utilization, enhance diabetic foot care, and track surgical outcomes. Our insights help you improve patient care, streamline operations, and boost financial performance.
Challenges
Podiatry practices face unique data and operational challenges that can impact efficiency and revenue. These are the common problems we address:
Orthotics Utilization Rate
Accurately assessing demand and measuring treatment outcomes for orthotic devices is difficult to scale
Diabetic Foot Care Monitoring
Ensuring compliance with treatment protocols for diabetic patients can be lucrative but is challenging to manage effectively
Huge Denial Rates
High denial rates due to lack of pre-authorizations and treatments not covered by insurance lead to costly write-offs
Storied Outcomes
Parable Associates provides tailored solutions for podiatry practices, helping them overcome these challenges and improve performance. Here’s how we help:
Reports & Dashboards
Our dashboards pinpoint inefficiencies in claims processing and AR management, helping reduce denial rates and improve cash flow
Transformational Consulting
Our expert team works directly with your practice to streamline operations, improve compliance, and increase revenue
BI Team
Gain access to prioritized work queues and real-time insights with support from our specialized data team, helping you make informed decisions
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
- Painful month-end closeout
- key data personnel leaves
- RCM is sub-optimal
case study
Curalta Foot + Ankle operates as the largest podiatry group in the Northeast, with locations across New Jersey, New York, and Pennsylvania. Focused on providing comprehensive foot and ankle care, Curalta combines cutting-edge technology and treatment methods to enhance mobility, reduce pain, and improve overall foot health for its patients.
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Problem
Schedule capacity, payment posting, visit reconciliation, reports, dashboards, denials, root cause analysis – you name it, it needed to be fixed and Parable came to the rescue.
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Parable Solutions
• Dashboards & Reporting • Fractional Analyst • Custom Development
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Impact
Parable developed the drill-downs, work queues, and SOP to increase profitability almost immediately and give management the visibility it needed to drive peak performance and forecast more accurately.
Clients Love Working With Us
"Working with Parable is a completely different experience and level of expertise... we're collecting more money than we did before."
42 North Dental
"It has been fantastic, very responsive and efficient. The team has done a tremendous job driving things forward."
Curalta
"When we presented our dashboards to the PE group, their response was 'this is the most advanced analytics we have in our portfolio.'"
Spire Orthopedic Partners
"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."
Eye Consultants of Atlanta
"I couldn't be more complimentary of the Parable team. You all are awesome!"
Health Rehab Solutions
"The Parable team has been great to work with. You guys are awesome!"
CRH Healthcare
"The Parable team was a great partner and excelled in achieving the goals we set up. We truly pushed the limits of agile development."
CPSI
"Our client's month-end reporting transformed and they love their new graphs and charts."
ModMed Boost
"Parable was able to consolidate three separate queries into one report, reducing our client's time from 3 hours down to 30 minutes!"
Experity RCM
"Powerful reporting from Parable that is beyond my expectations."
NADG
"Parable actually cares about being a partner with us, as opposed to some larger groups that will just send over canned materials."
U.S. Fertility