Transform your practice with data-driven insights
Medical practices often struggle with fragmented data and manual processes, limiting their ability to make informed decisions. Parable Associates delivers powerful business intelligence (BI) and data analytics solutions that provide the insights you need to streamline operations, boost revenue, and improve patient care. Unlock the potential of your practice with our data-driven approach – see measurable results today!
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Challenges
Running a specialty healthcare practice presents unique challenges, particularly when it comes to data management and operational efficiency. These are some of the most common issues we help solve:
Incomplete Data Insights
Many practices struggle to gain valuable insights from fragmented data sources, making it difficult to identify the root causes of inefficiencies
Arduous Manual Processes
High manual effort for claim submissions, authorizations, and reporting creates bottlenecks that slow down operations and strain staff
Limited Enterprise Visibility
Practices often lack comprehensive insights into their overall performance due to disjointed systems and incomplete data
Proven Outcomes
With Parable Associates’ RPA solutions, medical specialty groups experience tangible benefits in both operational efficiency and patient care. Our healthcare-focused approach delivers rapid, measurable results.
Streamlined Data Management
By automating data entry and improving visibility, practices gain accurate insights across multiple data sources, enhancing decision-making
Improved Revenue Cycle Efficiency
Faster claim processing and reduced errors accelerate cash flow, while cutting operational costs and boosting bottom-line impact
Optimized Operations
Automation frees staff from tedious tasks, allowing them to focus on high-impact work, improving patient care, and maximizing practice efficiency
Dashboards & Reports
We’ve built reports and intuitive dashboards that make it easy to improve operational and revenue cycle management efficiency. Moreover, we’ve made it easy to schedule automated report delivery to key stakeholders to receive data from these key areas:
- Transactions
- Accounts Receivable
- Operations
- Denials Management
- Budget vs. Actual
- Scheduling
- And more...
BI Accelerators
If you’re looking for a way to improve data visibility and accelerate your time-to-value, look no further than Parables BI Accelerators. We’ve worked with dozens of EMR, PM, accounting, and time-keeping systems so you can plug in and start making improvements in less than one month.
Practice Assessment
Our team will learn everything we can about your current reporting environment and standard operating procedures. When we are done, you will get a report card and action plan detailing ways you can improve your practice, including:
- Operations
- Denials
- Accounts Receivable
- Executive Summary
30 days to ROI
Our process has been refined for years by working with clients and building new BI accelerators. In just four weeks, you will understand where improvements can be made. Unlike other consulting groups that require a long-term retainer, we’ve made it our mission to get to work and start delivering value right away.
- Kickoff workshop
- Executive discovery
- Account & process reviews
- Job shadowing
- ROI & impact calculations
- Documentation & report cards
- Recommendations & action plan
- System redesign
- User adoption & training
- Playbooks & resources
- Process optimization
- ROI realization
- Change management
- Continuity planning
- Deeper practice assessments
- Broader change management
- Detailed action plans and wider integration
- Ongoing support & training
- Monthly executive training
- Quarterly business reviews
- Frequent check-in meetings
Phased Approach
We take a phased approach to our consulting partnerships to ensure that every step of the way, we are exceeding expectations. Most clients who have started with an initial engagement end up extending it – some indefinitely. Our approach is what delivers results and validates long-term partnerships.
Unlock the Stories that are hidden in your data
Parable Associates are healthcare experts with decades of hands-on experience in practice operations and revenue cycle management. Our deep expertise delivers the specific reports you need to measure and grow your specialty practice in these key areas:
