Data Analytics and Reporting brings a level of transparency and insight to what is being accomplished on your behalf.
On the whole, a profitable private medical practice starts with powerful data and analytics. Accordingly, Data Analytics and Reporting is the process of inspecting, cleaning, transforming and modeling data. The goal is to highlight the most useful information. For this reason, the skill and experience to translate data into useful information can be the difference between getting ahead and being left behind.
Today, the best strategic business decisions are not made on a hunch. In fact, they don’t necessarily correlate with historic “best practices”. Consequently, we live in the era of big data. A profitable practice begins with robust and powerful data analytics.
For example, our team of analysts will help you identify trends and track actual vs. insurance allowed amounts. The reports provide detailed data information that is needed to manage your practice and maximize your profitability. Comparatively, this is what sets ebix apart from other Revenue Cycle Management companies. We don’t just expertly code and submit. We help you identify and capitalize on unique opportunities for your practice to maximize profitability.
Client-driven Data Analytics and Reporting includes:
- Tailored reports
- Full charge captures and verification
- Track actual vs. insurance allowed amounts
- Reimbursement variance tracking
- Dictation and documentation feedback
Contact us for a Complimentary Consultation.