Medical Practices typically do not have the need to hire a full time Reporting Analyst who can help with providing the analysis owners need to measure operational & financial performance. Medical practice Reporting & Analytics is a low commitment per report fee service that we offer which can aid in practice owners stay on top all the time.
We offer Project based services for data analysis focused on Billing, Coding, RVUs and Claims Analysis. More suitable for a one time deep dive you want to do.
We also offer specific reports based on a fixed fee per report for busy medical practices.
Available Options for Reporting & Analytics (delivered on an agreed frequency for your practice):
- Practice Owner Executive Pack – Monthly report with trends and analysis
- Weekly/ Monthly Revenue Reporting – Billing Performance, Collections, AR Ageing- movement & trends
- Operational Reporting – Custom but here are a few examples:
- Number of appointments made, number of inbound & outbound phone calls (needs a system which supports reporting)
- Number of patients who are on a followup treatment plan but don’t have appointments scheduled
- Claims Management – Speed and accuracy of submission
- Profitability Analysis reports
Reports are presented in Excel or for large volume data we provide online dashboards using Power BI. We can also provide a monthly performance review with face to face meetings with Practice Owner(s) explaining the analysis.
To learn more about how Reporting or additional analytics can help in bringing in efficiency improvements & savings in your practice: