Using Power BI Analytics to Increase Revenue
By utilizing analytical solutions with Microsoft’s Power BI, ReMedics provides our Practice Group clients with data visualization tools that help them to make informed revenue cycle decisions. By identifying and addressing negative trends and inconsistencies in key RCM areas, these reporting tools can help to develop process and technology changes that lead to permanent cash flow improvements.
ReMedics Power BI Analytics includes scorecards that identify specific areas in need of attention. Customized management dashboards help to analyze where revenue is being delayed or lost completely. These scorecards and dashboards drive measurable change to key performance indicators (KPIs), helping clients to visualize their payment processing efficiency and discover missed revenue opportunities. In many cases, we will also incorporate SQL Server Reporting Services (SSRS) integrated with Power BI. These combined platforms can provide a complete 360-degree view of the business from diverse sources.
ReMedics Reporting Features & Benefits
Our reporting & analytics capabilities can help to analyze important trends, such as denials, by individual payers, business units, physicians, specialty groups and more. Key features and benefits include:
• Systems integration experience with all major practice management systems
• Ability to connect with disparate data sources
• Customized scorecards for each revenue cycle area
• Accelerated decision making with real-time data visualization
• Denials scorecard by payers, physicians, business units and locations
• Analytic data available from desktop, tablet or smartphone
• Ability to share scorecards with all department managers
• Options for self-serve reporting & dashboard manipulation
Talk to ReMedics about improving your operations and revenue cycle processes for your organization. Contact us online — or call 440-671-7700.