Provider Productivity

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Provider Productivity

Provider Productivity application provides business and clinical leaders with insights into overall organizational health, effectiveness and productivity. The application provides views into visit volumes, trends and E&M billing including variances. Users can compare current performance of these metrics to prior year performance. The application also offers data related to productivity, basic charges, and revenue.

Features

  • Provides leaders and analysts with insights into overall organizational health, effectiveness and productivity
  • Views into visit billing, distinct patient volumes and RVU trends and patterns
  • Compare current performance to benchmarks or prior years
  • Charge and revenue analysis

Benefits

  • Aggregated data comparing multiple measures across a common time frame reduces time needed to compile reports. Drill down capabilities within various tabs provide immediate insight and provide the opportunity for exploration and analysis with deeper detail. The data is automatically updated upon availability, making short term day to day metric management possible. This application links clinical, financial and operational data for key measures which improves accuracy and consistency across the enterprise. The diversity of metrics allows for easy identification of variation related drivers and opportunities for improvement.

Measures

Metrics

  • Visits
  • Distinct Patients
  • Work RVUs
  • Charges
  • Budget Data

See Sample Screenshots of Provider Productivity

Data Sources

  • Professional Billing
  • Patient Encounter
  • Budget Data
  • E&M Benchmarks

Provider Productivity - A Deeper View

Background

Most healthcare organizations are feeling the effects of changing insurance reimbursements, new regulatory requirements, and increasing business costs. How does a clinical director or a practice manager tell what measures are effectively improving things in the long run? How can they better understand the overall health of the practice operations?

What types of problems does Provider Productivity address?

In many organizations, the Finance department is tasked with collecting and combining data from numerous sources to present a unified picture of current performance.

Users

Analysts, clinical directors, practice managers, business managers.

Anticipated Improvements

Aggregated data comparing multiple measures across a common time frame reduces time needed to compile reports. Drill down capabilities within various tabs provide immediate insight and provide the opportunity for exploration and analysis with deeper detail. The data is automatically updated upon availability, making short term day to day metric management possible. This application links clinical, financial and operational data for key measures which improves accuracy and consistency across the enterprise. The diversity of metrics allows for easy identification of variation related drivers and opportunities for improvement.

Success Measures

Opportunity Identification:

  • Identify inconsistencies in E&M coding within services
  • Identify potential increases in revenue by addressing service utilization
  • Identify potential $ saved by addressing gaps in billable hours to avg. billing rates

Process Improvements:

  • 15% improvement in appropriate E&M coding
  • 10% improvement in utilization by provider type volumes