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Scorecards offer a cumulative daily performance snapshot of the entire revenue cycle including payer contracts and productivity. They provide the overall view management needs to identify trends, variance against goals and opportunities.
The key performance indicators selected for the scorecard are a summary of several metrics calculated daily and include Actual, Goal, Percent of Goal, Percent of Goal Month to Date and Trend. Status indicators and trending arrows let you see immediately how your revenue cycle is performing. Status indicators are color coded to denote performance levels: red is poor, yellow is below target, green is on target and blue signifies above target. By clicking on any of the indicators or arrows users can drill through to related charts all the way to source information.
Scorecards create a common language, focus and understanding because everyone is looking at the same data. They drive results by keeping your organization focused on enterprise-wide objectives. Scorecards monitor real world execution and map results of that execution back to a specific strategy. This ensures operational processes are supporting the organizations’ strategic financial goals.
Our decision support tools and alerts immediately direct your focus to underperforming areas, eliminating guesswork. Decision Support Scorecards display the status of every KPI, sorted by best and worst performance. Filter by practice, service location, physician, payer, financial class, CPT code group or specialty, then drill down to details.
- Current and projected status indicators
- Powerful drill through analysis
- An executive level summary of performance
- Minimize IT department dependence
- Less time spent gathering and reading reports
- Create management accountability
- Make informed decisions quickly
- Monitor & analyze the effectiveness of strategies
- Focus office on common goals
- Align strategies and goals
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