Solution will help physicians optimize scheduling to improve financial performance.
Miami, FL, November 5, 2013 – dashboardMD, a leading provider of business intelligence reporting solutions for healthcare, announced today the availability of a new turnkey analytics module that allows a medical practice to analyze patient scheduling and improve financial performance by optimizing the scheduling of appointments. A critical financial factor, which many medical practices overlook, is how patient scheduling affects their bottom line. An AMA Report reiterates the importance of patient scheduling analysis and the significant impact that no-show rates can have on the financial success of a physician practice.
dashboardMD’s new Appointment Analytics solution provides a comprehensive view of a medical practice’s scheduling activities per resource or location. These analytics are delivered daily via interactive dashboards, ad hoc reporting tools and automated emailed reports. Armed with the ability to analyze patient scheduling, physician practices are able to better maximize their office resource utilization. Executives and administrators gain a better understanding of patient wait times, and how the dynamics of patient no-shows, cancellations and bumped appointments affect their practice productivity and how it affects them financially.
“Many analytic tools in our industry only read the EDI claims or ERN payments data which simply does not contain all the data points necessary to analyze and monitor the big picture. The release of our integrated Appointment Analytics coupled with our Clinical Analytics confirms our commitment to providing our customers with single source administrative reporting and analytics across the entire healthcare spectrum.” explained Jose Valero, President and CEO of dashboardMD.
dashboardMD’s cloud-based revenue cycle management tools provide turnkey, end-to-end healthcare analytics, from a single IT solution. Physicians now have daily reports at their fingertips with all the information they need to make confident, intelligent business decisions for best practices. In addition, dashboardMD also offers its HIT vendor business partners these same strategic advantages for their clients by providing private labeled and revenue sharing opportunities through OEM, VAR or Referral partnership models.
dashboardMD is a leading cloud provider of integrated clinical analytics, financial analytics, and operational business-intelligence reporting solutions for provider organizations. Our plug-n-play reporting suite includes enterprise roll-up reporting, daily interactive dashboards, scheduled reports via email, performance scorecards, user-defined alerts, predictive analytics, and industry-leading ad-hoc analysis tools. With our unique turnkey-management model, our solutions provide insightful and actionable intelligence while simplifying revenue cycle monitoring, report distribution, and one-off analysis reporting, ultimately saving a ton of time. Implementation is easy, and the entire service is delivered through a low-risk, software-as-a-service business model.