Los Angeles, California, May 27, 2015 – To help medical groups monitor and identify opportunities to improve their performance, The Camden Group, has entered into an exclusive strategic partnership with dashboardMD, a leading provider of business intelligence reporting solutions and healthcare analytics.
“Today, medical groups are under more pressure to reduce costs and increase efficiency. Government and commercial reimbursement is moving from fee-for-service to fee-for-value at an increasing pace,” says Steven T. Valentine, president of The Camden Group. “Our practice management experts can review dashboardMD data in real time and provide clients with timely, insightful, and actionable solutions to improve the performance of the medical group which leads to increased physician and patient satisfaction, not to mention improved financial performance.”
Beta tests have already shown successful results with The Camden Group’s medical group performance monitoring services using the dashboardMD tool which tracks scheduling, productivity, coding, revenue cycle management (billing/collections), and clinical quality measures. Using the dashboardMD analytics, The Camden Group advisors set performance targets to drive continuous improvement and benchmark key performance indicators, with the end result of financial, operational, and clinical optimization. Clients that engage The Camden Group for these services also gain access to dashboardMD’s powerful reporting suite of tools.
“We’re thrilled to be working closely with The Camden Group,” stated Jose Valero, president and CEO of dashboardMD. “By combining dashboardMD’s turnkey analytic reporting suite with The Camden Group’s expertise and extensive experience, we can better leverage the practice information to act quickly and more effectively implement executive initiatives with demonstrable results.”
With offices across the country, The Camden Group is one of the nation’s leading healthcare business advisory firms. The firm provides a broad array of healthcare consulting services such as strategic and business planning; performance improvement; care model redesign and developing patient-centered medical centers; physician compensation; mergers, acquisitions, and other transactions; physician-hospital alignment; clinical integration; and developing accountable care organizations. Since its founding in 1970, The Camden Group has advised more than 2,000 medical groups, hospitals, outpatient facilities, and other healthcare organizations nationwide.
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.