Making Data-Driven Decisions: How Dynamic Reporting Insights are a Game-Changer for Revenue Cycle Management
Presented by Jessica Wagner, Millie Hoffmann, and Julian Glenesk
As presented at HBMA's 2024 Fall Conference September 17th-19th, 2024.
Description:
Are your decisions grounded in data? Is your organization harnessing the power of revenue cycle analysis and visualization? Join us for a deep dive into the world of “advanced reporting,” where we’ll uncover crucial insights, metrics, and KPIs that billing companies must master to empower data-driven decisions and transform their financial and operational performance.
Intricate datasets abound within medical billing, but raw data alone is insufficient unless time and effort are spent to decipher and act on it. Gain an understanding of the dynamic reporting insights available within modern medical billing software. Recent advancements within the healthtech industry have enabled billing systems to perform analysis and build visualizations for you—allowing billing teams to respond swiftly to evolving conditions, spot trends, reduce errors, and optimize revenue generation to improve day-to-day workflows and create efficiencies.
This session will also explore the impacts of leveraging patient insights for the healthcare organizations and practices that medical billing teams work with every day. Data-driven decisions matter just as much for your clients and can provide more streamlined care, improved customer service, and a better understanding of the patient population they serve.
Learning Objectives
Course participants will be able to:
- Discover the importance of data-driven decision-making and its impact on success.
- Identify the advanced reporting metrics and KPIs that you’ll need to enhance financial and operational performance.
- Navigate and use reporting and visualization features -regardless of system- to extract the insights relevant to you and your clients.