Our Blog
17
Feb
What Has Not Changed
Hospital providers will continue to make investments in patient care, the patient process, the patient financial experience, communication and education via the EMR, data distillation, analytics, decision support, revenue cycle pain points, Best Practices, AI, and cyber security. Providers will continue to partner with Big Tech, IT vendors, and others to develop machine learning that […]
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6
Dec
Making Sense of the Data
Clear. Compelling. Data takeaways. Only sophisticated statistical analysis does this. You need to make sense of changing charge and payer data to streamline patient process. This will ensure Patient Experience is consistently favorable which reinforces patient loyalty and produces new growth. Indeed, Patient Experience is the currency of new growth. Algorithmic statistical analysis enables powerful […]
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22
Nov
What Goes Together
Market disruption stimulates innovation. More change always brings more opportunity. The steadfast goal remains to deliver effective patient-centric, evidence-based medicine that produces positive patient outcomes. An effective digital build-out should have a Concierge component to ensure the initial consumer touch point is welcoming, informative, and compelling. Knowing your key takeaways from consumer data will help […]
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4
Oct
Is the Traditional No Longer Effective?
One New Jersey provider looked beyond its call center when it realized daily consumer telephone volume was beyond its capability. They initiated a digital self-scheduling strategy enabling consumers to schedule their own physician appointments. Smart. They noted 54% of these consumers were new patients, and realized they did not have enough physicians on staff to […]
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29
Sep
The Power of Three
No change occurs in a vacuum – that’s why we always generate a fresh market analysis of service line and brand strength. You already have all of the demographic data you need to generate a geomap of the current patient portfolio by zip code. This should include a service line overlay for areas of coverage […]
Read More
19
Aug
Big Picture Change Meets 5 Proven Growth Strategies
Health care change is the norm today and its pace has quickened given the amount of Big Picture change. Consumerism changed how we obtain health care information and access health care, but it was the pandemic that spurred exponential growth in the use of tele-health. Health care transitioned from paper files to electronic medical records […]
Read More
26
Jul
21st Century Financial Modeling
Budgeting in a reboot is not easy, especially since the recovery has been uneven. It’s all in the data but what you choose to do with that data is key. Delayed care for cancer treatment and screenings has produced more adverse outcomes and increased mortality. Those who delayed treatment for heart disease, diabetes, and other […]
Read More
5
Jul
The Charge Master
The Charge Master. The charge description master. The CDM. The price list of all charges for all services, treatment, and supplies. What do we make of this now that pricing transparency has been defined by the Feds as posting what providers will accept from payers as payment-in-full? Ask any consumer what pricing transparency is and […]
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1
Jun
Measure potential change
CFO’s need a powerful predictive analytics algorithm to measure the net revenue impact of potential change. Our financial modeling does this not only at budget time but also in any season. Predictive analytics enables you to weigh alternatives and different scenarios with confidence when considering what potential change will do. Here are a few examples […]
Read More
What Has Not Changed
Hospital providers will continue to make investments in patient care, the patient process, the patient financial experience, communication and education via the EMR, data distillation, analytics, decision support, revenue cycle pain points, Best Practices, AI, and cyber security. Providers will continue to partner with Big Tech, IT vendors, and others to develop machine learning that […]
Read More
Making Sense of the Data
Clear. Compelling. Data takeaways. Only sophisticated statistical analysis does this. You need to make sense of changing charge and payer data to streamline patient process. This will ensure Patient Experience is consistently favorable which reinforces patient loyalty and produces new growth. Indeed, Patient Experience is the currency of new growth. Algorithmic statistical analysis enables powerful […]
Read More
What Goes Together
Market disruption stimulates innovation. More change always brings more opportunity. The steadfast goal remains to deliver effective patient-centric, evidence-based medicine that produces positive patient outcomes. An effective digital build-out should have a Concierge component to ensure the initial consumer touch point is welcoming, informative, and compelling. Knowing your key takeaways from consumer data will help […]
Read More
Is the Traditional No Longer Effective?
One New Jersey provider looked beyond its call center when it realized daily consumer telephone volume was beyond its capability. They initiated a digital self-scheduling strategy enabling consumers to schedule their own physician appointments. Smart. They noted 54% of these consumers were new patients, and realized they did not have enough physicians on staff to […]
Read More
The Power of Three
No change occurs in a vacuum – that’s why we always generate a fresh market analysis of service line and brand strength. You already have all of the demographic data you need to generate a geomap of the current patient portfolio by zip code. This should include a service line overlay for areas of coverage […]
Read More
Big Picture Change Meets 5 Proven Growth Strategies
Health care change is the norm today and its pace has quickened given the amount of Big Picture change. Consumerism changed how we obtain health care information and access health care, but it was the pandemic that spurred exponential growth in the use of tele-health. Health care transitioned from paper files to electronic medical records […]
Read More
21st Century Financial Modeling
Budgeting in a reboot is not easy, especially since the recovery has been uneven. It’s all in the data but what you choose to do with that data is key. Delayed care for cancer treatment and screenings has produced more adverse outcomes and increased mortality. Those who delayed treatment for heart disease, diabetes, and other […]
Read More
The Charge Master
The Charge Master. The charge description master. The CDM. The price list of all charges for all services, treatment, and supplies. What do we make of this now that pricing transparency has been defined by the Feds as posting what providers will accept from payers as payment-in-full? Ask any consumer what pricing transparency is and […]
Read More
Measure potential change
CFO’s need a powerful predictive analytics algorithm to measure the net revenue impact of potential change. Our financial modeling does this not only at budget time but also in any season. Predictive analytics enables you to weigh alternatives and different scenarios with confidence when considering what potential change will do. Here are a few examples […]
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