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Category: Uncategorized

Is there a sure road to success?

May 16, 2022
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You know which service lines are strong revenue drivers, which ones are emerging as stronger drivers, and which services need to be strengthened. Precision data analytics confirms the value of your hospital’s book-of-business at any one time by distilling each revenue driver’s charge and payer data to a series of comparatives and summaries that measure […]

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The Great Reset

April 27, 2022
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Hospitals performed well during the pandemic, innovating on-the-fly to solve new problems. This experience and mindset have changed how health care senior leadership makes decisions and how caregivers treat patients. Telehealth is here to stay and will be part of what some call Health Care 3.0, a build-out of virtual patient care that includes wearables […]

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The Charge Master

July 5, 2021
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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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Measure potential change

June 1, 2021
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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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Big Data

April 30, 2021
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We drill-down to change in revenue drivers, billing, and reimbursement so you can address any area that needs improvement while pursuing new opportunities to grow net dollars. Our budget-modeling tool streamlines the top-line portion of a new budget by modeling different statistical combinations of revenue drivers, acuity, utilization, patient mix, and payer share. We start […]

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More Big Picture Change

April 29, 2021
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More big-picture change is on the way. Market disruption, innovation, and change itself are now the norm in our industry. You need data-based strategies, tools, and solutions to take advantage of change that ensures fiscal sustainability. We are data-driven in everything we do. It starts with reducing charges and inflated contractual allowances strategically to deliver […]

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A Reboot Strategy

March 2, 2021
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The adage you are either moving forward or falling behind rings trues given the level of competition today and rate of change itself. The pandemic has triggered a need to conduct a strategic review for many providers. You likely resumed doing elective surgeries in June of 2020, but volumes may still be lagging just as […]

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Pricing Transparency Shouts Opportunity

February 18, 2021
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The feds’ mandate for pricing transparency shouts opportunity for those who seek market dominance, operational growth, and fiscal sustainability. Now is a perfect time to reconfigure the charge master to deliver greater pricing transparency and defensibility, and restore the important ratio of cost-to-charges that will make the charge master a true revenue-generator once again. We’ll […]

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Robust Analytics and Predictive Analytics

December 11, 2020
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CFO’s now play a key role in operational decisions and decision support. A good BI analytics platform accepts multiple daily feeds for IP census data, all financial data from the financial IT platform, and data from any stand-alone sub-systems that have not been integrated with the IT financial platform. A robust BI analytics system enables […]

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