Predictive Analytics

• Measures the net revenue impact of a potential decision
  
• Projects change in acuity and utilization
  
• Projects new revenue where brand is strong or emerging
• Projects the net revenue impact of physician recruiting
• Projects the net revenue impact of a telehealth build-out
  
• Projects the net revenue impact of a wellness initiative  
• Forecasts the net revenue impact of new market change

Our Process

We use our third-generation suite of algorithms to determine the likely change and variation in charge and payer data. 

We generate a fresh market analysis to confirm positioning since this enables us to measure brand strength by service line and department.

Our predictive analytics suite projects the variation of the various elements, factors, and components that produce patient visits and net revenue.This includes the ability to measure the net revenue impact of potential internal change or market change, thus providing a key decision support tool to senior leadership. 

Deliverables

1. Measures the net revenue impact of potential internal change

2. Measures the net revenue impact of new market change

3. Projects the impact of change and variation in acuity and utilization

4. Projects new growth by service line and department

5. Projects the net revenue impact of new physician recruiting

6. Projects the net revenue impact of a built-out telehealth platform

7. Projects the net revenue impact of enhanced digital registration

8. Projects the net revenue impact of a wellness initiative

9. Projects the net revenue impact of a new branding campaign

Adding the power of predictive analytics to your tool kit will enable you to ensure you hit all financial targets, meet all strategic goals, and validate key decisions before making them.