ANALYTICS & REPORTING FOR HEALTHCARE

PDS delivers proven healthcare solutions that leverage best practice technologies for Visualization, Analytics, Data Warehousing, Dashboards, and Business Intelligence.

With over 20 years of experience, organizations are using PDS for focused revenue strategies, denial recovery, optimizing patient access, scoring patient risk, and automating physician compensation among other best practices.

Medicare 2021 Impact:
Ensuring Revenue Cycle Integrity

The lessons of 2020 still linger. The pandemic and variable patient volumes have led to financial uncertainty in many practices. As healthcare organizations move into 2021, providers now must navigate the new RVU valuations and reimbursement decreases from CMS as part of their 2021 Physician Fee Schedule. Ensuring the utmost revenue integrity is critical at this time.

This webinar will explore revenue integrity strategies around the new E/M Coding rules, A/R Management, and Denials Prevention and Recovery to maximize a practice's bottom-line cash-flow.

Webinar topics covered include:
  • Understanding the CMS 2021 Physician Fee Schedule Final Rule impacts
  • Analysis of what this could mean for practices
  • Understanding Key Levers driving Revenue Integrity

Every Dollar Counts –
Maximizing Denial Recovery

Fee recovery from denied claims is a critical strategy healthcare practices must have to safeguard profitability; however, executing a denial recovery plan is far more complicated than merely setting a billing staff goal. Teams need to track denial patterns, understand transactional activity AFTER the denial, and formulate an appeals process that includes measurable results. An effective analytics platform, along with highly targeted and organized visualizations, will support a practice’s revenue integrity efforts.

We will discuss key strategies to maximize the denials recovery process, track successes and weak areas, and ensure your practice is in the optimal position for financial strength.

Webcast topics covered include:
  • Essential categorization of denials into meaningful groups
  • Analysis of recovery successes and failures from different angles
  • Departmental causes and corrections with focused dashboards
  • Implications of recovery efforts on cashflow
  • Financial benefits of incorporating prevention efforts

Revenue Cycle Analytics

Revenue Cycle Analytics

PDS Revenue Cycle analytics provide detailed insights via focused datasets, point-and-click functionality and drill-to-detail analysis to ensure profitability and balance in your organization. Our tools go beyond volumes and receivables to include RVU productivity, detailed reimbursement analysis, payment lag, days in A/R, denial recovery rates, and much more. Find out why so many organizations use PDS Revenue Cycle analytics to improve efficiency and optimize revenue.

DenialsRecovery Analysis

Denials
Recovery Analysis

DENIALS RECOVERY ANALYSIS If you can’t measure your collections after appealed denials, odds are your organization is losing significant revenue. PDS Denial recovery analysis allows you to focus your recovery efforts on the payers and procedures that will maximize your profitability, while helping you correct operational challenges that lead to significant financial loss.
Physician Compensation

Physician Compensation

PDS Compensation Analytics and Dashboards are designed to communicate productivity, performance, and quality-based compensation plans and calculations specific to your organization’s compensation model. Leveraging proven methodologies with state-of-the-art automation software, care providers have access to simple, visual, easy-to-understand insights into their personal performance against the required metrics and KPIs that impact how they are compensated.

White Paper:

WHITE PAPER:

A Four-Phased Approach to Long-Term Visualization Planning for Healthcare Data Analytics

In a time of unprecedented data collection flowing through an invisible, online superhighway, technological advancement is driving rapid software upgrades and the ability to process billions of bits of data in fractions of a second. Folders and paper charts in medical exam rooms have long been replaced by laptops and tablets running state-of-the-art software that records your every sneeze. Now what?...

Read More...

Automating Excel to Drive Timely Reporting, Accuracy and Efficiency

Reporting in the healthcare industry relies heavily on Excel; however, automating report production can be difficult and time-consuming. Today, organizations are struggling to keep up with weekly and monthly reporting in light of additional requirements brought on by the pandemic. Without automation, managers and analysts may be spending more time creating and populating reports than using them to improve financial or operational performance in hospitals and practices.

Learn about the common challenges with Excel and how to use the automation and dashboard design features in PDS DASH to maximize Excel's visualization and customization features. Understand how this powerful tool can reduce user errors, improve overall accuracy, and increase staff productivity by 20-60%.


 

 

Upcoming Webinar


Medicare 2021 Impact:
Ensuring Revenue Cycle Integrity

January 20th, 2021 @1pm Eastern

The lessons of 2020 still linger. The pandemic and variable patient volumes have led to financial uncertainty in many practices. As healthcare organizations move into 2021, providers now must navigate the new RVU valuations and reimbursement decreases from CMS as part of their 2021 Physician Fee Schedule.

Ensuring the utmost revenue integrity is critical at this time...

More...

Webinar Spotlight


Driving Bottom-Line Revenue:
Leveraging Visual Analytics


Learn how visual analytics can help identify performance gaps and focus leadership to drive and improve your organization’s financial performance.

Managing your revenue cycle is critical to the financial health of your organization. The goal is simple—ensure that all entitled revenue has been accurately captured, billed and collected. The revenue cycle creates massive amounts of data transactions which require appropriate staging and modeling to uncover lost revenues, understand denials and identify performance improvement opportunities.

More...

Our Latest Article


What Do the Changes to the Medicare Proposed 2021 Physician Fee Schedule Mean for Your Practice?

The 2021 proposed changes to the Physician Fee Schedule are significant. Learn how data modeling can help your organization prepare...

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Call PDS 203.262.9224