Financial Analytics for Healthcare

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.

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.

PDS Physician 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.

PDS RVU Enhancer delivers accurate RVUs regardless of the billing or analytics software currently in use. Working from your CPT data, this service accurately calculates RVUs based upon CMS values and includes custom overrides, exclusions, or additional logic to ensure the RVUs are tuned to your organizational standards. Blending custom RVUs and your current KPIs allows ease in publishing Physician Compensation and Productivity reports that combine benchmarks, budgets, and other key productivity measures. Reports that include accurate RVUs provide physicians with valuable, comparative context to assess and self-manage their performance.

As payer contracts come up for renewal, different payers can propose different RVU-based reimbursement methodologies. PDS Payer Contract Analyzer supports the comparative analysis required to assess how each payer’s fees compare to CMS – and other payers – right down to the individual procedures. Its comprehensive data modeling, visual analytics, and payer-to-payer comparison help practices uncover the information needed to negotiate contracts and plan for proposed fee schedule changes that will impact the bottom line.

With PDS General Ledger & Expense analytics, you have key information at your fingertips to ensure the financial well-being of your organization. State-of-the-art analytical and visualization tools provide a quick and simple analysis of revenue and expense details, trends, net income, and cash flow. Integration with other PDS modules correlates these key financial metrics with physician productivity and reimbursement to provide a complete financial picture.

Managing financial health, cost of care and quality is critical in a competitive healthcare environment. PDS Hospital Revenue Cycle analytics provide facilities detailed insights via focused datasets, point-and-click functionality, and drill-to-detail analysis to assure profitability and transparency within your organization. PDS tools are designed to provide insights into critical hospital metrics that are challenging to obtain through most systems packaged reporting.