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Merging Data From Multiple Systems: When 1 + 1 = 3

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Learn about the challenges of merging healthcare data from multiple software systems and about the need to build robust data models from the ground up so that users have full access to slice, dice, and drill to detail-based data with a few clicks.

Most organizations facing the challenge of blending data have either merged with a healthcare entity that uses a different billing system or are in the process of switching systems while concurrently reporting on the old system for a period of time.

During this webinar, you will see examples of data analytics reporting, blended data visualizations, as well as gain insight into PDS’ best practice, incremental approach, to ensure data is modeled appropriately for short-term and long-term success.

Originally presented on January 22, 2020 by Practical Data Solutions’ Russell Hendrickson, CEO, and Michele Perry, Vice President of Web Analytics.

Find more educational webinars on our YouTube Channel.

PDS Client Exchange Forum 2019 a Success!

PDS Client Exchange Forum 2019

November 12th-14th, clients joined us at Disney's Coronado Springs Resort | Orlando, FL for 3 days of focused healthcare analytics training, discussions and networking. Our motto is “Your data empowered…” but for 3 days, it was all about our clients empowered. The one-on-one time with customers…invaluable.

Our first day was all about PDS iMPower and PDS Dash – an exchange of best practices and keys to success. Tuesday evening, we enjoyed a networking reception.

We decided to take a more collaborative approach in 2019; after all, “Exchange Forum” was in the name. The second day of the conference focused on round-table discussions; clients learned from each other while PDS staff added their expertise to the conversation. Wednesday night we enjoyed Epcot and the spectacular evening fireworks.
This morning, we continued the round-table discussions and then forum wrapped up after a delicious lunch together.

The 2019 PDS Conference was all about sharing our ideas, our time, and an experience. Our clients and the PDS Team truly made the magic happen, and Disney’s beautiful Coronado Springs Resort was surely a plus.

We hope to see you at a future PDS user conference!

Denials: An Ounce of Prevention

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Learn how to analyze denials to determine causes, complications, and costs associated with the most common healthcare denied claims.

Claims denial rates in recent studies range from 6% to 21% of revenue collections within physician practices. While many of these denials can be effectively appealed and recovered, it's time-consuming, expensive, and can have a dramatic effect on cashflow and reimbursement rates.

In this webinar, we discuss data analytics techniques and how the visualization of data can provide a focused, insightful view of denials. We show how the use of strategic reporting and dashboards can prevent denials caused by in-house staff, documentation issues, and common charge entry or coding errors. Using initiatives brought into focus with data analytics tools, practices can realize substantial cost savings and improve operating efficiencies.

Originally presented on October 30, 2019 by Practical Data Solutions' Scott Everitt, MBA, Vice President of Analytic Solutions, and Becky Cook, Executive Consultant.

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Revenue Integrity Symposium 2019

Revenue Integrity Symposium v2As we return to the Northeast from Orlando, we hope you enjoyed visiting us at the 2019 Revenue Integrity Symposium and that you might have even learned something! If we missed you, we hope to catch you at a future conference.

MGMA19 | The Annual

MGMA2019 v2PDS staff enjoyed their experience at MGMA19 with three days sharing best practices in healthcare management. If you missed us, feel free to navigate to our webinar page to learn more about who we are, what we do, and how we do it. We look forward to seeing you at future conferences.

Improving Patient Access with Visual Analytics

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Learn about patient access healthcare data analytics reporting and visualizations using Tableau, MicroStrategy, and Microsoft PowerBI.

The goal of any patient access initiative is fairly simple – to find capacity. Are your providers scheduling efficiently? Are they offering services at times and locations convenient for patients? How long does it actually take for a patient to get an appointment? Answering these questions is the key to achieving the goal.

In this webinar, gain insight into how to move from tables and queries to visually appealing interactive dashboards. Learn to identify areas with the greatest opportunities to increase capacity and improve patient access. Understand how incorporating data from external datasets for visualized reports tells the whole story and provides a focus for enhancement initiatives.

Originally presented on August 14, 2019 by Practical Data Solutions’ Scott Everitt, MBA, PDS Vice President of Analytic Solutions.

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Identify and Manage Hidden Denials Through Analytics and Visualizations

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Learn how to analyze denials data using analytics and visualizations to recover lost healthcare revenue.

In recent studies, claims denial rates ranged from 6% to 21% of revenue collections within physician practices. What is often not included in these rates are the hidden denials lurking within the details of the billing and reimbursement systems. Applying analytic techniques and visualization of data provides a focused view of denials and allows for the development of strategies to treat those reasons and quantify the results of recoveries and lost revenues.

In this webinar, we demonstrate how to analyze denials to determine causes, complications, and projected recoverable revenue. Using visualizations to illustrate causes and outcomes engages staff to become sleuths looking for new solutions.

Originally presented on June 19, 2019 by Practical Data Solutions’ Russell Hendrickson, CEO, and Becky Cook, Executive Consultant.

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Hypercards for Healthcare ‒ Inject Zero-Click Intelligence about Patients, Physicians and Payers

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Learn how HyperIntelligence by MicroStrategy allows healthcare organizations to deliver key information through actionable intelligent analytics. See how effective dashboards, visualizations and HyperIntelligence can make a major difference in optimizing practice performance in a variety of critical areas including:

• Likelihood of No Show
• Number of past missed appointments
• Uncollected patient balances
• Copay amount to be collected
• Past claims denied due to inaccurate insurance information
• Patients who are past due for their Annual Wellness Visit

Originally presented on May 22, 2019, by Practical Data Solutions' Russell Hendrickson, CEO, Michele Perry, Vice President of Web Analytics, and special guest Erik Okerholm, Senior Industry Solution Architect of Healthcare at MicroStrategy.

PDS Attended MGMA19 | The Operations Conference

MGMA logoPDS Attended the MGMA19 | The Operations Conference from April 14 - 15, 2019 in Austin, TX.

This was the first year PDS attended and exhibited at MGMA's Operations Conference. The Operations Conference is centered on making the operations of individual private practice and large health systems more efficient through innovative patient-focused products, services and strategies. It was great to network and connect with the other attendees who shared their challenges and to discuss  PDS’ solutions with them.

Managing Revenue Integrity with Analytics

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Learn how data analytics and visualizations can reveal new revenue streams, improvement in unpaid denied claims, and cost reduction opportunities to improve your healthcare organization’s financial performance. Revenue Integrity ensures that all entitled income has been accurately captured, billed, and paid. This webinar will discuss how the revenue management process creates a massive amount of data transactions and that this data requires appropriate staging and modeling to uncover hidden revenues or cost reduction opportunities.

Webinar covers:

  • Overview of Revenue Integrity functions
  • The value of analytics to identify unrecognized revenues and payments
  • Key topics in Revenue Integrity – denials, charge capture, and collections
  • Concisely communicating the value to the organization
  • Visualizing the opportunities and success
  • Other best practices

Originally presented on March 20, 2019 by Practical Data Solutions’ Becky Cook, Executive Consultant, and Russell Hendrickson, CEO.

Find more educational webinars on our YouTube Channel.

PDS Attended MGMA19 | The Financial Conference

MGMA logoPDS Attended the MGMA19 | The Financial Conference from March 3 - 5, 2019 in Las Vegas, NV.

MGMA's Financial Conference is one of PDS' favorite conferences to attend and exhibit at. The ability to listen and learn from other healthcare industry peers was invaluable. It was inspiring to network, connect, and reconnect with the other attendees.

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