PDS to Showcase How Enhanced Analytics Can Drive Success in Today’s Rapidly Evolving Healthcare Landscape at the 2023 Leaders Conference

Posted on October 10, 2023

PRESS RELEASE Southbury, CT (10/03/2023) – Practical Data Solutions (PDS) is thrilled to announce its participation at the 2023 Leaders Conference hosted by the Medical Group Management Association (MGMA). PDS will showcase innovative data-driven solutions that empower leaders to streamline operations, effortlessly identify gaps to improve bottom-line revenue and achieve greater success in today’s ever-evolving healthcare environment.

The 4-day event will be held October 22–25 at Music City Center in Nashville, TN. Visitors to PDS Booth #1417 can see how enhanced analytics unlock insights to improve healthcare. PDS will showcase a unique take on automating physician compensation calculations and reports. Additionally, attendees can learn how to use data to identify operational limitations, optimize internal processes, and ensure accurate reimbursement.

“We’re excited to welcome PDS yet again to the 2023 Leaders Conference,” said Andy Swanson, Senior Vice President Product Strategy and Sales with MGMA. “It’s so important to bring together thought leaders such as PDS to Leaders Conference so we can empower forward-thinking in our industry and beyond.”

The PDS Portfolio of enhanced analytic solutions will include the following:
PDS Provider Productivity & Physician Compensation Analytics: Automate calculations and generate focused dashboards for various provider compensation models, strategically presenting essential key performance indicators (KPIs) to enhance provider performance.
PDS Patient Access & Scheduling Utilization: Identify opportunities to increase capacity, refine patient access, and enhance practice efficiency.
PDS Payer Contract Analyzer: Unlock payer analysis and insights necessary for strategic contract negotiation and reimbursement.

Russell Hendrickson, CEO of PDS, underscored the pivotal role of data-driven analysis in informed decision-making. He stated, “Data-driven organizations experience a measurable and positive response to improvement initiatives when decisions are made using comprehensive analysis. In fact, PDS’ analytics-driven approach is playing a pivotal role in revolutionizing physician compensation reporting that is automated, flexible, and precise. Through focused analytics, we can identify untapped opportunities to improve patient access, and help practices better plan for proposed fee schedule changes that will impact the bottom line.”

Expressing his enthusiasm for the conference, Nicholas Rodrigues, National Sales Manager, said, “Returning to the MGMA Leaders Conference is truly exciting. The success of data-driven practices hinges on leveraging enhanced analytics. PDS is excited to speak with practice leaders, to understand their data challenges, and provide innovative solutions to help move their practices forward with data-backed strategic initiatives. I invite attendees to stop by and learn how to unlock the power of data in their respective organizations.”

For more information about PDS, visit PDS-Online.com or follow us on LinkedIn and YouTube. Healthcare professionals can register here. Information on speakers, session details, and schedule for the conference can be found here. Join the conversation on social media by following MGMA on Facebook, Twitter, and LinkedIn.

About Practical Data Solutions
Practical Data Solutions (PDS) is a healthcare analytics company delivering best-in-class visualizations, analytics, data warehousing, and data staging exclusively for healthcare organizations. PDS empowers clients to proactively leverage their data to improve performance and revenue through highly visual, interactive dashboards focused on financial, operational, quality, and clinical analytics. PDS implements tailored solutions that meet and exceed client-specific needs and achieve measurable ROI. For more information, please visit PDS-Online.com or follow us on LinkedIn and YouTube.

About MGMA
Founded in 1926, the Medical Group Management Association (MGMA) is the nation’s largest association focused on the business of medical practice management. MGMA consists of 15,000 group medical practices ranging from small private medical practices to large national health systems representing more than 350,000 physicians. MGMA helps nearly 60,000 medical practice leaders and the healthcare community solve the business challenges of running practices so that they can focus on providing outstanding patient care. Specifically, MGMA helps its members innovate and improve profitability and financial sustainability, and it provides the gold standard on industry benchmarks such as physician compensation. The association also advocates extensively on its members’ behalf on national regulatory and policy issues. To learn more, go to MGMA.com or follow us on LinkedIn, Twitter, and Facebook.

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