Practical Data Solutions to Showcase at MGMA’s Medical Practice Excellence: Financial Conference
PRESS RELEASE Southbury, CT
Practical Data Solutions to Showcase Driving Bottom-line Revenue Leveraging Visual Analytics at MGMA’s Medical Practice Excellence: Financial Conference
Practical Data Solutions will feature the blending of healthcare financial analytics to measure and improve profitability and streamline efficiency
Southbury, CT (March 1, 2022) – Practical Data Solutions (PDS) is pleased to announce its participation in the Medical Group Management Association (MGMA) Medical Practice Excellence: Financial Conference, Booth #203, March 31 – April 1, 2022. This year the industry-leading financial management conference is designed to arm healthcare professionals with the education and tools needed to run a more profitable and efficient practice.
Throughout the 2-day in-person conference, PDS will be showcasing Healthcare Financial Analytics that identify processes to improve profitability and streamline efficiency, including:
- PDS HCC Revenue Capture to ensure your organization is accurately capturing HCCs to optimize reimbursement and quality incentives
- PDS Contract Analyzer to provide payer analysis and insights required for successful contract negotiation
- PDS RVU Enhancer to accurately calculate RVUs to provide physicians with valuable, comparative context to assess and self-manage their performance
- PDS Denial Recovery, coupled with revenue cycle management strategies, to take your practice from average financial performance to outstanding results
PDS is a dedicated member of MGMA. The annual MGMA finance show provides PDS the ability to network and speak with finance professionals to help their practices stay at the forefront of healthcare analytics.
“We know MGMA leaders attending the conference are looking for revenue cycle improvement solutions,” said Russell Hendrickson, CEO of Practical Data Solutions. “PDS will be showcasing our most robust financial solutions to help practices focus in on the value of analytical reports that drive revenue improvements. We look forward to talking with attendees about a variety of solutions, including our PDS Advanced Denials which focuses recovery efforts on the payers and procedures that will maximize profitability while helping to correct operational challenges to achieve significant financial gains.”
“MGMA is proud to be joined by such noteworthy organizations like Practical Data Solutions at the Medical Practice Excellence: Financial Conference this spring,” said Halee Fischer-Wright, MD, MMM, FAAP, FACMPE, president and chief executive officer of MGMA. “With over two decades of healthcare solution experience, Practical Data Solutions will offer a powerful perspective for this year’s conference.”
The conference theme is focused on how to improve practices’ financial performance. MPE: Financial Conference brings together leading financial experts from across the healthcare spectrum to discover the secrets to thriving during challenging times by digging deep into financial management, payer contracting analysis and negotiation, business intelligence, and revenue cycle management best practices.
For more information about Practical Data Solutions, visit www.pds-online.com. Healthcare professionals can register here. Information on speakers, session details and schedule for the conference can be found here. The conference hashtag is #MPE22.
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.
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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