PDS Consulting Services
Within data, there are facts, and these facts are answers to questions. However, sometimes organizations do not fully understand the right questions to ask. By applying best-practice analytics, the answers to questions become clearer. By exploring and interacting with data, the right questions to ask become abundant. At PDS, we take a data-centric management approach to the consulting services we offer. Our philosophy has always been to teach our clients how to fish, not just give them a fish, and we use this tactical methodology to provide consulting services.
PDS Strategic Consulting Services can assist clients in many areas:
Identify the greatest opportunity for performance improvement in the revenue cycle and measure the financial impact of underperformance.
Measure scheduling utilization efficiency and understand the effect on patient access.
Model proposed payer fee schedules to understand net financial impact on payer contracting, using historical data.
Dissect the business need to identify appropriate performance metrics, units of measure and relative benchmarks, and fuse the data-staging requirements to support performance management using analytics and reporting.
Apply statistical forecasting, using historical data to understand the implications of ACO and risk contracting.