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Webinars

PDS hosted webinars provide unique perspectives and offer valuable solutions for healthcare organizations. They provide insight on how PDS delivers solutions that can immediately impact your organization’s bottom line.

Join us for one of our upcoming webinars or see below to watch recent webinars.

Upcoming Webinars:

 


 

Recent Webinars:

Denials: An Ounce of Prevention...

Denials: An Ounce of Prevention...

Claims denial rates in recent studies ranged from 6% to 21% of revenue collections within physician practices. While many of these denials can be effectively appealed and recovered, it is time consuming, expensive, and can have a dramatic effect on cashflow and reimbursement rates. Applying analytic techniques and visualization of data provides a focused view of denials and allows for the development of strategies to prevent denials caused by in-house staff, documentation issues, and common charge entry or coding errors. Using initiatives brought into focus by analytical processes, practices can realize substantial cost savings and operating efficiencies.

PDS demonstrates how to analyze denials to determine causes, complications and costs associated with the most common denials. Using visualizations can highlight key areas for concern while just a few well-timed strategies can yield the greatest financial benefits.

Watch on YouTube

Effectively Communicating Physician Compensation with Visual Analytics

Effectively Communicating Physician Compensation with Visual Analytics

As healthcare becomes more complex, physician compensation plans do as well. With the addition of quality metrics, MIPS and Star ratings, incentive compensation plans and other components associated with new types of contracts, compensation reporting may be complex to report. Using clear visual representations of results can help simplify the compensation story for the reader. Including key features, content, formats, and context make a complex subject easier for physicians to understand. Use of graphics, benchmarks, colors, definitions and other features can lead the reader through the compensation plan, actual compensation calculations, comparisons to peers or benchmarks, and group performance marks. Including population health results, patient satisfaction feedback, and scheduling data allows the reader to understand the drivers of compensation and how to improve compensation.

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Improving Patient Access with Visual Analytics

Improving Patient Access with Visual Analytics

The goal of any patient access initiative is fairly simple – to find capacity. We want our providers to be accessible to more patients, we want wait times for appointments to be as short as possible, and we want our patients’ satisfaction with their ability to see their provider to be as high as possible. Achieving that goal, however, can be difficult due to several challenges in the organization. Are our providers scheduling efficiently? Are we offering services at times and locations convenient for our patients? How long does it really take for a patient to get an appointment? Answering these questions is the key to achieving the goal. That is why being able to visualize and understand your organization’s patient access data is more critical than ever.

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Identify and Manage Hidden Denials Through Analytics and Visualizations

Identify and Manage Hidden Denials Through Analytics and Visualizations

Claims denial rates in recent studies 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.

Watch on YouTube

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

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

HyperIntelligence helps healthcare organizations deliver intelligence by leveraging their existing analytics across the entire organization. The transformation of information into actionable intelligence with technology can make a major difference in optimizing performance in a variety of critical areas.

For Example:
  • The clinic front desk can more easily understand patient no-show rates and uncollected patient balances
  • Department administrators can better visualize and optimize physician productivity
  • Collections analysts have the ability to access the recovery rates on denied claims
Learn how MicroStrategy Analytics, coupled with Practical Data Solutions’ 20+ years of healthcare experience, is transforming organizations with actionable intelligent analytics.

Watch on YouTube

MANAGING REVENUE INTEGRITY WITH ANALYTICS

MANAGING REVENUE INTEGRITY WITH ANALYTICS

Revenue Integrity is interpreted differently by different organizations, but the core function is common to all: ensuring that all entitled revenue has been accurately captured, billed and paid. Revenue Integrity encompasses the functions of the revenue cycle, in addition to capturing all potentially unrecognized revenue.

Revenue management processes create massive amounts of data transactions, which require appropriate staging and modeling to uncover hidden revenues or cost reduction opportunities. Learn how analytics can pinpoint new revenues, unpaid denied claims and other processes to improve your organization’s financial performance.

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USING ANALYTICS FOR STRATEGIC GROWTH

USING ANALYTICS FOR STRATEGIC GROWTH

As Medical Practices look to better serve their patients, the question of the best ways to expand can become tricky. Should the practice add new providers or specialties? Would new locations be more convenient for patients? How can the practice best balance the need to grow with the resources available?

In this webinar, PDS discussed how the effective use of analytics can help practices:
  • Identify growth opportunities
  • Monitor strategic productivity and patient access gaps
  • Look for underserved populations
  • Predict new revenue streams
  • Calculate payback time and potential returns on investments made in growth of the practice

Watch on YouTube

LEVERAGING ANALYTICS FOR PAYER CONTRACT ANALYSIS

LEVERAGING ANALYTICS FOR PAYER CONTRACT ANALYSIS

Analyzing new payer contracts has never been easy with ongoing changes in reimbursement models and quality metrics reporting. Organizations are searching for better methods of analyzing current and proposed contracts. Learn how the analysis of benchmarked metrics and reimbursement trends allow practices to understand and leverage better information in negotiations with their payers.

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SUCCESSFULLY VISUALIZING HEALTHCARE DATA WITH TABLEAU - FOUR PROVEN PHASES TO SUCCESS

SUCCESSFULLY VISUALIZING HEALTHCARE DATA WITH TABLEAU - FOUR PROVEN PHASES TO SUCCESS

Tableau’s visualization software is more powerful than ever, and you can download and try it for free in minutes. The product demonstrations are exciting yet implementing your data to tell the story your way can often be challenging.

This webinar discusses the key steps to move from concept to a finished and validated dashboard delivered. This process will work with any visualization tool. Learn how to break down dashboard building and visualizations step-by-step.

This webinar features healthcare visualizations delivered with Tableau. Even if you work with other visualization tools (Microsoft, MicroStrategy, Qlik, IBM, SAP, etc.), this webinar teaches you proven processes that get results. We show actual examples of healthcare dashboards and discuss common mistakes and pitfalls that prevent success.

Watch on YouTube

A PRACTICAL APPROACH FOR DATA, ANALYTICS AND VISUALIZATION

A PRACTICAL APPROACH FOR DATA, ANALYTICS AND VISUALIZATION

Using our practical approach, we’ll help you learn how to effectively tackle moving data to analytics and building visualizations, leveraging business intelligence thought leader Ralph Kimball's proven approach to evolving data into department-specific ROI. Learn how this practical methodology has helped transform healthcare organizations across the country with clear, actionable steps for success.

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VISUALIZING THE IMPACT OF CONTRIBUTION MARGIN TO HELP REALIGN PHYSICIAN PERSPECTIVES

VISUALIZING THE IMPACT OF CONTRIBUTION MARGIN TO HELP REALIGN PHYSICIAN PERSPECTIVES

The concept of managing costs in healthcare is commonly discussed. Yet physician dashboards often focus just on revenue and work effort and do not reflect relationships between productivity, cost and quality. In this webinar, learn how dashboards that integrate revenue, expense and margin data can directly change physician perspectives.

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MEASURING PHYSICIAN PERFORMANCE IN AN ERA OF REDUCING COSTS

MEASURING PHYSICIAN PERFORMANCE IN AN ERA OF REDUCING COSTS

Measuring physician productivity used to be as easy as adding Work Relative Value Units for the month. But with recent changes in reimbursement models, quality metrics reporting and physician burnout, organizations are searching for better methods of assessing physician performance. Learn how the right mixture of metrics and reporting allows practices to improve physician and patient experiences and practice effectiveness.

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EFFECTIVELY VISUALIZING HEALTHCARE DATA WITH BENCHMARKS, BUDGETS AND TARGETS

EFFECTIVELY VISUALIZING HEALTHCARE DATA WITH BENCHMARKS, BUDGETS AND TARGETS

Incorporating benchmarks into reporting and visualizations has proven to be one of the most effective ways to measure performance improvement. PDS has successfully assisted clients with implementing innovative strategies using external benchmarks and internal targets to communicate and manage effectively. In this webinar we discussed case studies from various PDS clients where the integration of benchmarks and targets has delivered significant financial or operational performance improvements.

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FIND THE VALUE OF PATIENT RISK ACUITY ANALYTICS WITHIN YOUR PRACTICE

FIND THE VALUE OF PATIENT RISK ACUITY ANALYTICS WITHIN YOUR PRACTICE

This webinar discusses how to use Hierarchical Condition Coding (HCC) diagnosis scoring to analyze and improve the profitability of shared savings and value-based contracts. Commercial and Medicare contracts rely on HCC Risk Scoring to determine incentive payments and fee schedule increases which makes HCC management as essential as managing claims payment.

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PHYSICIAN COMPENSATION REPORTING WITH IMPACTFUL VISUAL DASHBOARDS

PHYSICIAN COMPENSATION REPORTING WITH IMPACTFUL VISUAL DASHBOARDS

As healthcare keeps changing so does the need to evolve your physician compensation reporting. PDS discusses how to shape, calculate and present physician compensation reports and dashboards.

Learn how focusing on comparing compensation with productivity and clinical quality metrics to revenue goals are critical to compensation alignment. Presenters shared how benchmarks and survey data allow you to better focus on identifying outliers. This webinar took a look at the changing healthcare environment and how physician compensation plans, reporting, and tool sets need to evolve with new quality and payer incentive programs.

Watch on YouTube

Call PDS 203.262.9224