Webinars

Data-Driven Analytics – Enhancing Denial Recovery (Part 2)

As issues affecting medical practices become more and more complex, the spotlight is on data-driven solutions, and the prevention and recovery of denied claims have emerged as an essential focus. Fortunately, denials is an area where data-driven organizations are finding immense success, thanks to thorough analysis and strategic implementations.

This webinar will showcase how turning to – and building trust with – an efficient analytics platform, coupled with the use of targeted visualizations, can strongly support a practice’s revenue integrity efforts surrounding denials. We’ll explore how to analyze denials more effectively, identify root causes, assess complications, and understand the associated costs resulting from the heavy impact denials have on practice volumes, reimbursement, and cash flow.

Learn how your team can develop data-driven strategies to track denial patterns, gain insights into post-denial transactional activity, and establish a measurable appeals process that yields significant financial benefits for your practice.

What You’ll Learn:

• Analytics techniques that reveal denied claim patterns and hidden improvement opportunities
• How to implement actionable, data-driven strategies to prevent denials and recover lost revenue
• The latest features, tools, and technologies facilitating easier denials data analysis and recovery
• Through real-world case studies, see how other healthcare organizations have utilized data-driven approaches to successfully reduce denials and increase revenue

Who Should Attend:

Healthcare executives, practice managers, billing and revenue cycle professionals, and those eager to harness data analytics to enhance denial recovery.

Join us on September 27, 2023, at 12 PM Eastern time, for this highly educational webinar that explores how to couple a trusted analytics platform with proven data-driven strategies for successful denial recovery.

Click here to view the PDS Fall Series schedule.

Data-Driven Analytics – Leveraging HCCs to Improve Care (Part 3)

In an era where data-driven solutions are revolutionizing healthcare, Hierarchical Condition Categories (HCCs) have now emerged as both a quality measure and a pivotal financial tool. While many currently see HCCs solely as a reimbursement driver in the context of Value-Based Care (VBC), data-driven insights reveal substantial quality and financial opportunities for practices that apply HCC Risk Adjustment Scores to all patients, regardless of payer.

Join us for this compelling webinar when we spotlight the intersection of data analytics and HCC management. We’ll delve deep into how data-driven strategies can uncover hidden financial potential for organizations that can accurately stratify patient populations based on level of risk and use those insights to enhance care management tactics for patients with chronic conditions. See detailed examples that illustrate how to integrate analytics from data contained within your EHR, scheduling, and claims data to reconcile accurate risk scores against payer scores, and proactively identify gaps in care. Learn why it’s time to broaden your view of HCCs and include them as a strategic financial tool to improve patient care and boost revenue.

What You’ll Learn:
• The tactical, dual role of HCCs as a quality measure and a financial tool
• How to shift from reactive to proactive HCC management to ensure high-risk patients receive essential care
• Data analytics techniques that spotlight gaps in care continuity and guide effective outreach to properly coded HCC patients
• Analytical methods for reconciling HCC scores with payers using Value-Based Contracts and how to use data-driven insights to effectively prepare for proposed new value-based contracts

Who Should Attend:
Healthcare executives, care managers, billing professionals, and all individuals keen to integrate data-driven insights with HCCs for enhanced patient care and financial growth should not miss this session.

Gear up for this transformational session on October 18, 2023, at 1:30 PM Eastern time, where we’ll harness the power of data-driven analytics to illuminate the untapped potential of HCCs in healthcare management. Your journey toward becoming a truly data-driven practice starts here.

Click here to view the PDS Fall Series schedule.

Data-Driven Analytics – Creating Reusable Data Models (Part 4)

As the emphasis on data-driven solutions intensifies, so does the need for comprehensive and flexible access to the critical data that’s going to drive change. Proven data modeling techniques play a pivotal role in both short-term success and long-term scalability to meet the broad needs of an organization’s reporting objectives. And while an organization’s first pass at data modeling may initially work, without careful planning and a proven design strategy, poorly modeled data eventually drives inefficiency and creates roadblocks.

In this webinar, we’ll unravel the intricacies of best-practice data modeling and how it supports data blending, in-depth correlations, and robust analytics capability. We’ll discuss the advantages of proper structuring for reuse and integration and the predictable difficulties organizations face using inefficient data modeling. Come learn practical ways to leverage proven data models and how to plan an incremental approach that drives best practice long-term planning as a critical part of your data-driven strategy.

What You’ll Learn:
• The positive impact properly modeled data makes on efficiency, accuracy, and long-term objectives
• A best practice incremental approach to building a data warehouse, ensuring adaptability and flexibility as business needs evolve
• The expected difficulties and costs associated with inadequate data design and how to avoid them during strategic transitions

Who Should Attend:
Healthcare executives, practice managers, revenue cycle professionals, and those eager to expose the untapped power of their data analytics.

Join us on October 31, 2023, at 11 AM Eastern time, for this edifying webinar that explores how to tactically prepare the data feeding your trusted analytics platform for remarkable, data-driven results.

Click here to view the PDS Fall Series schedule.

Data-Driven Analytics – Customized Key Performance Indicators (Part 5)

Healthcare organizations that prioritize data-driven methodologies understand and leverage the power of customized KPIs to drive continual improvement. In this webinar, discover how tailored metrics and KPIs can evolve into pivotal tools, unlocking profound organizational insights. We’ll delve into common metrics many organizations rely on, but which require custom calculations, such as counts of encounters, cases, visits, or distinctions between new and returning patients. Explore case studies showcasing organizations that calculate multiple sets of RVU values per year for productivity benchmarks, contracting, or compensation. We’ll also spotlight specialty-specific KPIs, particularly focusing on areas like Dermatology, Orthopedics, Ophthalmology, and Allergy.
Join us for this pivotal session in our Fall Webinar Series as we illuminate the art of designing, underscore the importance of automating, and highlight the value of integrating customized KPIs into your data-driven analytics strategy.

What You’ll Learn:

The importance of crafting essential KPIs tailored to your organization’s unique goals and challenges
Strategies for evaluating and enhancing your current KPIs to yield more robust insights
The necessity of specialty-specific KPIs that are often absent in many traditional reporting systems
Best practices for seamlessly integrating your custom KPIs into your existing data analytics framework for peak performance

Who Should Attend:

Healthcare administrators, IT professionals, performance analysts, specialty-focused practitioners, and anyone passionate about harnessing the power of custom KPIs to enhance healthcare outcomes will find this session invaluable.

Join us on November 15, 2023, at 12 PM Eastern time, as we guide you through the intricate world of customized KPIs. Elevate your practice to unparalleled levels of performance and insight by fully embracing a data-driven approach.

Click here to view the PDS Fall Series schedule.

Data-Driven Analytics – Modeling Changes to Compensation (Part 6)

Healthcare leadership using data-driven guidance can expertly strive to align provider compensation – often the most significant expense for a practice – with the organization’s core objectives. Providing physicians with up-to-date information regarding their current performance and projected compensation is one of the best ways to ensure transparent communication and motivate change. With the variety of plans and calculation parameters in play today, being able to accurately model proposed physician compensation plans with ease and flexibility is now a critical task.

This timely webinar discusses how to implement a strategic analytics plan to develop consistency in automating, calculating, and modeling physician compensation plans. We’ll share data-driven methodologies and tactics that nurture a trust-centric culture, essential for ensuring physician buy-in. We’ll also explore how to effectively communicate not only current and projected compensation but also actionable insights a provider can take to maximize their performance going forward. You’ll discover the key role data-driven analytics play in modeling and adapting compensation structures.

What You’ll Learn:
• How to project and align physician compensation with critical practice initiatives
• Methods to provide physicians and management with relevant, timely data
• Tactics that foster productivity while emphasizing evolving strategic objectives
• Strategies for mitigating mistrust and dissatisfaction when introducing changes to compensation plans

Who Should Attend:
Healthcare executives, financial officers, HR professionals, and anyone focused on understanding the intricacies of physician compensation in the contemporary, data-driven era will find this webinar invaluable.

Join us on November 29, 2023, at 1 PM Eastern Time. As we conclude our series, we’ll delve into the intricate nature of physician compensation metrics and emphasize how the insights from Parts 1-5 are instrumental for organizations aspiring to adopt best practices in a data-driven environment.

Click here to view the PDS Fall Series schedule.