Healthcare Analytics and Business Performance Management

"You can’t manage what you don’t measure."
Dr. Robert Kaplan, Harvard Business School

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dashboardMD offers healthcare executives a powerful view into the performance of their practice, by automatically measuring, monitoring and analyzing revenue cycle processes. The business intelligence (BI) gained from dashboardMD reveals critical information that is not found in operational reports from practice management or clinical systems. BI makes it possible to answer complex business questions such as:
  • Are all cash collections on target for the day, week, month or year?
  • Are A/R days, denials and collections headed in the right direction?
  • Which payers or procedures cause the most denials? Why?
  • Which locations or payer contracts are most profitable?
  • Which departments are improving and which are not?

Save countless hours compiling data, producing and distributing reports. Analysis can be displayed on dashboard screens as easily understood gauges, charts, graphs and tables, and exported to Excel or PDF. Scorecards, trends, projections and OLAP analysis turn complex data into usable information. Intuitive drill paths invite further analysis by clicking through layers of data. Our decision support tools immediately identify areas that need your attention, eliminating guesswork and management by "gut feeling."

Alerts may be triggered by adverse changes at any phase of the revenue cycle. Once corrective measures have been put into place, the system will monitor their effectiveness and continue to alert you if levels of performance have not improved. Gain insight into all phases of the revenue cycle, just by checking your dashboard for a few minutes each day.

dashboardMD Performance Management Tools

Dashboards – At a glance insight from analyzed data presented as charts, graphs, gauges and tables
Scorecards – Aggregate data provides an overview of current status, trends and projections
KPI Benchmarking – Measure and monitor user-defined performance indicators against goals
Alerts – Email notification of changes in KPI status
Enterprise Reporting – Automatically combine data from multiple sources
OLAP Analysis – On Line Analytical Processing tools

  • Benchmark, monitor and assess the success of strategic initiatives
  • Set realistic goals and compare to best practices
  • Align resources with organizational needs
  • Understand the cause and effect relationships that drive financial performance and make intelligent, fact-based decisions
  • Alerts promote management by exception, prompting early action to identify problems, trends and opportunities
  • Web-based service offers low TCO and eliminates software & hardware concerns

dashboardMD is a MGMA Gold Affiliate and member of AMGA, HIMSS and Microsoft Solution Partners.

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