Miami, FL, (PRWEB) November 05, 2013
dashboardMD, a leading provider of business intelligence reporting solutions for healthcare, announced today the availability of a new turnkey analytics module that allows a medical practice to improve its financial performance by optimizing the scheduling of appointments. A critical financial factor, which many medical practices overlook, is how patient scheduling affects their bottom line. An AMA Report reiterates the importance of proper patient scheduling and the significant impact that it can have on the financial success of a physician practice.
dashboardMD’s new Appointment Analytics solution provides a comprehensive view of a medical practice’s scheduling activities per resource or location. These analytics are delivered daily via interactive dashboards, ad hoc reporting tools and automated emailed reports. With this ten thousand foot view of appointment scheduling, physician practices are able to maximize their office resource utilization. Executives and administrators gain a better understanding of patient wait times, and how the dynamics for no-shows, cancellations and bumped appointments affect their practice productivity and how it affects them financially.
"Many analytic tools in our industry only read the EDI claims or ERN payments data which simply does not contain all the data points necessary to analyze and monitor the big picture. The release of our integrated Appointment Analytics coupled with our Clinical Analytics confirms our commitment to providing our customers with single source administrative reporting and analytics across the entire healthcare spectrum," explained Jose Valero, President and CEO of dashboardMD.
dashboardMD’s cloud-based revenue cycle management tools provide turnkey, end-to-end healthcare analytics, from a single IT solution. Physicians now have daily reports at their fingertips with all the information they need to make confident, intelligent business decisions for best practices. In addition, dashboardMD also offers its HIT vendor business partners these same strategic advantages for their clients by providing private labeled and revenue sharing opportunities through OEM, VAR or Referral partnership models.
dashboardMD (http://www.dashboardMD.com) is a leading provider of Business Intelligence solutions and healthcare analytics for provider organizations. The company’s unique daily processing and turnkey management model completely automates revenue cycle monitoring and analysis. Web-based enterprise reporting tools include Daily Dashboards, Scorecards, Alerts, Ad Hoc and Predictive Analytics. Reports can be pushed via e-mail, exported to Excel/PDF or displayed as interactive dashboard screens with color coded charts, graphs, gauges and tables. Implementation is easy, and the entire service is delivered through a low-risk, Software-as-a-Service business model.