Here are three things to know about the solution.
1. The solution offers near real-time data analysis to help manage costs and profitability as well as physician engagement and satisfaction, according to a news release.
2. According to the release, the solution module is designed to:
- Reduce compensation errors
- Enable administration to align compensation with quality metrics
- Reduce staff hours spent calculating physician productivity and compensation
- Allow for historical accounts receivable analysis by payer or patient
- Benchmark against internal and external data points
- Improve physician satisfaction
3. According to the release, special features of the module include:
- Data points on provider-specific trends
- High level executive analysis created with key stats and operating measures
- Historic accounts receivable analysis
- Aging accounts receivable analysis
- Ad-hoc analysis
- Physician benchmarking
- Individual user security
More articles on healthcare finance:
UMass Memorial points to Epic implementation for drop in operating income
How CHS, Tenet, UHS, LifePoint and HCA fared financially in 2016
CHI records $217.8M operating loss: 5 things to know
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