BUSINESS INTELLIGENCE REPORTING

ProcessMed > Services > Science > BUSINESS INTELLIGENCE REPORTING

BUSINESS INTELLIGENCE REPORTING

Simple Business Solutions has generated thousands of dollars in annual cost savings for businesses. Simple’s comprehensive cost reduction analysis is performed on contingency, which means Simple is compensated only if cost savings are identified for your business. Cut costs and imagine what you could do with all that money added to your bottom line…

Before founding Consulting WP in early 2001, Brandon started two Internet companies in Silicon Valley. Previously, Brandon held various management positions in New York at Simon Brothers, most recently as Vice President in Goldhill Group, focusing on new business development and risk management. He has also worked as a senior financial risk management consultant to the financial services industry; software engineer; advertising sales manager for the popular Caribbean travel guide series; general manager of an advertising and graphic

Business Intelligence

Designing client specific custom reports.
Productivity Analysis.
Referral Analysis.
Days in A/R.
Payor Mix.
Claim Denial Data.
Statistical Reporting.
Annual Compliance audits and Reporting.
Comprehensive Denial Management/Track and Trend Reports.
Timely month end reports.
Payment level monitoring for insurance
Comparative data of actual vs. projections.

reporting

Monthly management and operational reporting.
Summary of Monthly financial data.
Trend analysis.
Comparative data of actual to prior year.
Quarterly Audits.
Audit and review of statistically valid number of remittance notices from third party payors.
Audit Denials from Third party payers.
Track accounts receivable by plan and by company.
Revenue by physician/provider.
Allowances/bad debt by physician/provider.
Calculation of allowances/bad debts by Payor mix.

Statistics by charge code/encounters/location.

Processmeds full library of reports is designed to meet any requirements and show the data is a wide variety of views. PROCESSMED utilizes the Business Intelligence software to generate our reporting. In addition to the library of available reports that are currently available to our clients, we also create custom reports upon request at no additional charge. PROCESSMED charts and graphs can be broken down into Bar Chart, Pie Charts, and Line Graphs as well as represented by the summary detail data within a single view. This applies to all Charges, Payments, Discounts and Denials.

Processmeds KPI tracker allows the facilities the ability to keep track of the important data points from a summary level. Additionally the reports are drillable to narrow down the search from a broad Key performance indicator to grouping by facility to a specific visit. CPT Utilization report is also available. The CPT data is linked to the individual charge codes and can be broken out by the general CPT classifications and even narrowed down to a single section such as Evaluation and Management.