Do you know an individual physician’s charge lag for a specific time period?
Can you pinpoint scheduling gaps for an area within your provider group?
Do you know the financial impact of your employed physicians across the healthcare setting?
Do you know how the performance of your employed physician group compares to others in the industry?
As a result of the rapidly transforming healthcare environment, hospitals and health systems are now focusing on additional ways to enhance employed physician revenue while improving the patient experience. In order to move into a more patient-centered model, increased operational efficiency must be the primary focus.
Physician Analyzer provides deep visibility into physician practice data to help you move towards high-value service while also securing high-value financial returns. It provides comprehensive reporting that uncovers key productivity, revenue and cost drivers for your physicians.
Physician Analyzer facilitates easy assessment of volume, payer mix, capacity, charge lag, CPT code analysis, procedure code analysis, revenue metrics, RVUs, scheduling, patient and much more. The analysis process begins by gathering and integrating physician practice billing, payroll and financial data. Next, DataRiver’s proprietary algorithms along with industry benchmarks are applied to the data in order to uncover the calculated gaps. The exposed gaps provide an explanation to the reason for and the magnitude of loss within each of these economic drivers of a physician practice.
Access Your Data From Anywhere
Physician Analyzer uses a combination of web and mobile based dashboards focused on productivity, revenue, and capacity. Separate reporting covering visit coding, payer mix, and others deliver insights across your practice or health system.
- Physician Heat maps
Physician Analyzer uses standard metrics including:
Additional Dashboard Features
Meaningful use sets specific objectives that eligible professionals (EPs) and hospitals must achieve to qualify for Centers for Medicare & Medicaid Services (CMS) Incentive Programs. With DataRiver™, these objectives can be tracked by specialty, practice, and/or patient.
Physician Analyzer can also include your general ledger data, allowing for physician, practice, or specialty focused income statements listing revenue, expenses, and net income or loss for a specified time. The income statement is the most adept and flexible device for monitoring your practice’s financial health, which is why most practices review these statements at least quarterly, often monthly.
Easily track performance by specialty, practice, or physician based on key performance indicators in your scheduling and billing data. View metrics such as “No Shows” and “Hours Booked” as well as “Office Visits” or “Work RVUs” by week or month.