PowerBI Reporting and Data Analytics Services for AdvancedMD

Maximize Your Medical Practice’s Potential With Enterprise-Level PowerBI Reporting for AdvancedMD

Achieve Complete Operational and Financial Visibility with Easy-to-Use Actionable Insights in 30 Days

PracticePath specializes in providing turnkey business intelligence (BI) and data analysis solutions tailored for healthcare and medical practices. By combining AdvancedMD office keys, ODBC Sql database, and PowerBI, we set new standards through unparalleled reporting and analytics to intelligently measure, monitor, manage, and transform healthcare facilities and medical practices.

Our PowerBI reporting solutions for AdvancedMD are an “execution management and excellence creation system” that offers customized, intelligent, and actionable reports. These reports serve as the connective tissue of your enterprise, providing a unified understanding into aspect of your operations.

Imagine an MRI for your practice, revealing how things really operate and illuminating the biggest opportunities and most effective  path forward to achieve more value, growth, and revenue.

Using our PowerBI solution for AdvancedMD, you will gain unprecedented levels of operational insights, alignment, and achievement across your entire organization. By further integrating data across your existing systems, people, and workflow, we simplify things for your staff and unveil hidden value opportunities within your business.

PowerBI Data Analytics for AdvancedMD

  • Fact-Based Insights: Use actual data to audit, analyze, and improve operations and outcomes.
  • Simplified Analysis: Utilize user-friendly visualization and reporting tools for non-experts.
  • Clear Reporting: Eliminate confusion with standardized reporting, reducing the need for guesswork and endless data searches.
  • Quality Assurance: Ensure work is performed in an optimized manner.
  • Productivity Boost: Free employees from searching for data, allowing them to focus on value-adding tasks.
  • Centralized Reporting: Decrease reliance on spreadsheets by 95%.
  • Data Democratization: Enable self-service data access for all authorized users, regardless of technical skill.
  • Resource Optimization: Allow IT staff to focus on strategic projects by reducing data and reporting requests.
  • Bottleneck Removal: Identify and eliminate friction points in workflows.
  • Duplicate Work Reduction: Enhance workflows to achieve superior first-time results.
  • Employee Morale: Increase job satisfaction by reducing manual efforts and focusing on meaningful work.
  • Improved Patient Experience: Enhance clinical and patient experiences with better operational efficiency.
  • System Compatibility: Leverage your existing technology investments without the need for rip-and-replace.

Extensive and Actionable PowerBI Reports We Offer

This represents a short list of the endless reports we offer our clients, If there is a report you don’t see here that you need, just ask us. Don’t know where to start? We can help with that too.

Financial Performance Reports

  • Revenue Cycle Management Metrics: Average days in AR, claims submission and acceptance rates, denial rates.
  • Operating Costs Metrics: Expenses per provider, per patient, operating margins.
  • Cash Flow Metrics: Cash reserves, cash flow ratios, cash conversion cycle.
  • Year-to-Date Financial Reports: Summaries of revenues, expenses, profits, losses, patient volumes, and billing information.
  • Aging Reports: Track outstanding invoices to maintain financial stability.
  • Provider Productivity Reports: Patient visits, provider time utilization, revenue per patient.
  • Payment Trend Reports: Analyze patient payment trends and adapt billing strategies.
  • Insurance Collection Reports: Detailed claims data to negotiate better contracts with insurers.
  • Profitability Analysis: Monitor profit margins, return on investment (ROI), and overall financial health.
  • Cost-Benefit Analysis: Evaluate the cost-effectiveness of treatments and services.
  • Sales Performance Reports: Track sales metrics, identify trends, and optimize sales strategies.
  • Patient Referral Conversion Reports: Monitor referral sources, conversion rates, and optimize referral processes.
  • Budget vs. Actual Reports: Compare budgeted financials with actual performance for better financial planning.
  • Detailed Revenue Analysis: Break down revenue by service type, location, and provider.
  • Missing Charge Slips: Identify and address missing charge slips to ensure accurate billing.
  • Unbilled Patient Notes: Track and resolve missing and unbilled patient notes to maximize revenue.

Operational Performance Reports

  • Dynamic Dashboards: Enhanced data visualization and custom reports.
  • Operational Metrics: Sales performance, order fulfillment, inventory levels, customer service metrics.
  • Expense Management: Track and reduce operating costs.
  • Compliance and Security: Ensure regulatory adherence and data security.
  • Workflow Analysis: Identify and resolve operational bottlenecks.
  • Staff Performance Metrics: Track staff productivity, efficiency, and performance.
  • Resource Allocation Reports: Optimize the use of resources, including staff, equipment, and facilities.
  • Supply Chain Management: Monitor and manage inventory levels, supplier performance, and procurement processes.
  • Patient Referral Management: Track and optimize referral sources and conversion rates.
  • Appointment Scheduling Efficiency: Analyze and improve appointment scheduling to minimize no-shows and cancellations.

Clinical Performance Reports

  • Patient Care Analytics: Uncover patterns in patient data for improved care strategies.
  • Clinical Recall Analysis Reports: Manage patient follow-ups and preventive care.
  • Clinical Note Management: Ensure completeness and accuracy of clinical notes.
  • Quality of Care Metrics: Staff-to-patient ratios, patient follow-up rates, patient satisfaction.
  • Procedure Cash Flow: Analyze the impact of procedures on cash flow.
  • Clinical Outcomes Tracking: Measure treatment effectiveness, patient outcomes, and clinical performance.
  • Patient Safety Metrics: Monitor and improve patient safety through detailed reporting.
  • Treatment Protocol Compliance: Ensure adherence to clinical guidelines and best practices.
  • Clinical Efficiency Reports: Track the efficiency of clinical operations and identify areas for improvement.
  • Chronic Disease Management Reports: Monitor and manage chronic disease patients effectively.

Patient Performance Reports

  • Patient Metrics: Acquisition rate, retention rate, satisfaction scores.
  • Patient Engagement: Track patient follow-ups and engagement.
  • Patient Payment Metrics: Monitor patient payments and out-of-pocket expenses.
  • Patient Intake Automation: Streamline the intake process for a better patient experience.
  • Late Cancel/No Show Management: Automate management and billing for cancellations and no-shows.
  • Patient Demographics Reports: Analyze patient demographics for targeted marketing and care strategies.
  • Patient Feedback Reports: Collect and analyze patient feedback to improve services.
  • Patient Visit History: Detailed reports on patient visit history and treatment plans.
  • Patient Compliance Reports: Monitor patient adherence to treatment plans and follow-up schedules.
  • Patient Satisfaction Surveys: Collect and analyze patient satisfaction data to improve service quality.

Comprehensive Report List Examples

We can create any type of operational, clinical, or financial report to power your business.

Financial Reports

  • Operating Cash Flow – Cash Flow Optimization
  • Accounts Receivable Aging Report
  • Payment Trend and Collection Reports
  • Expected Revenues (Revenue Projections)
  • Gross Revenues
  • Total Medical Revenue After Operating Costs
  • Net Fee-for-Service Revenues
  • Collection Ratios
  • Claims Denial Rates
  • Bad Debt
  • Payer Mix
  • A/R Days and A/R Aging Comparisons
  • Charge Posting and Billing Lag Time
  • Up-Front Patient Fee Leakage
  • Copay, Co-insurance, Deductible Collections
  • Patient-Due Collections
  • Average Treatment Charge
  • AR Turnover
  • Net Profit Margin

Operational Reports

  • Appointment Scheduling Attainment and Projection
  • Patient Conversion Rates – First Appointment and Follow-ups
  • Same-Day Appointments
  • No-Show Rates
  • Turnover/Retention Rates
  • Staff-to-Patient Ratio
  • Sales Performance Reports
  • Patient Referral Conversion Reports
  • Patient Turnover Reports
  • Missing Charge Slips Reports
  • Missing, Unsigned, and Unbilled Patient NotesReports
  • Key Performance Indicators (KPIs) Report
  • Clearing House Rejection Tracking
  • Denial Tracking
  • Physician/APP wRVU Productivity
  • Physician/APP Total Encounters
  • Physician/APP Panel Size
  • FTE Staffing Ratios
  • Patient Portal Use
  • Provider Billing
  • Provider Collections

Clinical Reports

  • Physician/APP wRVU Productivity
  • Patient Follow-Up Rate
  • Overall Patient Satisfaction
  • Patient Drug Cost Per Stay
  • Insurance Claim Processing Time
  • Claims Denial Rate
  • Average Cost per Discharge
  • Clinical Trial Tracking
  • Healthcare Trends Analysis
  • Patient Risk Stratification Reports
  • Chronic Disease Management Reports
  • Prescription Reports
  • CPT Code Reports
  • Diagnosis Codes (DX Codes) Reports

Patient Experience Reports

  • Patient Outcomes
  • Patient Payments Collected Report
  • Patient Satisfaction Scores
  • Patient Follow-Up Rate
  • Patient Portal Use
  • Overall Patient Satisfaction
  • Patient Drug Cost Per Stay

Analysis Reports

  • Top Carrier/Insurance Analysis Report
  • Payer Reimbursement Metrics
  • CPT Codes Analysis
  • Clinical Trial Tracking
  • Healthcare Trends Analysis
  • Patient Risk Stratification Reports
  • Chronic Disease Management Reports

Using PowerBi Reporting to Understand and Eliminate Variability and Inefficiency in Your Operations

Many practices are unaware of the extent of variability in their operations and the significant impact it has on overall performance. Without clear visibility, practices struggle to see the complete picture of how things are executed across various programs, systems, and departments.

Our clients are often surprised by the discrepancy between their theoretical operations and actual practices. This disconnect leads to communication breakdowns, inefficient systems, and manual processes, resulting in cash leakage, lost value, low efficiency, unmet patient needs, and increased resource burdens.

Our solutions address these issues by connecting systems, processes, and people, providing insights that enable effective collaboration and improved outcomes.

Key Solutions and Benefits

  • Objective Insights: Gain a 100% objective, real-time, unbiased view of your processes using data from your systems and staff, helping you identify and capture value opportunities.
  • Impact Quantification: Demonstrate the value of improvements by quantifying their impact before and after implementation.
  • Stakeholder Alignment: Drive stakeholder buy-in and alignment with data-driven suggestions and expected ROI.
  • Effective Prioritization: Prioritize initiatives by quantifying potential gains, directing time and resources efficiently.
  • Outcome Optimization: Standardize processes to achieve faster, cost-efficient outcomes through predefined rules and proactive actions.
  • Rapid Results: Implement easy-to-use insights that can deliver tangible results in as little as four weeks.

Use Actionable Insights and Business Intelligence To Enable Organizational Work Orchestration and Outcomes

  • Unified Goals: Enable departments to work collaboratively towards shared business targets.
  • Increased Transparency: Provide an end-to-end view of all data aspects and their interactions.
  • Silo Elimination: Foster collaboration by bringing stakeholders together to work on common goals.
  • Innovation Stimulation: Combine diverse perspectives to address business problems with innovative solutions.

Use PowerBI Reporting for AdvancedMD To Maximize Technology Investments and Improve Efficiency

Unlock your medical practice’s full potential by leveraging the data in and across your existing medical systems. Our EMR and billing automation solutions seamlessly extend your current technology infrastructure, streamlining operations, enhancing efficiency, and improving patient care.

PowerBI Reporting for Executive Management

Adaptation is crucial in today’s rapidly evolving healthcare landscape. Emerging technologies, rising customer expectations, and the need for greater efficiency demand that all departments work seamlessly together. However, many healthcare enterprises face significant challenges due to the disconnect between departments and systems, leading to lost value, low efficiency, and unmet patient needs.

Practices need a unified understanding of operations, clear visibility of processes, and a way to connect the dots to ensure everything and everyone works better together.

By integrating AdvancedMD with PowerBI, you can harness the power of data to drive actionable insights, optimize every aspect of your practice, and achieve desired operational, clinical, and financial outcomes.

PowerBI Benefits

Enhanced Decision-Making with Real-Time Data Insights
  • Real-Time Data Insights: Access real-time data on patient care, operational efficiency, and financial health, enabling swift, informed decision-making.
  • Customizable Dashboards: Visualize critical metrics and trends with our intuitive dashboards for quick analysis and strategic planning.
Improved Operational Efficiency
  • Streamlined Processes: Identify and eliminate bottlenecks within your operations to maximize efficiency.
  • Performance Monitoring: Easily monitor and manage staff and resource performance, ensuring optimal practice operations.
Superior Clinical Outcomes
  • Patient Care Analytics: Delve into patient data to uncover patterns and trends, leading to improved care strategies and outcomes.
  • Quality Improvement: Use analytical tools to continuously monitor and enhance care quality, surpassing healthcare standards.
Financial Optimization
  • Revenue Cycle Management: Gain comprehensive insights into your financial processes to identify improvement areas and enhance revenue cycle efficiency.
  • Cost Reduction Strategies: Implement effective cost reduction strategies without compromising patient care quality.
Compliance and Security
  • Regulatory Compliance: Ensure compliance with all healthcare regulations using our reporting and analytics.
  • Data Security: Trust in a platform that prioritizes the security and confidentiality of your patient and operational data.
Customization and Support
  • Tailored Solutions: Custom solutions to meet your healthcare practice’s unique needs, ensuring relevancy and effectiveness.
  • Dedicated Support: Benefit from our expert support team, dedicated to helping you.
Patient Diagnosis and CPT Coding
  • Precision: Our solution helps flush out incorrect medical diagnoses and CPT codes, reducing the burden on your clinical staff and minimizing coding errors.
  • Optimization: This precision in coding optimizes billing, enhances revenue recovery, and ensures compliance with healthcare regulations.
Customized Billing Automation
  • Tailored Billing: Enhance revenue cycle management by ensuring accurate billing, reducing errors, and improving cash flow. Our system adapts to your specific requirements, providing a personalized solution that maximizes efficiency.
Maximized Technology Investments
  • Extend Capabilities: Extend the capabilities of your existing EMR and billing systems, helping you maximize the return on your technology investments.
  • Cost Savings: Our automation solutions extend the lifespan and enhance the utility of your current infrastructure, offering significant cost savings over time.
Enhanced Clinical Productivity
  • Focus on Care: Improve clinical efficiency, allowing providers to focus on delivering high-quality patient care.
Accelerated Financial Operations
  • Streamlined Revenue Cycle: From accurate charge capture to efficient claims processing and payment collection, our automation accelerates your practice’s financial operations, enhancing your bottom line.
Reduced Administrative Tasks
  • Automation: Automate and reduce time-consuming administrative tasks, freeing your staff to focus on more strategic initiatives.
  • Efficiency and Satisfaction: This not only improves operational efficiency but also enhances staff satisfaction by eliminating repetitive and manual reporting work.
Data-Driven Insights
  • Integrated Analytics: Provide real-time insights into your practice’s performance, enabling informed decisions that drive operational and financial improvement.
  • Comprehensive View: Our solutions offer a comprehensive view of your practice, from patient care metrics to financial performance.
Improved Patient Satisfaction
  • Enhanced Experience: Contribute to a better patient experience through automated reminders, streamlined check-ins, and efficient patient flow.
  • Satisfaction: This leads to shorter wait times, improved communication, and higher patient satisfaction levels.
Scalable Solutions for Future Growth
  • Adaptability: Our scalable solution adapts to your practice’s evolving needs. Whether expanding services, adding new providers, or increasing patient volumes, our system grows with you, ensuring sustained efficiency and success.
Ongoing Support and Innovation
  • Continuous Improvement: PracticePath means gaining a partner committed to your success. We provide continuous support and regularly update our solutions with the latest advancements in healthcare technology and regulatory compliance.

By integrating AdvancedMD with PowerBI, you can harness the power of data to drive actionable insights and optimize every aspect of your practice, fixing, driving, and delivering desired operational, clinical, and financial business outcomes.