Eligible for: ACMPE: 1|ACHE: 1|CEU: 1|CME(AAPC*): 1|CPE: 1.2|PDC: 1|PDU: 1 *MGMA is now offering our full conference for AAPC credit via our partnership with ACCME. Please see the event Continuing Education page for more information. Traditional | Basic | Comprehension
*Session will be included in the MGMA Summit.
As medical groups of all sizes continue to struggle with operating margins, the need to better understand your business in a timely and accurate manner becomes imperative. From a financial and clinical perspective physician enterprise data is complicated, and the effort to gather and report is time-consuming. A user-friendly environment allows decision-makers to utilize robust performance indicators that consolidate clinical and financial data. Using different types of benchmarks to measure performance trends helps create a culture focused on the ongoing review of available information for leadership, staff and physicians. There are several cost-effective business intelligence strategies that can be deployed to simplify the data-gathering process. These strategies should maintain consistent data governance and ensure data integrity. By doing so, key stakeholders will gain trust in the data and be able to take appropriate timely action to improve financial and clinical performance.
Learning Objectives:
Review efficient approaches to gathering data and organizing consistent information.
Recognize the importance of one source of truth to provide trust and confidence to end users and key stakeholders.
Describe how to maximize your staff's time to focus on supporting providers and patient care with less effort on data gathering and reporting.