Accelerating Revenue Management and Growth with KPIs
Summary
With the changing payer landscape for Medicare beneficiaries, care at home organizations must closely monitor their cash flow and organizational processes to ensure financial stability. In an education session at the 2023 Axxess Growth, Innovation and Leadership Experience (AGILE), Nick Seabrook, Managing Principal and Senior Vice President of Consulting at SimiTree, and Jaime Carlson, Vice President of Business Intelligence at Axxess, discussed how to use key performance indicators (KPIs) to accelerate revenue management and growth. Tools like Axxess Business Intelligence eliminate the manual tasks of data aggregation and help leaders create appropriate benchmarks and continually measure performance toward goals. Successful data analysis should have positive financial and quality impacts by enabling organizations to make more concise, targeted and actionable plans. “Business intelligence really is the thing that’s going to help you move the needle when it comes to operational efficiencies, your financial performance and improving your patient outcomes,” Carlson said.
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