Insights: Unleashing the Power and Avoiding the Pitfalls of Data
Download MP3Editor’s note: All of today’s guests can be heard speaking at MGMA19 | The Data Conference, May 16-18 in Orlando, Florida. As a special offer to you, our podcast listeners can receive $200 off the regular registration price by entering the code PODCAST at mgma.com/datacon
Healthcare’s business analytics market is projected to grow from $14 billion in 2019 to more than $50 billion by 2024. To help healthcare professionals better understand and utilize data in their practice, this episode of MGMA Insights is focused on providing information on how data can best be utilized in a medical practice. We also explain the importance of evidence-based thinking and discuss how to apply key metrics to a dataset.
Experts and topics in this episode include:
• Ashley Voss, Data Analyst II, MGMA, on data collection and analysis
• Chris Addison, MBA, LSSGB, Student Health Services, on Lean principles and data-driven decisions
• Lynda Barrie, Consultant, MGMA Consulting, on key metrics to use in datasets
• Frank Cohen, MBB, MPA, Director of Analytics, Doctors Management LLC, on evidence-based thinking
• Timothy Smith, CPA, ABV, Principal, TS Healthcare Consulting, on being a data skeptic
Sources for this episode include:
https://www.mgma.com/resources/financial-management/predicting-the-future-of-healthcare-with-analytics
https://www.mgma.com/data/data-stories/the-power-of-benchmarking-data-for-healthcare-lead
https://www.mgma.com/resources/financial-management/physician-practice-losses-using-loss-sourcing-ana
https://www.mgma.com/resources/revenue-cycle/get-proactive-with-payments-how-medical-groups-ca
If you like the show, please rate and review it wherever you get your podcasts. Every positive review helps new listeners find the show. If you have any questions, concerns, or ideas, please shoot us an email at podcasts@mgma.com or visit mgma.com/podcasts for our complete library of episodes.
MGMA Insights is presented by Craig Wiberg, Decklan McGee, and Daniel Williams.
Editor’s note: All of today’s guests can be heard speaking at MGMA19 | The Data Conference, May 16-18 in Orlando, Florida. As a special offer to you, our podcast listeners can receive $200 off the regular registration price by entering the code PODCAST at mgma.com/datacon
Healthcare’s business analytics market is projected to grow from $14 billion in 2019 to more than $50 billion by 2024. To help healthcare professionals better understand and utilize data in their practice, this episode of MGMA Insights is focused on providing information on how data can best be utilized in a medical practice. We also explain the importance of evidence-based thinking and discuss how to apply key metrics to a dataset.
Experts and topics in this episode include:
• Ashley Voss, Data Analyst II, MGMA, on data collection and analysis
• Chris Addison, MBA, LSSGB, Student Health Services, on Lean principles and data-driven decisions
• Lynda Barrie, Consultant, MGMA Consulting, on key metrics to use in datasets
• Frank Cohen, MBB, MPA, Director of Analytics, Doctors Management LLC, on evidence-based thinking
• Timothy Smith, CPA, ABV, Principal, TS Healthcare Consulting, on being a data skeptic
Sources for this episode include:
https://www.mgma.com/resources/financial-management/predicting-the-future-of-healthcare-with-analytics
https://www.mgma.com/data/data-stories/the-power-of-benchmarking-data-for-healthcare-lead
https://www.mgma.com/resources/financial-management/physician-practice-losses-using-loss-sourcing-ana
https://www.mgma.com/resources/revenue-cycle/get-proactive-with-payments-how-medical-groups-ca
If you like the show, please rate and review it wherever you get your podcasts. Every positive review helps new listeners find the show. If you have any questions, concerns, or ideas, please shoot us an email at podcasts@mgma.com or visit mgma.com/podcasts for our complete library of episodes.
MGMA Insights is presented by Craig Wiberg, Decklan McGee, and Daniel Williams.
CareCredit
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
