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How Healthcare Providers Can Leverage Advanced Analytics to Achieve Strong Financial Performance

White Paper Published By: GE Healthcare
GE Healthcare
Published:  Aug 27, 2015
Type:  White Paper
Length:  11 pages

Healthcare entities that leverage advanced technologies for insights-enabled intelligence, and then redesign their workflows and processes around them, will be those who generate greater revenues and performance results, attract top healthcare professionals and more patients, and deliver the performance needed to ensure future investment. Advanced analytics enable leaders to optimize their financial performance and continually improve and adapt to market dynamics to create competitive advantage. Enabling advanced levels of business intelligence can help organizations improve financial operating performance, care outcomes and patient experience. Leaders that are committed to adopting a strategy powered by advanced analytics capabilities are therefore fundamentally better positioned to improve financial and clinical performance, despite the market pressures they face today, and to strengthen competitiveness for continued success in the future.

Tags : 
centricity business, financial management, analytics, revenue cycle, hospital billing, hospital finance, patient billing, rcm, episodic payment, accountable care, icd-10, healthcare reform, shared savings, capitation, payment reform, risk based contracting, hospital consolidation, [mjm] claims, denials, cost to collect