Directional Drilling Your Practice Financials
Accessing the deep insights within the deep data in your practice
Drilling for data insights in a medical practice is a lot like drilling for oil. Many practices rely on single ‘straight hole’ cuts of limited data and obtain limited insights as a result. Others have more robust data housed in separate systems that are either isolated or integrated in ways that make data sharing difficult, if not impossible.
To get broader insights, practice administrative staff must drill separate data holes straight into the pockets of richest information and then attempt to combine and aggregate everything together. It’s inefficient and costly at best, and more often impractical and not even attempted.
To help you out, we put on our bright orange hardhats with a hummingbird logo and created this helpful guide. We explore the fascinating world of big data in the context of private practice analytics. Don’t worry. We make it fun. We share why drilling disparate data pockets often results in manual workarounds and interruptions. We also share lots of ways to avoid chaos and frustration.
Here are two key concepts we discuss:
- Functional elements of a successful data platform
- Determining baseline reporting and dashboards
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