Why Use Power BI for Healthcare Reporting and Analytics

Your employees need to make data driven decisions yet many spend more time trying to gather instead of analysis data.  In order for your company to stay ahead of the competition you need to empower your employees with self-service business intelligence and analytics solutions.  Then you need to ensure they know how to use them correctly to make critical decisions for your business.

By implementing a modern business intelligence (BI) solution using Microsoft’s Power BI you can enable BI for healthcare.  We help companies get more value from their data.  Unlock your data and present it in a platform that lets everyone easily spot trends and anomalies.  Get more insights on your claims, members or providers by implementing a complete revenue cycle management solution.

Example of Power BI Dashboard Impact on Healthcare

  • Single version of the truth
  • Simplified reporting
  • Stop emailing large Excel files to limited users
  • Shared analytics platform
  • Empower your employees of all levels
  • Spot trends and outliers
  • Get alerts and notifications when values change
  • Access your data anywhere

Power BI Healthcare Reports Examples

Business intelligence in healthcare should be providing easy methods to view data from across systems to make informed decisions and spot trends and issues.  By using BI in healthcare companies can improve operations, increase patient outcomes and patient care along with reducing expenses.

BI examples in healthcare can be accomplished using Power BI to better understand their performance in critical areas.  By building reporting and dashboards you can gain new insights into areas such as:

Pre-Claim:

  • Contracting
  • Fee schedules
  • Enrollment
  • Authorizations

Claims

  • Member co-payment
  • Coding
  • Claim Details

Account Receivables

  • Claim Status
  • Denial Reasons
  • Appeals
Claim Data Summary in Power BI
Claim Data Summary Filtered by ICD Code

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Power BI for Healthcare FAQ

 

What types of Healthcare Questions can I answer with Power BI?

  • Which members have the most PPVs?
  • Why are claims being rejected?
  • Which Payers have the highest denial rates?

What are some uses for Predictive Analytics in Healthcare?

Predicting Re-Admissions to hospitals
Risk scoring for chronic diseases
Predicting Utilization Patterns

Who benefits from Dashboards in Healthcare?

Everyone! Dashboards insure all of your employees are looking at the same data. This helps ensure your organization is moving together in the same direction. Spot trends, issues and patterns in your data to improve your operations.

What types of Healthcare businesses can use Power BI?

Insurance Companies
Hospitals
Ambulatory Centers
Providers

The below video shows how you can easily visual claim data with Power BI.  See patterns and trends in claim experience and improve your operations.

CDO Advisors Microsoft Power BI Solutions:

BI as a Service – Low Monthly Fees, Pay Per Month Per User

Executive Dashboards – Get Dashboards in 4 Weeks

Healthcare Dashboard Proof of Concept – SEE your data visualized

Microsoft Power BI Demo – Compare your current reporting to Power BI

Power BI Quick Start Solutions – Ready to start or enhance your Power BI?

Train Your Team – Remote Power BI Developer and End User Training

Use Power BI for Finance Teams – Learn how Power BI can improve operations

Virtual Chief Data Officer – Confused by all your data?  We can help