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 data life cycle using a product like Microsoft’s Power BI. 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
Many companies are already 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:
- Fee schedules
- Member co-payment
- Claim Details
- Claim Status
- Denial Reasons
Power BI for Healthcare FAQ
Why use Power BI for Healthcare Analytics?
Power BI enables quick access to various source systems. You can start building a solution for your company by starting with one application and add more application data as your go. This provides business value quickly and starts your data transformation plan with a low total cost of ownership.
How do I get started with Power BI on Healthcare data?
We recommend you start with your best source of data. The application that has the cleanest data or the most critical data to your operation. Often starting with your claim information is best. Dashboards can be built in iterations allowing for additional information over time.
Can employees get Power BI on their phones and tablet?
Yes, Power BI provides secure access to your data via the Power BI app available on your tablet or phone. This enables field employees to keep up on critical metrics.
Can I get a consolidated view of my healthcare data?
Yes, Power BI enables us to gather data from across your company and present it as a single dashboard. Empower your employees to make better decision by knowing all the facts.
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?