Powerful, Timely Business Intelligence Helps You Get the Most from Your Data

As a radiology provider or administrator, you need to obtain data from multiple sources to effectively manage the clinical and administrative side of your practice. The truth is that this isn’t easy. The complexity of clinical data and the dynamics of reimbursement combined with the regulatory demands inherent in providing radiology services exacerbate this challenge. As a result, business intelligence (BI) analytics and applications are essential tools for you and your team to gather in order to make the best strategic decisions to guide your practice.

What makes BI applications effective is the underlying quality of data. Healthcare data, in particular billing data, is especially complex and you need a business intelligence data model that is specifically designed for the radiology environment. You also need a BI solution that can marry order data, clinical data, and financial data to provide you with a complete view of your patient population to leverage that data in a variety of areas such as contract negotiations in the hospital, payer and ACO environments. These insights bring knowledge to the quality of information conveyed in your operational reporting and analysis of key performance indicators (KPIs), being able to fuse data from multiple sources is critical. For example, linking order data, clinical data, and financial data is the best way to understand your true cost of providing services and the population you are servicing. Analyzing data from these multiple sources by referring physician also identifies physicians causing unusually high numbers of claim denials or types of incorrect orders.

Strong BI tools help you improve your understanding of your patient population as well. By analyzing order data, financial data, unstructured data (radiology reports), and patient demographic data you can remove data silos and apply a holistic view of service lines, procedures, patients and locations. Through these insights you can apply data driven processes throughout your practice to improve patient satisfaction, contract negotiation and drive value back into your radiology practice.

Through real-time and historical evaluation you will be able to identify trends and abnormalities while monitoring impacts of newly found insights. Patient populations can be crossed referenced to clinical and financial data, across specific demographics and criterion. This data will allow radiology practices to better position themselves in the ever changing US healthcare system by way of facts versus gut-feel or hearsay.

XiFin Business Intelligence is cloud-based and built on a world-class infrastructure that is powerful enough to handle the data demands of radiology providers. XiFin provides a world-class BI solution that gives you access to the information you need, when you need it to make the best financial and clinical decisions. And because it’s built on the XiFin cloud-based platform, radiology providers of all sizes can cost-effectively access enterprise-level business intelligence.

XiFin provides all of the essential components of effective BI from operational reports and alerts, to federated data, mobility, data discovery, and more. XiFin makes it easy to incorporate additional data sources into the BI application for a complete view of the patient financial lifecycle. XiFin Business Intelligence helps you get the most from your data. You’ll have easy access to the insights that provide knowledge of your practice performance and key metrics whenever and wherever you need them.