Improve Your Revenue Cycle Analytics to Boost Your Pandemic Financial Recovery

The latest MGMA Stat poll asked medical practices what they use for revenue cycle analytics. More than half (52%) reported they use a pre-built report from an EHR.

“Some systems have great analytics capability, but even a system like Epic works with Tableau,” the respondent said. “Many systems allow you to download and manipulate the data. There are some great third-party solutions which allow you to provide analytics which can promote change.” 

If your main source of revenue cycle analytics is a built-in report, how much have your EHR reports changed in the past 20 years? How much has your practice changed in the past 18 months? Think about moving past traditional charges, payments and adjustments data to look more proactively at your revenue cycle.