Performance management, value-based reimbursement models, and healthcare planning all have one thing in common — they’re better when informed by financial and clinical data.
Healthcare performance improvement and quality measures depend on access to high-quality data as well as a data governance function — adopting roles, processes, and tools to manage data and analytics. That’s why healthcare organizations that want to drive real, lasting change prioritize investments in data, analytics technology, and analysts who can generate meaningful insights from raw information.
Across the healthcare industry, the early months of 2022 brought widespread staffing shortages, inflation, and relentless cyber threats — all compounded by the pressures of the ongoing...
Syntellis Market Insights is fueled by Syntellis IQ — an expansive data science engine that delivers powerful insights to illuminate and improve financial and operational performance...
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COVID-19 cases plummeted in February and March following January’s Omicron surge, and healthcare providers nationwide are beginning to see performance metrics stabilize somewhat as a result. Yet hospitals, health systems, physician groups, and other providers face continued challenges from ongoing workforce shortages, inflation, and supply chain issues.
Colleges and universities have access to more data than ever before, but many struggle to glean meaningful insights from it. In fact, 84% of finance professionals in higher education...
Healthcare, not unlike other industries, has experienced a digital transformation. With modern enterprise resource planning (ERP) and electronic health record (EHR) platforms, healthcare organizations can capture more operations and patient data than ever before.
Results Distribution Service (RDS) is a solution on the Syntellis Clinical Exchange platform that securely delivers hospital lab, pathology, radiology results, and transcription reports...
How do banks and credit unions measure and optimize financial performance? Read this article to learn the top 10 KPIs your financial institution should track.
See how Lehigh Valley Health drove drastic improvements in financial report run times and $4.4 million in staffing cost avoidance. Read the story!
What are the current trends in healthcare? In this e-book, we’ll cover the top 6 trends we’re seeing and how we’re responding to these market changes.
As interest rate expectations spark optimism, yet margins remain compressed, it can be difficult to get a pulse on profitability. It's time to go beyond internal metrics and compare...
Healthcare providers had a rough start to 2022 as the Omicron surge drove COVID-19 cases to record-high levels. Both the sudden spike and the abrupt drop in cases in January and February have left hospitals, physician practices, and other healthcare providers reeling. Volumes remain unstable and expenses continue to rise at unsustainable rates due in part to nationwide workforce shortages.
If you’re considering adopting FTP to better manage profit margins, follow these four best practices.