Provider Analytics solution aims to help physician groups improve financial performance: 3 things to know

Sentry Data Systems' Provider Analytics solution delivers assistance to hospital-owned and independent physician groups in managing performance and compensation.

Here are three things to know about the solution.

1. The solution offers near real-time data analysis to help manage costs and profitability as well as physician engagement and satisfaction, according to a news release.

2. According to the release, the solution module is designed to:

  • Reduce compensation errors
  • Enable administration to align compensation with quality metrics
  • Reduce staff hours spent calculating physician productivity and compensation
  • Allow for historical accounts receivable analysis by payer or patient
  • Benchmark against internal and external data points
  • Improve physician satisfaction

3. According to the release, special features of the module include:

  • Data points on provider-specific trends
  • High level executive analysis created with key stats and operating measures
  • Historic accounts receivable analysis
  • Aging accounts receivable analysis
  • Ad-hoc analysis
  • Physician benchmarking
  • Individual user security

 

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