- August 01, 2020
Clinic Financial Dashboard : Your Best Risk Management Tool!
How helpful will it be for the clinic to have a financial dashboard in their CMS?
Most people want to have an overview of the financial health of their clinic, and because some CMS have very extensive analytical reports in their systems, you might find it a hassle to find the specific reports to view different aspects of your clinics' "health."
Therefore we came up with this financial dashboard where you can conveniently with just a click away to see vital pointers of the clinic.
This feature proves to be extremely helpful, especially for directors/management of our clinics, as it has allowed them to have a quicker way to to have an overview of the clinics' “health”.
Below are some of the view that can be slightly configured to your clinic practice.
With this feature, users will be able to do the following:
1. Set Monthly Revenue Targets for your clinics
Have the choice to set monthly revenue target for your clinics
2. Have a quick view of which of your drugs is expiring
Many of our clinics find this feature useful, as it allows you to know which drugs are expiring with one glance. This helps you to plan ahead of time for the next action you need to do for your clinic's stock for drugs.
3. Know the Trending for the patient load for your clinics.
Get to know how many patients you have over a course of 12 weeks, and what type of visits you are your patients are coming to you for. ( Private Visits, Government or Corporate patients.)
This way, you better analyse the trending to better adjust accordingly to make sure your clinic's financial health is in good shape.
4. Revenue Growth for your clinic over 24 weeks!
This reports comes in handy to better understand how well your clinic is doing, along with the revenue, patient count and the billed revenue that you are getting after deduction from TPA. This allows you to better understand your own clinic' financial health as well!
These are just some of the many features that comes in handy for many of our clinics, and as SGiMED grow, we would love to share with you and bring more innovative and helpful features to help you better manage your clinic with our system!
Feeding the Demand for Performance Management Information: Reports or Dashboards?
At their foundational level, dashboards serve one purpose: Boil it down so we know what’s going on! When dashboards emerged in the 1990s, they were viewed as the visual, on-demand alternative to traditional reports. As dashboards have grown more sophisticated and user-friendly, their benefits include the following capabilities:
- View information in an easily consumable, visual manner that can be tailored for different users.
- Draw insights and conclusions more readily from graphic presentations of data on single computer screens.
- Drill down, filter, and sort critical business data more quickly and easily.
- Interact intuitively with data in easy-to-understand formats.
- Compare data from different sources and across extended timelines more readily.
(Jeff Goldstein,30 November, 2017)Read More
Using Visual Analytics, Big Data Dashboards for Healthcare Insights
The need to make sense of big data is quickly becoming an imperative in the healthcare industry, demanding a degree of time, skill, attention, and resources that many providers simply do not have to spare.
While changing payment models are putting pressure on clinicians to have instant access to actionable information about their patients, their performance, and their potential to close lingering gaps in care, many electronic health records and business intelligence systems are still struggling to deliver at-a-glance insights that could potentially revolutionize the way providers work.
There are any number of contributing factors to this dearth of meaningful clinical intelligence available at the point of care. Poor data integrity and governance, a lack of technical interoperability, and challenges with privacy and security all converge to create one of the biggest overarching problems in the healthcare industry: big data simply isn’t very usable yet.
(Jennifer Bresnick, September 18, 2017)Read More