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ClariteeBI: Advanced Healthcare Business Intelligence

Better data enables better decisions and ultimately better performance. As the business of medicine has become more complex, it is critical that medical practices take control of their data and ultimately the financial future of their organizations.

MedOptima gives you that control via a powerful healthcare business intelligence tool called ClariteeBI. This sophisticated data reporting and analysis tool is specifically designed to help healthcare executives, billing professionals, physicians, and other clinicians harness the power of data, and in so doing, support better decision-making and better clinical, operational and financial performance.

ClariteeBI aggregates data from all major practice management, electronic medical records, and accounting software systems. It seamlessly enables high- level, automated analysis, eliminating hours of tedious manual analysis. There are six modules:

  • Accounts receivable
  • Payer performance
  • Profitability
  • Patient charges, payments, demographics
  • Quality of care/clinical outcomes
  • Practice benchmarking

ClariteeBI is easy to implement and a breeze to use. You define how data is categorized to roll-up information, identify key performance indicators, and create custom reports and scorecards. “Drag and drop” formatting encourages “what if” analysis, largely because it’s quick and easy to do. Your data is updated daily so you can instantly spot issues, identify trends and take action.

Use ClariteeBI to track payer performance; analyze payment by patients, procedures, provider or geography; support physician compensation; advance quality initiatives; and monitor billing to protect against RAC audits. Data is a powerful thing; isn’t it time to use it to your advantage?

Let MedOptima show you what advanced healthcare business intelligence can do for you. Let's talk.

Learn more about Advanced Healthcare Business Intelligence (.pdf)

 

 

Knowledge = Power = Profitability

Payer Performance ClariteeBI allows you to track payer performance to ensure timely reimbursements and identify trends. Detailed payer data is invaluable during contract negotiations or when addressing disputes.

Payment Analysis ClariteeBI helps you take control of receivables so negative payment trends by patients, procedures, or system-wide can be identified and resolved quickly.

Physician Compensation ClariteeBI allows you to track provider performance including RVUs, procedure types and volumes, patient demographics, and reimbursement rates useful in compensation negotiations and overall practice performance.

RAC Audits The federal government is aggressively auditing healthcare providers to identify improper payments. The best defense is to use your data to identify and correct billing abnormalities before they become a legal issue.