Health insurance is primarily in the business of receiving premium from policyholders and paying for their medical expenditure. To do that, the health insurance companies need to ensure that the premium charged is sufficient to pay for these medical and administrative costs. Analysts new to health insurance might find these concepts difficult to grasp. Some … Continue reading Health Insurance Analytics Metrics
Category: dashboard
Confessions of health data -2
In a previous post, I described how to format typical physician productivity data to enable further analyses, finding useful insight. I dig deeper to find more actionable insights in this post. Refresher: we had office visit data for 3 doctors over 2 month period; we added RVUs to the office visit procedure codes; we added … Continue reading Confessions of health data -2
Confessions of health data – 1
This is the first in a series of posts to illustrate analytic methods of getting insights out of healthcare data: Please download the companion workbook here. Context: Medical practice managers are often requested to track physician productivity, whether against targets or identify areas of improvements, for example through practice dashboards. Below is an example of how … Continue reading Confessions of health data – 1
Types of healthcare data – Procedure code
This is the second post in a series in which I describe the common types of healthcare data you will come across, namely, diagnoses, procedures, demographic, drug, laboratory result data, clinical notes and financial data. In this previous post, I described diagnose. Here, I describe procedures codes. Procedure codes serve two primary purposes, clinical record … Continue reading Types of healthcare data – Procedure code
6 steps to building a medical practice dashboard
Practice managers and division administrators are often tasked with reporting on how a medical practice is doing. This can be a daunting task, especially for those who are not yet analytics gurus. In this post, I describe the 6 steps to building a practice dashboard. 1. Understand the aim Why you're doing the report dictates … Continue reading 6 steps to building a medical practice dashboard