Due to challenging reimbursement dynamics, healthcare organizations have to manage costs and revenue as efficiently as possible. Viewics aggregates disparate financial accounting, supply, payroll and clinical data to provide insights into the key drivers of cost and revenue for the products and services you deliver.

Viewics Health Insighter Out-Of-The-Box Financial Analytics:

• Detailed Procedural Cost
  This view takes an in depth look at the cost per test performed in the lab. The ability to have a common metric across many different tests in cost per test allows for optimal resource, labor, and marketing efforts to be targeted to each lab’s goals.

• Physician/Client Referral Volume and Revenue
  The ability to project revenue is vital for the success of a laboratory. By leveraging past performance you can predict future growth and ensure that your lab is prepped to succeed.

• Cancelled Test/Procedure Root Cause Analyses
  Denied claims are detrimental to your business in many ways, requiring a great deal of effort and manual labor to rectify. This view allows you to dive into the root cause of your biggest offenders and craft a strategy to ensure that claim denials are kept to a minimum.

• Send-out Effectiveness
  This view compares the total count of send-out orders to the associated Turn-Around Time (TAT). This gives management a quick look at what tests are high potential candidates for bringing back into the in-house lab.

• Utilization Management
  This view breaks down the ICD codes that are related to each test in the test dictionary. It is vital that correct coding is done from the beginning as any errors in this process can slow revenue flow.

and much more!