ADP AdvancedMD Announces General Availability of AdvancedInsight to Deliver Bus. Intelligence to Private Practices & Optimize...
25 Fevereiro 2014 - 10:00AM
Marketwired
ADP AdvancedMD Announces General Availability of AdvancedInsight to
Deliver Business Intelligence to Private Practices and Optimize
Their Financial Health
AdvancedInsight Provides Big Data Capabilities for a 360-Degree
View of a Practice's Finances on a Single Dashboard With Drill-Down
and Ad Hoc Reports
ORLANDO, FL--(Marketwired - Feb 25, 2014) - ADP®
AdvancedMD, a leader in all-in-one, cloud electronic health record
(EHR), practice management, and medical scheduling software as well
as medical billing services, today announced the general
availability of AdvancedInsight™, a reporting suite to help
physicians and their employees gain enhanced visibility into the
financial health of their practices. At a time when the percentage
of doctors operating in independent practices has dropped from 57%
in 2000 to 39% today, AdvancedInsight can help practices make sound
financial decisions while they also contend with ACOs, meaningful
use, ICD-10 and ongoing reimbursement reductions.
As private practices shift to preventive medicine, business
intelligence and big data will become an indispensable part of
running a profitable practice and, at the same time, providing the
highest quality of care to patients. With new technology like
AdvancedInsight, doctors will be able to identify their at-risk
patients, track and manage patients more closely, monitor the
spread of diseases and take preventive measures to keep patients
from graduating to chronic diseases.
Through the AdvancedMD multi-tenant cloud, smaller independent
practices will be able to access big data and business
intelligence, previously reserved for hospitals and other
enterprise-level systems. Private practitioners will be able to
make informed financial decisions based on accurate, real-time
data, and with a 360-degree view of their practice's financial
health and key performance indicators.
"AdvancedInsight allows practices to perform analysis to reveal
important information, such as underperforming plans, where there
are revenue issues, or where changes to staff count would make
strong financial sense," said Raul Villar, president, ADP
AdvancedMD. "These capabilities are even more important given the
continuing trend of decreased reimbursement, and shifting
healthcare regulations like meaningful use Stage 2 and ICD-10."
With AdvancedInsight, practice administrators, billing staff and
physicians can monitor claims outcomes by procedure, provider,
practice or payer performance. A simple and easy interface lets
users build custom reports and perform detailed drill-down analysis
in a few clicks. This enables practice administrators and billing
staff to take the necessary action to continually improve financial
performance.
AdvancedInsight is available today and includes such key
features as:
- Full view into financial health of a practice
- Trend revenue-driving key performance indicators
- Ability to view information by practice, provider, carrier or
location
- Quickly and easily build reports in a couple of clicks, save,
search and print
AdvancedMD Resources
- Watch an executive discussion on AdvancedInsight
- Tour the AdvancedInsight reporting suite
- Learn about complete cloud medical management
software
- AdvancedMD on Facebook, Twitter and
LinkedIn
About ADP
With more than $11 billion in revenues and more than 60 years of
experience, ADP® (NASDAQ: ADP) serves approximately 620,000 clients
in more than 125 countries. As one of the world's largest
providers of business outsourcing and Human Capital Management
solutions, ADP offers a wide range of human resource, payroll,
talent management, tax and benefits administration solutions from a
single source, and helps clients comply with regulatory and
legislative changes, such as the Affordable Care Act
(ACA). ADP's easy-to-use solutions for employers provide
superior value to companies of all types and sizes. ADP is
also a leading provider of integrated computing solutions to auto,
truck, motorcycle, marine, recreational vehicle, and heavy
equipment dealers throughout the world. For more information
about ADP, visit the company's Web site at www.adp.com.
The ADP logo and ADP are registered trademarks of ADP,
Inc. All other marks are the property of their respective
owners. Copyright © 2014 ADP, Inc.
Media Contact: Jim Elliot VP of Marketing (801) 984-9500 Email
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