A Chicago healthcare organization focused on improving partner practices’ finances and patient experiences struggled with limited visibility into their accounts receivable (A/R) due to a cumbersome reporting system.
To improve their reporting system, they leveraged AGS Health’s expertise in building dashboards and data migration. AGS Health helped them migrate data from Excel for all six of their facilities.
Challenge
- Unstructured reporting with key performance indicators (KPIs) scattered across multiple reports.
- Slow processing of data and business rules.
- Inability to view account-level data in reports.
Solution
AGS Health developed a mobile-friendly Power BI dashboard to display and analyze key performance indicators (KPIs) for accounts receivable (A/R) management. This tool provided several enhancements, including:
- Drill-down capability: Analyze details down to the account and claim level for deeper insights.
- Mobile access: Conveniently access the dashboard on your mobile device for on-the-go monitoring.
- Prescriptive analytics: Leverage data-driven recommendations to reduce A/R days.
- Prioritized follow-up: Identify critical accounts requiring immediate attention and expedite collection efforts.
- Customization: Tailor the dashboard to your specific needs and focus on the metrics most relevant to your role.
- Improved cash flow: Use the dashboard’s insights to target areas for improvement and ultimately increase cash collection per case.
50+ complex business rules were integrated into the dashboard
13+ graphs plotted and
14+ customizable views on the dashboard
A/R days dropped by over 10%
cash per case improved by over 3% in a span of 3 months