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Greenway Health’s ambulatory platform provides healthcare organizations with clinical, financial, and administrative tools and services. Prime Suite is Greenway’s electronic health record (EHR) and practice management (PM) system....Read more
AdvancedMD is a unified suite of software solutions designed for mental health, physical therapy and medical healthcare organizations and independent physician practices. Features include practice management, electronic health rec...Read more
McKesson Practice Partner is an ONC-ATCB and CCHIT certified electronic health record (EHR) and practice management solution. It is HIPAA compliant, and can be deployed on-premise. To date, it has served over 25,000 users across p...Read more
Q.D. Clinical EMR is an on-premise electronic medical record (EMR) solution for clinical documentation, managed care support, practice research, image management, lab order tracking, drug interaction checking and more.
Q.D. C...Read more
CGM APRIMA, previously known as APRIMA EHR, is a market leading, award-winning EHR loved by physicians and office staff. Designed to take advantage of multiple hardware forms including the APRIMA Mobile app which is perfect for t...Read more
Valant’s EHR for behavioral health offers tools for providers to streamline documentation, increase efficiency, and enhance the productivity of their practice or agency.
The fully integrated suite includes secure patient reco...Read more
Sevocity is a cloud-based medical solution best suited to practices seeking a very customizable EHR. The system includes unlimited customization services, unlimited personalized training, and US-based live telephone support 24 hou...Read more
MedEZ is an electronic health record (EHR) and billing suite suitable for most medical facilities, particularly behavioral health centers and substance abuse rehabilitation programs. On-premise and cloud-based deployments are avai...Read more
Quick Charts Complete, by DB Consultants, Inc. is a medical practice software developed for the Chiropractic industry. Chiropractic practices of small to scaling sizes can tailor the solution to accommodate their needs.
Core ...Read more
ACOM Health’s cloud-based RAPID software is your one-stop-shop in chiropractic management solutions. It combines electronic health records, practice management, billing, and patient scheduling into a powerfully robust, yet easy-to...Read more
PhoenixEHS/EHR (formerly MedServices EHR) is a cloud-based solution, which helps physicians, CFC/CHC clinics, health care providers, hospitals and FQHC clinics manage patient records, eRX and eLabs, patient assistance programs (PA...Read more
athenahealth, recently ranked #1 by 2022 Best in KLAS for athenaClinials Ambulatory EMR for 11-75 physicians and athenaIDX practice management, provides cloud-based services for electronic health records (EHR), revenue cycle manag...Read more
A+ DELPHI32 is an on-premise billing, scheduling, and patient records management system designed specifically for small mental and behavioral health practices. The comprehensive program meets the needs of all types of mental healt...Read more
ClinicalWorks, an electronic health record (EHR) and practice management solution, provides technology for every step of the patient care delivery process. Clinicians access features including patient engagement, Telehealth, custo...Read more
Harmony e/Notes is a hybrid integrated solution that offers functionalities for electronic medical records, practice management, billing and revenue cycle management. Specialities that the solution caters to include cardiology, ge...Read more
AllegianceMD is a cloud-based medical software system that is designed to serve the needs of small and midsize practices, as well as ambulatory surgery centers. The solution includes practice management functionality for billing a...Read more
Voted #1 by PCMag in 2019, WRS Health is a cloud-based integrated electronic health records (EHR) solution that offers practice management, revenue cycle management and billing services.
The solution includes modules for charting...Read more
SequelMed is an integrated hybrid electronic health record, practice management, billing and scheduling solution from Sequel Systems that supports a wide range of specialties such as gastroenterology, podiatry, urology and more. B...Read more
HIPAA-Compliant & ONC-Certified Cloud-Based Electronic Health Records & Practice Management. Solo-practitioners or groups of all sizes can grow and manage their practice for an affordable price.
Get telehealth, claims, and eligib...Read more
ChiroTouch is the cloud standard in chiropractic software and the only completely integrated EHR software that can be accessed any way, anytime, and on any device.
Easy in Every Way - ChiroTouch is easy to get started, access, le...Read more
Since the U.S. government mandated meaningful use of EHRs back in 2014, the widespread adoption of software systems in medical practices translates to availability of data on a massive scale. This is data that medical practices can use to improve in a number of areas.
Practice analytics software is the tool with which practices can collect and analyze that data, and this Buyer's Guide will help you understand exactly how it does that.
To understand data analytics specifically designed for the medical industry, let's first define data analytics in a more general sense:
Data analytics tools are a type of business intelligence software that allows users to collect and store data, quickly view that data—often in the form of charts and graphs—in dashboards and analyze the data to gain insights and make informed decisions.
Just as data analytics tools are typically considered part of a larger business intelligence system, many medical software providers incorporate analytics tools into existing, market-specific medical software to streamline data collection and offer solutions that are unique to physicians.
One big benefit of analytics software is its ability to collect different types of data, which can be incredibly useful for medical practices. For example, users can track things such as:
Key performance indicators (KPIs)
Revenue cycle and billing
Diagnostics and treatments
And the list goes on. By offering users the option to track different types of data, practice analytics software gives you the ability to gain deeper understanding of your business from different perspectives. Let's say you want to learn more about your patients. Using feedback left through patient surveys and information collected during patient intake, health care analytics software could help you do that.
Patient data dashboard in Datapine's health care analytics tool
By customizing where data is gathered and what kind of data you're collecting, you can do the same thing to learn more about things such as where your money is going and how efficient your business processes are. From there, you can make changes or set goals for your practice to grow and improve.
Common Features of Practice Analytics Software
Practice analytics software tends to have a lot of the same basic features as more general data analytics tools, in addition to medical-specific capabilities. Here are some of the most essential features of practice analytics software:
The control center for analytics tools. Dashboards let you see all of the data collected and presented in visual, easily digestible and interactive graphics.
Data collection and storage
Practice analytics tools often integrate with existing systems (practice management, patient scheduling, EHRs, patient engagement etc.). By connecting analytics tools to all of these systems, you expand the sources from which information can be gathered.
Data set creation
Allows managers to create controlled data sets from the larger body of existing data. This is useful for things such as creating randomized samples, aggregating data or scrubbing entries.
Querying and reporting
Allows users to interact with the data by "asking" questions. The analysis tools are then able to answer the query in the form of a report.
Using algorithms or other mathematical models, analytics tools can observe a data set and produce a forecast of future events. For example, you can use predictive analysis to assess past accounting information in order to predict budgeting and spending in the upcoming month, quarter or year.
Collaboration among team members is important for creating dynamic solutions, so practice analytics software systems facilitate the sharing of data and analysis among designated users.
Benefits of Practice Analytics Software
We've already covered one major benefit of practice analytics software: the ability to collect information related to a variety of business areas. But, that's hardly the only—or even the biggest—advantage of this software. Here are a few of the major benefits of practice analytics software:
Making decisions will be so much easier. If you've ever agonized over a business decision, you're not alone. It's tough to decide when to spend money, what services to offer patients, who to hire and how to run your team—but making these decisions is imperative if you want your practice to stay open. And, if you have access to data-based insights for every aspect of your practice, making those decisions is a lot easier. Practice analytics software provides those insights in the form of predictive analysis and other reports.
Access to larger medical databases and predictive algorithms makes diagnosing easier and more accurate. Physicians can use "smart" algorithms that take national—or even global—diagnostic data into consideration to help decide what's causing presenting symptoms and how they should be treated.
Tracking KPIs and benchmarking help practices improve overall. Competing with yourself is a phenomenal way to motivate and obtain goals, and benchmarking is the practice analytics way of doing that. By being able to review past performance, set goals for future performance and track current performance against those benchmarks, users gain valuable insight into what they're doing right and what they need to focus on more.
Physicians can improve performance and therefore patient satisfaction. Accessing patient reviews, physician diagnoses and treatments and patient outcomes provides a broad, overarching view of everything that makes up physician performance. Seeing it all compiled can reveal areas where physicians excel, as well as those that need work.
How Is Practice Analytics Software Sold?
Because health care analytics is a combination of several different types of software, physicians have a handful of options when it comes to purchasing.
If you're a smaller practice that's just beginning to explore your data analytics options, you may opt for a stand-alone software system that only provides analytics. These tend to be less expensive and easier to navigate, but integration with existing systems can prove costly or time-consuming.
If you're a larger practice with more resources, it's worth considering customizable data analysis systems offered by larger vendors or health care-specific data analysis vendors. These tend to run a little higher in terms of cost, but the medical functionality and knowledgeable support teams often make the expense worth it.
Finally, if your existing EHR provider offers a practice analytics module, you should absolutely explore it, regardless of your practice's size. The ability to add analytics functionality to an existing system without dealing with integration and having to learn a new format should not be overlooked.
You can also reach out to our team of expert advisors at (855) 998-8505 for more help selecting the ideal practice analytics solution for you.