Visibility
Gain transparency into your practice data with an easy-to-grasp visualizations. Easily measure performance and derive actionable insights from data. See immediately if you’ve met benchmarks.
Increase business intelligence with financial and operational analytics
In the business of healthcare, if you can’t measure it, you can’t manage it. Your ability to track performance effectively will determine how well your practice thrives in an unpredictable economy. Gain the strong foundation in data needed to achieve goals.
A Simple Guide: Financial and Operational Analytics
Learn ways to optimize essential analytics to meet your clinical and business goals.
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Experience the benefits of NextGen Financial and Operational Analytics
Use automated data extraction
Proprietary data pump technology extracts data from our practice management system—NextGen Enterprise PM. This data is cleansed, adapted, and loaded into a unified database—the result: is powerful analytics for your business.
View analytics anytime, anywhere
NextGen Financial and Operational Analytics is cloud-hosted. Access it with any web browser. There’s no need for software installation or costly hardware. An app lets you review practice analytics from your smartphone or tablet.
Get actionable insights from data
Use drill-down dashboards and filters to identify trends across your enterprise. Drill down by time frame, location, provider, and other parameters—to the transaction level. Bright graphics make it easier to grasp important insights.
Meet your practice’s specific needs
NextGen Financial and Operational Analytics is highly configurable. Adapt the user interface to the preferences of your staff. Implement role-based access for customized views for providers, administrators, and practice executives.
Get insight into payment
Better understand your payer mix. For example, if the payer mix is weighted toward Medicare and Medicaid, reimbursement will be lower compared to commercial payers. With an increase in self-pay, expect delays and less-predictable collections.
Get started quickly
You’ll find implementation is quick and easy. NextGen Healthcare manages all setup and support. There’s little to no learning curve: A user-friendly interface eliminates the need for extensive training.
PRODUCT HIGHLIGHTS
Get a glimpse of NextGen Financial and Operational Analytics
Dynamic interface
Dig deeper, look at underlying data, and explore the root causes of underlying trends—with dashboards, visualizations, and filters. Drill down to the transaction level.
Financial analytics
View key metrics related to claims and billing, payments, days in accounts receivable (A/R), denials, payer performance, and tasking. Help prevent future denials.
Operational analytics
Gain insight into your practice’s operations, including utilization of appointment times, last minute cancellations and no shows, copay collection, and effectiveness of practice marketing activities.
BILLING AND BEYOND
Loden Vision Centers Takes Hold of Its Financial Future
This eye care practice with five locations wanted a better grasp of financial issues. They needed detailed business analytics readily available, literally in the palm of their hands. That's when they turned to NextGen Healthcare.
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USER-FRIENDLY DATA ANALYTICS
Empower decision making and boost performance
Understanding your business performance requires a solid foundation in data. Lack of transparency into your practice data can be costly. Discover practice analytics that go beyond traditional dashboard and reporting tools. Monitor more than 100 critical key performance indicators.
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We saw huge improvements in our metrics with NextGen Healthcare RCM. Our days in A/R are much less. We have much fewer drug write-offs. We’ve had jumps in revenue. We saw increases of cash per encounter of 15 to 20%. It’s been phenomenal.
Hear what our clients have to say about us
The results speak for themselves
NextGen Healthcare takes pride in how our solutions help practices like yours deliver better healthcare outcomes. We are almost as proud of the recognition we’ve received for our contribution.
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