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Communicating With Your Physicians Through Dashboard Data Developing a Practice Dashboard

Communicating With Your Physicians Through Dashboard Data Developing a Practice Dashboard MGMA Anesthesia Administration Assembly May 2010 Joe Laden MGMA member since 1981 AAA Member since inception Business Manager Anesthesia Associates of Louisville, PSC joeladen@aalouisville.com.

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Communicating With Your Physicians Through Dashboard Data Developing a Practice Dashboard

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  1. Communicating With Your Physicians Through Dashboard Data Developing a Practice Dashboard MGMA Anesthesia Administration Assembly May 2010 Joe Laden MGMA member since 1981 AAA Member since inception Business Manager Anesthesia Associates of Louisville, PSC joeladen@aalouisville.com

  2. Following this session you will be able to: Develop a strategy to produce an effective practice dashboard Identify key information that should be communicated to physicians Gain insight as to the spreadsheets and graphic software available

  3. Anesthesia practice administrators are responsible for gathering, interpreting and disseminating financial data from business systems. The communication of this data must be precise, concise and understandable.

  4. What information is important for physicians and their management of their practices? How can this be presented in the most efficient and effective manner?

  5. What is an Anesthesia Practice Dashboard?

  6. An anesthesia business dashboard can be any form of display that quickly communicates business practice management information to anesthesiologists.

  7. In other words . . . I can’t define dashboard, but I know one when I see it.

  8. Examples of Anesthesia Dashboards

  9. From Practice Management System Billing Software

  10. Constructed by Practice

  11. July 2010 Penultimate Anesthesia

  12. April 2010

  13. Anesthesia Associates of the United States – May 2010

  14. From Third Party Dashboard Company

  15. To communicate with physicians effectively, the dashboard should have a sufficient number of data points, but not too many.

  16. Dashboard Data Sources • Billing System Reports • Accounting System Reports • General Ledger • Payroll • User Constructed Spreadsheets Currently Produced by Practice

  17. Where are Anesthesia Dashboards Available today? • Anesthesia Billing Software Vendors • Anesthesia Billing Companies • Anesthesia Practice Management Companies • Report Hosting Companies • DashboardMD iDashboards • Anodyne • DIY for Small – Medium Size Groups

  18. Sources of Data for The Dashboard

  19. 1. Excel Spreadsheets prepared by You

  20. Mini Income/Expense Statement

  21. A/R By Percent Outstanding by Carrier

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