Healthcare Analytics and Reporting Services

Transform large amounts of raw healthcare data into actionable insights with Invensis's comprehensive healthcare analytics and reporting services. Our experts use advanced data analytics techniques, such as predictive modeling, real-time analytics, etc, to help healthcare practices optimize their operations and improve patient outcomes.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

StripHealthcare Analytics and Reporting Services

Outsource Healthcare Analytics and Reporting Services to the Expert

For over two decades, Invensis has offered comprehensive healthcare analytics and reporting solutions tailored to healthcare practices of all sizes. Our services include collecting, integrating, and analyzing healthcare data from different sources, including electronic health records (EHRs), patient management systems, and billing systems.

We have a team of experts comprising data scientists, healthcare analysts, statisticians, and IT specialists who play a significant role in optimizing the use of healthcare data. They utilize advanced data analytics platforms like SAS, Tableau, and IBM Watson Health to manage large datasets and perform complex analyses with precision. We also use advanced healthcare data visualization tools like Power BI, QlikView, Looker, and Sisense to develop interactive dashboards and reports and provide clear and actionable insights to healthcare professionals. This helps them assess the underlying trends behind claim denials, rejections, and lost revenue and discover appropriate strategies to mitigate revenue leakage. 

We incorporate robust data governance frameworks to ensure utmost data security and compliance. These frameworks guarantee that patient information is handled with confidentiality and integrity, helping healthcare facilities adhere to regulatory standards such as HIPAA and other relevant laws. We further enhance compliance management by real-time monitoring and medical data reporting capabilities, allowing practices to track and document their adherence to regulatory requirements continuously.

Our Healthcare Analytics and Reporting Process

  • Initial Consultation and Needs Assessment:

    We assess the healthcare practice's needs and data systems to customize analytics and clinical performance reporting services.
  • Data Collection and Validation

    Next, our team gathers, organizes, and validates data from sources like EHRs, billing systems, and patient management systems.
  • Data Cleaning and Validation

    We clean and correct the collected healthcare data to ensure accuracy and consistency.
  • Analytics Tool Setup

    Further, our experts implement tailored healthcare analytics software and tools for effective data analysis and reporting.
  • Data Analysis and Interpretation

    We analyze data using statistical methods and predictive modeling to provide actionable insights.
  • Insight Generation and Recommendations

    Next, our team develops strategic recommendations to enhance patient care and operational efficiency.
  • Report Generation and Delivery

    We generate and deliver scheduled and ad-hoc reports to support decision-making.
  • Performance Monitoring and Support

    Our experts also track healthcare performance metrics and provide support to refine reports and adjust strategies.
  • Compliance and Security Management

    We maintain data security and regulatory compliance through audits and secure practices.

Our Comprehensive Digital Healthcare Analytics Services

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  • Data Integration
  • Clinical Data Analysis
  • Patient Demographics and Segmentation
  • Predictive Modeling
  • Real-Time Data Analytics
  • Operational Efficiency Analysis
  • Resource Utilization Analysis
  • Coding Accuracy Review
  • Claims Submission Accuracy Assessment
  • Claims Management
  • Denials and Claims Analysis
  • Revenue Cycle Management
  • Healthcare Cost Analysis
  • Payer Mix Analysis
  • Accounts Receivable Aging Analysis
  • Performance Tracking
  • Patient Outcome Analysis
  • Quality Improvement Tracking
  • Benchmarking and Comparative Analysis
  • Quality of Care Analytics 
  • Patient Satisfaction Analytics
  • Healthcare Trends Analysis
  • Revenue Trends Analysis
  • Financial Forecasting and Budgeting
  • Decision Support Systems
  • Regulatory Compliance Reporting
  • Compliance Monitoring and Reporting
  • Customized Reporting Solutions
  • Custom Report Generation
  • Risk Management
  • Population health management

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The Invensis Advantage for Healthcare Analytics and Reporting Outsourcing Services

Robust Data Integration Capabilities

We gather unstructured data from disparate sources, such as EMRs, billing systems, and financial databases, and integrate it using advanced tools to ensure comprehensive data coverage for insightful analysis.

Scalable Infrastructure

Our services combine flexible infrastructure, dynamic resource allocation strategies, and advanced cloud-based solutions to adapt to changing data volumes and processing requirements.

Advanced Data Analytics

We use advanced tools and methodologies to analyze vast datasets and identify patterns, trends, and anomalies within RCM processes. This proactive approach enables early detection of billing errors leading to revenue leakage and potential compliance issues.

Real-Time Visibility

Our reporting dashboards offer real-time visibility into key RCM metrics such as claim status, revenue trends, denials, and more at a glance, enabling proactive decision-making and timely interventions to maximize revenue potential.

Advanced Data Visualization

Our data visualization experts employ techniques like heat maps, scatter plots, and trend lines to present data in a visually compelling manner, facilitating quick decision-making and strategic planning.

Robust data security measures

We adhere to industry best practices, regulatory requirements (such as HIPAA), and security protocols (encryption mechanisms, access controls, audit trails) to proactively identify and address vulnerabilities.

Step-by-step process for Healthcare Analytics and Reporting Services
Step-by-step process for Healthcare Analytics and Reporting Services

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Invensis - The Most Trusted Healthcare Analytics and Reporting Company

We have over 24 years of expertise in offering robust insights and data-driven strategies to healthcare providers across the US. Our track record involves empowering clients, ranging from small clinics to mid-sized hospitals and private physicians, to harness the full potential of their datasets. Our meticulous analysis and actionable insights have enabled our clients to achieve remarkable results, including reducing claims denials and rejections by up to 35% and accelerating accounts receivable (AR) cycles by 25%. Collectively, these efforts have assisted them in slashing revenue leakage by as much as 40%, leading to significant improvements in their financial performance.

24

Years of
Experience

10+

Industry
Verticals

5000+

Experienced
Professionals

ISO: 9001:2015 Certified Company
ISO  27001:2013 Certified Company
HIPPA-Complience

35%

Reduction in Claims
Denials and Rejections

60%

Increase in
Clean Claim Rate

25%

Accelerated
AR cycles

20%

Improved Patient
Collections

90%

Decrease in
Billing Errors

40%

Reduction in
Revenue Leakage

Finance and Accounting Tools We Specialize In

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Services

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What Our Customers Say

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex
Leading Healthcare Provider in France

Invensis has been our revenue cycle management healthcare outsourcing partner for the past 5 years. They have always delivered on their commitments, whether it is meeting our Service Level Agreement (SLA) or improving our billing process.

Christopher Middleton
Leading Healthcare Company in US

Invensis has been a great partner providing quality medical coding and billing services. The team is extremely responsive to every query we pose, and the turn-around time for deliverables is always as committed.

Chris Lauren
Leading Healthcare Company in US

What Our Customers Say

We are thrilled with the impeccable chiropractic billing services offered by Invensis. Their comprehensive knowledge of the industry, prompt claims processing, and meticulous attention to detail have immensely benefited our healthcare reimbursements. Highly commendable!

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John Davis
Leading Healthcare Company in the UK.

We are extremely pleased with the exceptional hospital billing services provided by Invensis. Their expertise and attention to detail in Medicare billing and compliance in medical billing have streamlined our revenue cycle and improved financial performance.

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Emily Johnson
Leading Hospital in the US.

Invensis has been an invaluable partner for our organization, providing exceptional ASC billing services. Their expertise and dedication have significantly improved our revenue cycle management. Highly recommended!

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Sarah Smith
Leading Healthcare Provider in Italy.

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Discover how Invensis revamped a healthcare practice's Revenue Cycle Management, leading to a remarkable 30% surge in revenue inflow.

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Contact Information

You can reach us at:

Call us
+1 (302)-261-9036
sales@invensis.net
Locate Us
Invensis Inc. 2785 Rockbrook Dr STE 204 Lewisville, TX 75067

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