Business Intelligence: Best Practices
Grounded in Best Practices
Rapid diagnosis of problems and isolation of root causes are the key to making informed decisions and instilling accountability for performance. The Advisory Board’s business intelligence solutions specialize in bringing accurate, actionable data to hospital business leaders. In conjunction with our extensive library of best practices, our business intelligence tools help our hospital and health system members determine the drivers of their specific performance and the optimal method for enhancing outcomes.
Representative Sample from the Advisory Board’s Library of Best Practices
Revenue Cycle Performance
- Achieving Key Contract Provisions
- Reducing Unnecessary Care
- Establishing Clinical Advocates
- Strengthening Contract Negotiating Leverage
- Determining Patient Responsibility
- Executing Point-of-Service Collections
- Auditing and Reconciling Billing Charges
- Minimizing Denials and Underpayments
Bad Debt and Self-Pay Collections Performance
- Payment Plan Worksheets
- Charity Care Applications
- Payment Segmentation Protocols
- Prompt Pay Discounts
- Debt Amnesty Program
- Collection Agency Care Filtering
Supply Chain Performance
- Plugging Purchasing Leaks
- Eliminating Waste
- Minimizing Inventory Carrying Costs
- Securing Best Acquisition Prices
- Embedding New Product Evaluation Rigor
- Encouraging Correct Utilization
- Optimizing Pharmacy Management
- Ensuring Complete Charge Capture
Nursing Workforce Performance
- Outcomes-Based Tracking
- Actionable Vision Dissemination
- Transparent Benchmarking Systems
- Managerial Growth Targets
- Peer Safety Audits
- Service and Strategy Focused Performance Reviews
- Benchmarking Staffing Variables
Surgery Performance
- Hardwiring Efficiency into the Perioperative Process
- Enfranchising Physicians in Supply Reform
- Strategies for Securing Profitable Outpatient Growth
- Reconciling Hospital and Physician Agendas to Improve Service Line Performance
- Enhancing Cardiac Surgery Margins and Clinical Outcomes
- Strategic Forecast and Investment Blueprint for Surgical Service Lines
- Stemming the Tide of Unfettered Technology Adoption