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Medical Practice Insights: Uncovering Hidden Opportunities with DataDiscovery

Medical Practice Insights: Uncovering Hidden Opportunities with DataDiscovery

Episode 457 Published 2 years, 5 months ago
Description
In this episode of MGMA's Insights podcast, we feature Mike Gracz, sales manager, DataDiscovery, MGMA, talking about uncovering hidden opportunities with DataDiscovery. Some highlights from the conversation: * DataDiscovery is MGMA's software platform that analyzes medical practice data from EHRs and PMs to identify revenue leakage and increase collections * DataDiscovery brings siloed data together into one easy-to-use platform and uses rule-based algorithms and machine learning to solve revenue leakage issues * Practices that implement DataDiscovery alongside their current processes see an average 5% increase in revenue Key quote: "It's not my job to tell you how to spend the increased revenue," Gracz says. "But it is my job to show you a path to increase revenue utilizing the data you're already collecting through DataDiscovery." MGMA Resources discussed: MGMA DataDiscovery: https://mgma.com/datadiscovery WhiteSpace Health: https://whitespacehealth.com/?gclid=Cj0KCQjwsp6pBhCfARIsAD3GZub_IeZsrlDpxYkWwGSpNNvPjHEI2RupAgYsM-aXHOg386EFSArsv7YaAgkFEALw_wcB AllCare Health: https://www.allcarehealth.com/ MGMA Leaders Conference We're sponsored by the MGMA Leaders Conference, which will be held in Nashville, TN, Oct 22-25. For more information go to MGMA.com/events. #MGMALeaders Additional Leaders Resources: MGMA Leaders Conference registration: mgma.com/conferences/leaders/register Leaders Conference Schedule: mgma.com/conferences/leaders/schedule Conference Overview: mgma.com/conferences/leaders/overview WE WANT TO HEAR FROM YOU Let us know if there's a topic you want us to cover or an expert you would like us to interview. Email us at podcasts@mgma.com. If you have opportunities and resources you'd like to share with MGMA members, go to Marketing with MGMA to find out how you can connect with the MGMA audience.

Sponsor:
Capella University helps healthcare professionals earn their MHA on their terms. Their FlexPath MHA program is designed for busy MGMA members who want to advance their leadership skills with a flexible, self‑paced format — often faster and more affordably — without putting their careers on hold. Questions? Visit capella.edu/MHA to learn more.

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