Understanding the key data points and how to turn them into information you need can be the difference between just surviving or building a long-term sustainable business – in Moneyball parlance, it means using data to make it in the major leagues. More importantly, it can make the difference in your patient outcomes.
You will want to get data about:
- Do you have the right tools to understand why you are paid the way you are?
- What your costs are?
- How you should negotiate with private payers?
- What a change in reimbursement will do to you bottom line?