Successful businesses tend to be in a perpetual state
of analysis. Managers of successful businesses constantly
monitor and evaluate vast amounts of day-to-day information
to make sound business decisions, and to challenge employees
to achieve higher levels of performance. The obstacle
for many good managers is receiving appropriate, accurate
and timely data presented in a format that is readable
and understandable. This is especially true in the healthcare
industry.
Plexus Management Group is composed of a cadre of very
experienced professionals with strong backgrounds in
data mining and operations analysis. We believe that
raw data is the “diamond” of a business
enterprise. As with any “diamond,” its true
value cannot be determined until it is cleaned, cut,
shaped and polished. PMG works with clients to “unearth”
the raw data that is available and determine how valuable
it may be in reflecting the actual condition of their
business.
Information systems are the business drilling tools
for raw data. PMG can evaluate the existing systems
that a client has in place and make recommendations
for appropriate, cost-effective enhancements. Where
a system does not exist, PMG can provide a wide array
of information systems services for its clients, including
financial management, medical billing, operations analysis
reporting, patient scheduling, provider scheduling and
credentialing. All of these systems are designed to
collect, store, retrieve, report, and analyze business
data in a manageable fashion.
PMG associates executives are very aware that all businesses
are unique. Although there may be similarities, each
business – even in the same niche of an industry
– has its distinct characteristics. Also, each
business entity has its own culture and local environment
that accentuates this uniqueness. PMG takes this into
account in all of its operational reporting and analysis
services. Although, standard reports serve well in providing
comparisons against industry benchmarks, PMG is able
to recommend and design specific reports or analyses
that may address important unique elements of a client’s
present or potential future business.
The following is a listing of the various types of
reports that can be provided for PMG clients.
Financial
Daily Cash Report
Income Statements
Profit/Loss Statements
Payroll Reports
Budget Reports
Accounts Payable |
Billing
Charge/Payment/
Adjustment Summaries
Aged Accounts Receivable
Reimbursement Summaries
Procedure Code Reports
Financial Class Summaries
Compliance Reporting |
Operations
Facility Reports
OR Efficiency Reports
Provider Productivity
Type of Service Reports
JAHCO Reports
Credentialing Reports
Quality Assurance Reports
Scheduling Summaries |
HR and Benefits
Headcount Reports
Benefits Cost &
Utilization Reports
PTO Reports
Malpractice Reports
Retirement Fund Reports |
Most reporting is done on a monthly, quarterly, and/or
annual basis. Year-to-year comparisons are made where
appropriate and feasible. Most Billing and Operations
reports are available by provider, payer, facility,
financial class and/or type of service. Custom reporting
formats can be designed at very reasonable rates. Transmission
of reports can be done by regular mail, e-mail, or fax. |