Physician Network Intelligence: Getting Health Systems the Referral Insight They Need

In order to make strategic decisions about growth, service line development, and physician alignment, multiple stakeholder groups within health systems need to understand and measure physician referral patterns and volumes. Being able to act upon the knowledge of where referrals go, why they go there, what referral patterns can be changed and how they can be changed to help maximize revenue growth and ensure financial stability.

Hospital Stakeholder Concerns Related to Physician Referral Data

However, comprehensive claims-data analysis and interpretation is not a competency for health systems, forcing them to seek 3rd-party vendors for this capability. The challenge for health systems is that having a “data platform” does not help address their questions, but instead creates more confusion. They find themselves with inaccurate data, out-of-date data, or hard-to-interpret data. They find challenges in getting the internal manpower needed to work with a 3rd-party data platform and training that manpower to know what data is relevant and what different stakeholder groups within the organization truly need to make better decisions. In short, they make investments that are supposed to create success, and they instead get more confusion and frustration.

To deal with this issue, HSG has partnered with Perception Health to create Physician Network Intelligence, a comprehensive data and consulting platform focused on getting health systems the physician referral information, not data, they need to make important strategic decisions.

Physician Network Intelligence combines the most comprehensive, most current and most complete claims data analysis platform with the Physician-Network focused consulting capabilities of HSG to create a comprehensive solution that does not burden health systems with data analysis or translating the data into strategic actions which they are able to execute.

Insight: We monitor your data and generate reports for your executive team that are focused on the implications of the data and potential strategic priorities. We can also create specific custom reports to answer your organization's specific needs.

Strategy: We work directly with your executive team each quarter to determine the strategic impact of the insights generated through PNI's data. We also can help shape your organization's physician strategy in the context of the data.

Execution: We leverage our physician alignment consulting capabilities to get to know your organization and your market, evaluate potential roadblocks to execution of physician strategy (and recommend improvements, where necessary) as well as advise your team on potential approaches on implementation.

This approach ensures that health systems have their busy executives focused on executing actions that are strategically relevant to their objectives, rather than trying to make sense of data on their own. By bypassing the data analysis phase, health systems save time, effort, frustration and can instead focus on what really drives value for the organization.

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HSG builds high performance physician networks so health systems can address complex changes with confidence. From boosting market power and financial strength to preparing for value-based care, we can help you define your strategy, implement that strategy and manage your physician network short or long-term. We guarantee results and deliver the greatest value as a trusted member of your team. Learn more at www.HSGadvisors.com.