Reporting

At Rapid, we have a team of highly skilled professionals with strong analytical skills and expertise in reporting. We use advanced reporting tools such as Excel, PowerBI, and Tableau to provide our clients with accurate and meaningful insights into their revenue cycle performance.

Our team analyzes data from various sources, including claims and payment data, to create customized reports tailored to the unique needs of each client. We use Excel to create detailed financial reports, track productivity, and identify any bottlenecks in the revenue cycle. We also use PowerBI and Tableau to create interactive visualizations that provide a clear and concise view of the practice’s financial performance.

With our reporting services, healthcare providers can easily track their revenue cycle and identify areas for improvement. Our team provides ongoing support and recommendations to ensure our clients achieve their revenue goals and improve their practice management.

Our reports include:

Monthly Financial Reports – These reports provide a detailed analysis of the practice’s financial performance, including revenue, expenses, and net income. We also provide an overview of the practice’s accounts receivable and collections status.

Claims and Denial Reports – These reports track the status of claims, identifying any denials and the reasons for them. Our team analyzes the reports to identify trends and recommend strategies to reduce denials and increase revenue.

Productivity Reports – These reports provide insights into staff productivity, including the number of claims processed, the average time to process a claim, and any backlogs or bottlenecks in the revenue cycle.

Coding and Compliance Reports – These reports track the practice’s coding and compliance performance, including any potential compliance issues or errors. We provide recommendations to ensure the practice is in compliance with all regulatory requirements.

Reports are generated on the frequency and specificity of each client. Practice reports are flexible by location, provider, payer, procedures, and more.