Using the “second set of eyes” with a Business Coach and InfoDive®

Business Coaches use data from your practice management systems – along with drug cost, rebates, information from CMS, and specialty practice benchmarks – to find opportunities for your practice to make improvements. What kind of opportunities? Business Coaches help to address revenue leakage (loss of potential revenue) which may arise from drug billing or payer underpayment.

In addition, the coaches’ analytics can help you use InfoDive-generated data and reports to understand and proactively address changes with CMS.  The coaches can even perform demographics research to see where your potential patients live if you are considering a new office location. Business Coaches can guide you in the utilization of reports analyzing new patients’ data in combination with US census data, as your practice develops its strategic plan.

Your coach will typically meet with you monthly to analyze and address financial metrics, billing opportunities and the overall financial health of the practice. In addition to these scheduled engagements, Business Coaches are available to answer specific practice needs, analyze practice concerns or provide assistance and run reports using InfoDive.

Business Coaches bring prior oncology experience to practices, they understand the challenges in oncology and bring a deep understanding of InfoDive.  Coaches present your data in a concise format so you can make strategic decisions for your practice. Their experience, InfoDive knowledge and analytics can save you time and resources. Your coach becomes your “second set of eyes” and an extension of your staff.

Business Coaching is provided with your InfoDive subscription. If you are interested of taking advantage of these services, reach out to info@intrinsiq.com.