Tapping into data offers a sound way to better engage physicians
Did you know that engaged physicians average 3% more outpatient referrals and 51% more inpatient referrals than physicians who were not engaged? This variance accounts for an average difference of $460,000 in patient revenue per physician per year. If your organization is focusing on internal claims data to determine physician engagement, you’re really only getting half the story. And it’s not that external data doesn’t exist; it’s that few hospitals have the time to analyze millions of rows of claims data and turn that data into actionable information.
Comprehensive claims data, combined with a business intelligence and analytics platform, can help a provider craft a physician engagement strategy that will enhance physician loyalty, increase referral volume and improve the bottom line.
This executive summary outlines how you can leverage data to increase physician engagement.
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