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A well-designed pediatric practice dashboard can help a Pediatric practice owner and/or administrator enhance the clinical and financial performance of their Pediatric practice. Well defined financial and clinical dashboards present both data and information to determine an overall financial score and clinical score. The data and indicators within a Pediatric practice dashboard can help practice owners and/or leaders identify the areas the team should focus on to help the practice optimize the clinical and financial outcomes.
While some multi-specialty Electronic Health Record and Medical Billing systems might provide a dashboard, these systems do not provide a clinical and financial dashboard that is focused on the primary factors that are important to Pediatric practices. Important clinical metrics in primary care pediatrics include well visits, vaccination rates, management of chronic diseases and Pediatric Clinical Quality Measures. Important financial metrics for a pediatric practice include the total number of visits, new patient additions, number of active patients, growth in billed amount, growth in revenue, revenue per visit, AR days and collection rate.
There are a few articles written that discuss the importance of dashboards in clinical medicine. The clinical dashboards provide tools and information to help enhance a medical practice. A large hospital system might invest for additional software development to provide a clinical dashboard or in some cases manually pull data and create a dashboard with staff and/or consultants. An example of an article written related to clinical dashboards by a Hospital system is The Creation of a Pediatric Hospital Medicine Dashboard: Performance Assessment for Improvement | American Academy of Pediatrics (aappublications.org) While this referenced article is related to Hospital Systems, the article does provide some perspective of a ‘good’ clinical dashboard which “enables comparisons, visualization of trends and…”
The cost of custom development for a small Pediatric practice is usually too high to develop a custom dashboard. To help independent pediatric practices succeed, the Physician Xpress team developed and implemented an integrated clinical and financial dashboard as part of the Pediatricxpress system. Physician Xpress, Inc. is committed to helping Pediatric practices enhance profitability and reduce administrative burden.
