Practice Management Software and Predictive Analytics
Medical practice management software allows for the streamlining of many time-consuming processes. In addition, it can provide insightful analytics which can help improve the level of patient care provided.
As analytics technology advances, healthcare organisations are moving from descriptive analytics towards predictive insights to improve the functions of their practice.
Medical Practice Management Software
Predictive analytics estimate the probability of future outcomes based on historical data that has been collected.
This allows healthcare providers and their supporting staff to receive alerts about possible events before they happen, which is a key factor in making more informed choices about how to proceed with the patient care.
Data Collection in Healthcare
Data collection is the ongoing, systematic collection, analysis and interpretation of health-related data needed to design, implement and evaluate public health prevention plans.
The Importance of Data Collection in Healthcare
The collection of data for predictive analytics in healthcare can address organisational issues such as reducing workloads and increasing profits.
In addition, global health issues can be better addressed by forecasting epidemics and treating existing diseases more successfully and efficiently.
Furthermore, data collection in healthcare allows electronic health systems to:
- Enhance communication between:
- Doctors and their patients
- Various healthcare professionals
- Administrative departments, practice managers and doctors
- Improve healthcare outcomes
- Create holistic views of patients
- Personalise treatments
- Advance treatment methods
Types of Healthcare Data – Electronic Health Records
An electronic health record (EHR) is an electronic system that collects patient information from various sources.
An EHR will include information such as:
- Clinical observations
- Medical test results
- Medical history, including surgeries and procedures
- Current health issues or chronic illnesses
- Medication currently taken by the patient
In addition, and EHR is a type of practice management software which can send out notifications to patients, reminding them of upcoming appointments, the need to undergo medical tests or to encourage patient compliance.
Practice Management Software & Population Health
When it comes to population health management, prediction is a crucial part of preventing health related issues.
Using population analytics, medical practices are able to identify individuals with a higher risk of developing chronic disease far in advance.
When these risks are identified early on in the progression stages of the disease, healthcare professionals are given a better chance at preventing or minimising the effects of long-term illnesses.
Improving Patient Satisfaction – Patient Management Software
Establishing and maintaining a good relationship with patients is a fundamental part of promoting health and wellness while reducing unnecessary spending and increasing profits.
Predictive analytics which help determine patterns in patient behaviour, are key components of nurturing effective communication between patient and healthcare provider, allowing medical practices to always be one step ahead of the patient.
In turn, patients feel looked after and cared for, creating trust and improving their relationship with their healthcare.
When patients have a good relationship with their doctors, they are more likely to work harder at improving their own health, while staying loyal to the practice.
Patient satisfaction is directly linked to a financially successful medical practice.
V-Professional – Medical Practice Management Software
With our medical practice management software, you are able to access predictive analytics using the user-friendly interface.
Access to predictive insights directly enhances your practice management as well as patient care and population health management.
For more information about our software, please feel free to contact us.