HiveMind is a SaaS product that provides actionable revenue analytics for your practice, with a focus on key performance indicators, trends and insights that have been strategically developed with your practice’s financial health in Mind.

Your Practice's Financial Health at your Fingertips

How it Works

We utilize your daily production data, validate it and present it in an actionable manner.  We call this actionable data—the power to manage your practice is now at your fingertips, on-demand! You and authorized users will have the ability to view and compare providers within your practice, as well as compare your practice to MGMA industry data. You will also have drill down capability so you can take the appropriate course of action for your practice. In today’s environment you are helpless without actionable data allowing you to drive change. 

Key Performance Indicators

Here are some of the Key Performance Indicators (KPIs) that are available in HiveMind:  

ACCOUNTS RECEIVABLE

 

  • Accounts Receivable

  • AR Cash Opportunity

  • AR aging

  • Days in AR

TRANSACTION TRENDS

 

  • Total payment

  • Total adjustments

  • Patient payment

REIMBURSEMENT

 

  • Gross collection by month

  • Payment ratio

  • Adjustment ratio

  • Payment lag

  • Cash factor

PROVIDER PRODUCTIVITY

  • Top procedures by volume

  • Provider days worked

  • Appointment wait times

DENIALS

  • Denial rate by procedure

  • Denial aging

PATIENT POPULATION

  • Patient population by zip code

HiveMind Data

LOOKS GREAT

ON ANY DEVICE

HiveMind works on all mobile and PC based platforms, so you can access your data anywhere you have an internet connection.

It’s that simple! 

Additional features:

•  Configurable dashboards with drill-up/down capability

•  Supports multi-tiered security with role based access control

•  HIPAA compliant data transmission

•  Alert Management with event based alerting

•  Works on desktop, tablet and mobile

•  Accessible anywhere in world with an internet connection 

CONTACT US:

 

625 The City Drive, Suite 200

Orange, CA 92868

T: 800-865-2490
E: HiveMind@NewportMed.com

Newport Medical Solutions, LLC | All Rights Reserved