The best strategic decision-making should be backed by accurate data. When evaluating your occupational medicine (OccMed) practice’s data, it’s imperative that your data is accurate and tells an actionable story. Having a solid understanding and plan for your data will help establish key performance indicators (KPIs), which will help manage your business and team more effectively and efficiently. Having your focus, data, reporting, KPIs and team aligned will be crucial for making smart decisions and evaluating the performance of your business.
Here are three tips to consider when evaluating the integrity of your data:
1. Leverage an EMR designed for occupational medicine
There are thousands of EMRs available that are great for basic medical, urgent care, and family practice needs. However, EMRs designed with OccMed in mind are far and few between and don’t have the ability to export data or KPIs related to OccMed. When looking at EMRs for your OccMed needs, it’s a must for your EMR to have exporting capabilities, which enables the capture of important data that can help you improve strategic decision-making
2. Build a dashboard with real-time, transparent information
When it’s necessary for your practice to pivot and make decisions and corrections, it’s extremely important to have the most up-to-date information at the ready. Paper reports or reports that are generated from an EMR on a weekly or monthly basis can already be out-of-date by the time they are generated and shared with your team. An EMR that features dashboards displaying real-time data concerning your financial and clinical performance, patient outcomes, or operational statistics is helpful when it’s time to make decisions. At the same time, it enables your clinicians to be even more transparent with their patients.
3. Make sure your team is singing from the same song sheet
Often in OccMed practices, team members are not on the same page when requesting or generating reports in different formats. Practices invest in their high-quality teams, only to have them work independently towards their individual idea of what success means and how to achieve it. To be successful, the team must collaborate and together determine what KPIs to focus on, set goals, and base actions and decisions on information generated by the same reports. If everyone is not on the same page, a lot of good talent could be wasted.
For more information on how KPIs can be a game-changer for your OccMed practice, check out our webinar presented by Gene Howell, COHPM, CEO of Insight Practice Partners on “4 Steps to Killer KPIs That Accurately Reflect Your Occ Med Performance.” Howell has more than 14 years of executive leadership experience guiding healthcare organizations to successfully meet the evolving financial and regulatory environment through alignment of physician and patient goals, and by using innovative IT solutions.
Learn more about Agility® for Occupational Medicine and how it serves the spectrum of major hospital programs to independent clinics.