Drive Better Business Decisions
Healthcare financial teams are tasked with increasing revenue and driving down costs. You put tremendous effort into developing initiatives at your organization to achieve these goals. How can you ensure that they are working? How can you know when it’s time to pivot?
InstaMed Insight makes it easy to track and analyze your key performance indicators for payments, patient experience and revenue-cycle management, delivering actionable insights that show the returns garnered from your healthcare IT investment.
How is your eStatement adoption initiative performing?
How many patients are enrolled in automatic payments?
These two questions directly translate to revenue and ROI for your investment. Measure how your patients are making their payments, and with that visibility, determine next steps to increase automatic payment adoption and other patient billing initiatives.
Track KPIs to analyze your return on investment.
Explore helps you know you’ve made the right investment because you’re seeing the return in real-time.
The Payment Dashboard offers a snapshot of your most recent payment activity.
KPIs like gross sales, refunds/chargebacks/returns, payment channels and more deliver clarity of recent transaction history. In addition, you can change the timeframe of the dashboard, add a filter, and review payment trends by volume or count.