Insights

Beyond information...Business Intelligence

Successful businesses leverage systems and data to set strategy, improve processes, target customers, and increase profits and overall revenue. Healthcare providers should operate their businesses in the same fashion and Cobalt Health can provide you with the tools and insights to achieve your business objectives.

Beyond simple information, there is Business Intelligence (BI). We offer key strategic and analytical insights to our clients, that help you develop strategy and make data-driven decisions to improve your profitability.

Cobalt Health's primary mission as a medical billing company is to improve clients' financial performance and provide them with ways to meet and exceed their business objectives.

Our reporting and analysis is unsurpassed by any other medical billing company since we use Oracle Business Intelligence, the premier data warehousing and reporting application for Fortune 500 companies. Access real-time online reports at any time, anywhere!

Resolve Important Business Concerns

Data is most beneficial when used to provide insight into key business decisions. In addition to fundamental medical billing company metrics, consider vital business matters we can assist you in addressing such as:

• Manage cash flow – look at expected reimbursement rather than charges
• Whether to terminate a payer contract (is it profitable?)
• Whether to add or eliminate particular services or procedures
• Evaluating service locations (open new locations or consolidate facilities)
• Employee and partner compensation
• Coding compliance
• Addition of provider resources
• Referral sources
• Credit card payments from patients
• Other financial or strategic questions for which data would help you make an informed decision

Regain Control

In the dark about how your business is performing? Want to improve your processes and increase profitability? Take back control of your business and make decisions that are based on concrete facts rather than conjecture. Cobalt Health helps you unlock the insights and intelligence within your data in order to facilitate your success.

We offer complete reporting solutions, including customized and on-demand reporting. Our most common reports address such business matter as:

• Charges
• Payments
• AR aging
• Payer mix
• Referral sources
• Procedures mix / top CPTs
• AR aging distribution
• Provider productivity / RVUs
• Average reimbursement by payer
• Collections / CPT
• And much more!

Our Reporting Capabilities Include:

• Browser-based real-time data 24/7
• Any field in database reportable (DOS, Entry Dt, Submit Dt, etc.)
• Excel, .csv, or pdf reports
• Trending
• Pivot tables
• Automated emailing of reports
• Dashboards

Unlock Your Potential

Cobalt Health helps you unlock the insights and intelligence within your data to help you run your business better. We offer complete reporting solutions, including customized reporting. Want real-time access to your data? Itemization and drill-down capability on an individual claim or adjustment? Cobalt Health offers this on any claim, any time. Plus we'll be right there with you, analyzing your data and helping draw the conclusions required to continually improve your business. Please Contact Us to find out how a truly extraordinary medical billing company can help you unlock your potential.