A single solution for practice performance clarity
Find the benchmarks you need to build and maintain a healthy bottom line and optimize your practice.
MGMA DataDive Financials and Operations combines the formerly separate Cost & Revenue and Practice Operations data sets to create a more holistic view of ideal performance. It creates fundamental organizational change by focusing on your comprehensive financial success and the daily experiences of your customers, patients and employees. Whether you're analyzing staffing ratios and expense benchmarks or measuring patient flow and access metrics, this integrated resource is your go-to solution for strategic planning and performance improvement.
Utilize the Financial and Operations data set to gain precise insight into appropriate head counts to maintain or increase profitability, which might even mean adding, not reducing, staff. Even determine how much you should be spending on staff and other general operating costs and what you should get in return for productivity and profitability.
The important insights you gather comparing key performance indicators (KPIs) like hours of operation, wait times, appointment availability, call volume and much more can easily lead to high patient retention and lower employee turnover. These insights are essential to the progress of healthcare practices.
Filter the data to benchmark your practice's financial health and operations
The data set lets you segment between hospital and physician ownership. It is filterable across numerous patient, physician and operations benchmarks, allowing you to make proper apples-to-apples comparisons.
- Staffing ratios
- Accounts receivable
- Practice expenses and revenue
- Payer mix
Position roll-ups make it easy to organize your staff, including:
- Business support staff
- Front office support staff
- Clinical support staff
- Ancillary support staff
Capture metrics on KPIs in these areas:
- Value
- Scheduling
- Patient portal
- Call center
- Billing
- Demographics
- Turnover & hire rates
Measure customer experience through insights such as:
- Claims data (including claims posted, claims denied and charge posting lag time)
- Patient portal usage
- Call center data (like call volume and call abandonment rate)
Filter benchmarking data by:
- All practices
- Geographic section
- Number of FTE physicians
- Organization ownership
- Practice specialty
- Ownership type
- Geographic region
- Organization size
- Total medical revenue
- Specific ACOs and PCMHs data
Go beyond benchmarks and filters with advanced analysis tools:
- Compare your organization's data with MGMA data
- Gain deep insight into fine data points like five-year data trends and roll-up specialties
- Custom specialty builder
- Percentiles between 10-90
- Trend
- The Quartile Tool
- Identify relationships between multiple benchmarks
- Partition by benchmarks including highest and lowest performers, staffing, revenue and expenses
See DataDive Financial and Operations in action
This only scratches the surface of the potential insights this powerful data set can provide. To get the full picture, including a complete list of benchmarks and filters, fill out the form to the right, and a DataDive expert will contact you to walk you through our demo.
About MGMA DataDive
MGMA DataDive is an industry-wide data set that includes thousands of metrics that you can use to benchmark almost any area of your practice. This is healthcare's most reliable benchmarking resource, and it's helped professionals and practices of all sizes determine how they stack up in the marketplace. Pick your data set to pinpoint success and uncover opportunities using detailed filtering to generate side-by-side comparisons of your practice's performance vs. your regional and national industry peers.