SALT LAKE CITY, March 9, 2016 /PRNewswire/ -- MBX Medical Billing Experts, LLC (MBX) announced today the release of APEX Business Intelligence (Apex BI) for its clients, a powerful healthcare data analytics tool that enables organizations to maximize financial performance by providing timely knowledge and easy-to-use customizable dashboards that deliver analysis of virtually any quantifiable metric in the practice management system. Apex BI eliminates the need to spend time manually compiling information; its data visualization tools easily track performance, identify problems and recognize areas of inefficiency.
"The executive dashboards are a huge help to our clients," said Jeff Fox, Vice President of Operations at MBX. "They are finding that being able to compare their practice's performance against industry benchmarks is enabling them to make faster and more accurate operational decisions, allowing them to continuously improve revenue cycle management."
Apex BI allows an organization's data to be compared across time periods, locations, and physicians. Dashboards can create a macro view of performance, and then be used to focus on details such as charges by post-date, payments by post-date, average payment per procedure, and other metrics useful to identify underperforming areas and operational gaps.
"Our client account managers tell us that the denial dashboard is hugely popular among administrators," said Scott Roehrig, Vice President of Customer Experience at MBX. "Through Apex BI's tracking of payment denials, both by insurance carrier and denial messages, we have been able to quickly react when a denial pattern first emerges, allowing us to take immediate action on claims management."
MBX Medical Billing Experts is a growing organization specializing in radiology billing. MBX's experienced team cumulatively possess over seven decades of working with some of the nation's leading radiology group practices and have implemented over 300 outsourced revenue cycle management systems. MBX processes millions of procedures per year for clients across the nation.
About MBX Medical Billing Experts
Headquartered in Salt Lake City, Utah, with operation centers around the US, MBX provides outsourced billing and revenue cycle management primarily to radiology organizations. MBX lowers overheads and increases revenues by becoming a strategic partner with its clients. This philosophy creates a transparent process resulting in exemplary customer service to patients and physicians, an intelligent approach to denials management, and a market-leading clean claim rate. For media inquiries, contact Delisa Maney at 773-349-1261 or firstname.lastname@example.org.
SOURCE MBX Medical Billing Experts