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InfoDive®, Nucleus® and Protocol Analyzer

Practice Business Analytics

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You can't be everywhere at once. Your data can. 

No matter how efficiently you run your community oncology practice, you can't be everywhere at once. Even the most diligent practitioners make coding errors or forget to track waste. And just one wrong click can cost your practice thousands in lost revenue. Worse yet, you might not even know that it happened.

That's why we've built powerful business intelligence solutions that comb through data from your EHR, your PM and inventory management systems to identify discrepancies before they become problems. Think of our solutions as triage specialists for your operations: We help you prioritize administrative tasks to recover lost revenue, enhance operational efficiencies, reduce your audit risk, amplify your marketing impact, and more.

Powering better business performance

Benchmarking against your peers

InfoDive pulls data from your EHR and practice management tools and compares it to benchmarks from community oncology practices nationally, helping you make informed decisions for your business. We can help you reduce audit risk by optimizing coding practices to ensure regulatory compliance. You'll be able to compare practitioner productivity and improve your marketing results by understanding where your referrals come from.

Increasing revenue

In contract negotiations with payers, knowledge is power. InfoDive arms you with clear insights into reimbursements and adjustments, so you’ll come to the table with better data than the payer. Our easy-to-use reports analyze your revenue cycles so you can see exactly how much your practice is being paid, helping you foresee gaps and identify opportunities for growth.

"We can take the data at the end of each month to see our trends – number of new patient visits, revenue, pharmacy inventory and billing, rebates, contracting, etc. It is easy to pick a metric and be able to create reports based off those metrics.”

Oncology Practice Administrator

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GapFinder®

Recovering lost revenue

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Considering the cost of oncology drugs, your practice's financial health depends on accurate dispensing and billing. InfoDive's GapFinder report reconciles data from your inventory management and PM systems to uncover coding and billing errors so you can catch mistakes before they fall through the cracks. With the data telling you where to prioritize your revenue recovery efforts, you won't have to stress anymore about what you might have missed.
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Buy and Bill

Identifying claims paid below cost

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Between understanding contracted pricing agreements and working with so many different payers, it's easy to see how your practice might accidentally close a drug claim without recovering the full cost of the medication. With InfoDive's Buy and Bill report, we can quickly identify closed claims where you've accepted less than your invoice cost. We'll arm you with the details you need to recover those costs and help you identify operational improvements that might have contributed to the loss in the first place. 
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Inventory management benchmarking

Carry only what you need

Inventory management is a balancing act. You need the right medications on hand to treat the patients on your schedule. But carry too much product for too long, and you're financially liable for the inventory that you can't bill yet. With InfoDive's national benchmarking capabilities, you can compare your inventory management strategies with your peers nationally. Evaluate your daily dispenses, days of inventory on hand, and turnover rates to optimize your ordering schedule.
 
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Leverage the power of InfoDive with Business Coaches

As a user of InfoDive, you have a trusted partner by your side every step of the way. Our Business Coaches are available to InfoDive customers to help optimize the use of InfoDive across all areas of your practice. Business Coaches will work with your team to leverage reports and financial data that can be used to analyze practice performance and identify potential opportunities for improvement. Using insights from InfoDive, our Business Coaches can evaluate missed billing opportunities, review accounts receivable to assist in maximizing reimbursement efficiency, leverage data in payer negotiations and review key financial metrics and practice trends. 

 

Additional InfoDive data analysis includes:

  • Review net cost recovery with InfoDive’s Buy and Bill Report utilizing claims data and actual drug cost
  • Utilize GapFinder to evaluate drugs dispensed through Nucleus® but not billed
  • Provide ongoing review of current events, regulatory issues and/or practice-specific reports to identify potential areas of efficiencies in practice operations

“One of the nice things about Protocol Analyzer is that we can build special regimens based on the type of cancer and insurance contracts, making it easier to build favorited programs based on current treatment protocols.”

Financial Analyst

Providing additional analytics tools to monitor your practice's health

Track and manage inventory

Nucleus®

Our Nucleus inventory management system tracks and manages products through smart dispensing stations and an integrated portal. By delivering impactful reports, Nucleus will help your practice save time and reveal granular inventory information—reducing waste and increasing cost savings. You can even place just-in-time orders and get products from Oncology Supply the very next day.

Determine the total cost of care

Protocol Analyzer

Our Protocol Analyzer is a tool that calculates your practice's drug spending and reimbursement attainment. You can quickly and easily create a cost estimate for therapy, which helps facilitate financial counseling between patients and their advocates.

Customizable KPI dashboards

with Practice Health Insights integration

InfoDive is integrated with Practice Health Insights, our comprehensive web-based application that combines practice data from pharmacy, clinical, and financial solutions into a single platform that provides key insights into practice performance.

Practice Health Insights offers you access to tools and solutions such as InfoDive, Protocol Analyzer, and SmartRx Analyzer, consolidating provider solutions under one login. The customizable dashboard offers key performance indicators (KPIs) and metrics specific to each area, transforming how you assess your practice by providing an innovative way to analyze KPIs efficiently.



Discover how InfoDive can power your business decisions by completing the form below: 
 

Dive deeper with InfoDive

The most stressful problems are the ones you don't see coming. That's what makes InfoDive so powerful: We can help you stop worrying about what you missed so you can get back to running your practice. Request a demonstration from our team today.