New benchmarking tool released
ABILITY Network has introduced a Medicare analytics and benchmarking application called ABILITY | INSIGHT®.
The system is designed for skilled nursing facilities, home health and other post-acute care organizations. The application lets users benchmark their performance against aggregated and blinded data from similar organizations in the same geographic area, the company said.
This lets organizations understand how they compare on a state or national level, letting them identify priorities for improvement, the firm explained.
“Seeing where a provider stands relative to a cohort of similar organizations on a local level can be crucial in helping post-acute care providers understand where they're doing well and where they can improve,” said Bud Meadows, chief revenue officer for ABILITY Network. “This unique feature in ABILITY | INSIGHT is made possible by the breadth of ABILITY's customer network and the volume of Medicare data processed.”
ABILITY | INSIGHT can be integrated with ABILITY's application for Medicare revenue cycle management. Meadows said ABILITY lets SNFs and home health simplify the data process.