Embed Size (px)
Citation preview
BRINGING YOUR OPHTHALMIC PRACTICE INTO FOCUS
You’re busy managing your practice every day. From paperwork to patient care, overseeing the business is often more than a full-time commitment.
How do you find time to gather and assess relevant data that will help you make better business decisions?
Look to ASOAnalytics. Developed in partnership with BSM Consulting®, ASOAnalytics® helps you review practice performance compared to industry benchmarks; evaluate efficiencies and analyze trends year-over-year through short surveys specific to ophthalmology business that cover key performance areas.
Practices that participate in ASOAnalytics can track their own practice trends and compare their practice to similar practices, print reports and export table data to Excel, maintain up to three years of pratice data and have access to real-time time benchmarks any time of year (once a minimum data set is achieved to release statistically relevant results).
ASOAnalytics harnesses the power of data from many practices so you can make better-informed business decisions today for your practice.
Easy to access. Think of ASOAnalytics as your personal benchmarking database. Once surveys are populated by you and other members, you can run reports anytime that are directly related to your practice and see how you compare to others in the ASOAnalytics database, and see year-over-year trends for up to 3 years.
Easy to understand. We recognize that interpreting data can sometimes be challenging. That’s why, as part of an annual ASOAnalytics subscription of $250*, you’ll have educational opportunities to learn how to interpret your data and tips for interpreting results within each report.
Easy to use. Begin today by participating in the Practice Demographics survey, which puts you on the path to receiving comparative data about your practice.
SURVEYS COVER THESE KEY PERFORMANCE AREAS:
• Practice Demographics (FREE to participate)• Provider Productivity (FREE to participate)• Staff Productivity• Clinical Staff Compensation • Revenue Cycle Management and RCM Staff
Compensation• Patient Services, Administration, and Surgery
Scheduling Staff Compensation• Operating Efficiency• Provider Compensation• Optical (available Fall 2018)
Some benchmarking surveys take upwards of 40 hours to complete, can be costly, and often require the attention of only the most high-level staff. In contrast, ASOAnalytics recognizes that everyone is starved for time; analytics and finances can be intimidating; and budgets are tight.”
— Dan Chambers, MBA, COE, ASOA’s 2016-2017 President and Executive Director at Key-Whitman Eye Center
ASOAnalytics HELPS ANSWER QUESTIONS SUCH AS:• Are we paying competitive wages for clinical, non-clinical
and RCM staff? What’s the average pay for a COA or other position in a similar metropolitan area?
• What is the average salary for providers by specialty? • How does hiring additional doctors, techs or support staff
impact our bottom line?• How many patient visits should I expect from a full-time,
comprehensive ophthalmologist?• What revenue will a full-time doctor of any specialty be
expected to produce in a year?• What’s the average number of full-time techs per doctor?• How do our management expense ratios compare to
similar practices? What is our operating expense ratio?• What is our capture rate for optical? How do our cost of
goods sold compare?
ASOAnalytics IS…
*ASOAnalytics is exclusive to US domestic practices with an ASOA professional or ASCRS physician member. The first two surveys and results (Practice Demographics and Provider Productivity) are FREE of charge; full access to all ASOAnalytics surveys, results, up to three years of trend reports, educational opportunities and tips for interpreting data is just $250 annually. Practices must complete surveys in order to access data and benchmarks. Results are only released for each survey once a statistically significant data set is reached.
IT’S TIME TO HARNESS THE POWER OF DATA—DATA THAT CAN
TURN INTO DOLLARS FOR YOUR OPHTHALMIC PRACTICE.
GET STARTED TODAY!
www.ASOAnalytics.com
Ophthalmology management is more complicated than it’s ever been. It’s no longer enough to use gut instincts alone when making business decisions. ASOAnalytics can help you determine if you’re on the right track. By collecting data in manageable amounts, ASOAnalytics will enable practice managers to receive comparative data, analyze trends and compare themselves to industry benchmarks. Ultimately, you’ll be able to make better-informed decisions.”
— Hayley Boling, MBA, CEO, Boling Vision Center, LLC
4000 Legato Rd., Ste. 700Fairfax, VA 22033
