Eyeworld Daily News

2017 ASCRS Los Angeles Daily Saturday

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EW SHOW DAILY 56 ASOA News Today Saturday, May 6, 2017 To learn more, attend today's session, "Turning Data into Dollars: ASOAnalytics," to be held from 2:45 to 3:45 p.m. in the Convention Center, meeting room level, 411 Theatre. Session leaders Joe Theine, MBA, Hayley Boling, MBA, Dan Chambers, COE, Andrew Maller, COE, and Janna Mullaney, COE, will offer insights into benchmark- ing in ophthalmic practice as well as discuss the what, why, and how of ASOAnalytics. Visit the ASOA Networking Lounge, meeting room level, 511 to view a demo and register your practice. Go to www.ASOAnalytics.com to learn more. EW B enchmarking to analyze trends, review practice performance, and evaluate internal processes is an in- creasingly important part of practice management. Historically, it takes a lot of time to compile practice data and crunch the numbers to get meaningful metrics to make informed business decisions, and often it's hard to get access to real-time benchmarks to compare to similar practices—until now. Introducing ASOAnalytics ASOA, in partnership with BSM Consulting, launched ASOAna- lytics to give members exclusive access to real-time data for sound business decisions. It's an online benchmarking database that collects individual practice data through a series of "bite-sized" surveys and places benchmarks and key practice management data in the hands of administrators when they need it. ASOAnalytics is like a personal benchmarking database. It enables administrators to gather practice data, analyze trends, review practice performance compared to industry benchmarks, evaluate internal pro- cesses, and more. Participants will gain insight on: • Practice demographics • Provider productivity • Staff productivity • Clinical staff wages and salaries • Revenue cycle management, and more ASOA members can partici- pate free of charge in the first two surveys, Practice Demographics and Provider Productivity. A $250 annual subscription will provide access to all subsequent surveys and corre- sponding data and benchmarks. ASOAnalytics is easy to access, easy to use, and easy to understand. Interpreting the data can some- times be challenging, so ASOAnalyt- ics will offer subscribers educational opportunities within the application to learn how to use the data. "ASOAnalytics recognizes that everyone is starved for time, analyt- ics and finances can be intimidating, and budgets are tight," said Dan Chambers, ASOA president. It's a win-win for administrators to have a tool like this at their disposal. Benchmarking for a practice just got easier CORNEA and EYE BANKING NEW ORLEANS FRIDAY, NOVEMBER 10 FORUM 2017

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