Our latest Power BI report provides a detailed analysis of healthcare costs, offering valuable insights into various financial aspects of a healthcare provider's operations. The dashboard covers key metrics such as total billing amount, medication costs, treatment costs, insurance coverage, out-of-pocket expenses, and room charges. It presents average costs per visit and service, giving a clear picture of where expenses are concentrated.
The report also includes a geographic breakdown, showing the total billing amount by state, which helps identify regional cost variations. Additionally, it offers a detailed analysis of procedural costs, highlighting the expenses associated with common medical procedures like X-rays, MRI scans, CT scans, ultrasounds, and blood tests.
A departmental billing analysis reveals which departments incur the highest costs, with orthopedics, cardiology, general surgery, neurology, and pediatrics leading the list. Furthermore, the report breaks down billing amounts by diagnosis and service type (emergency, inpatient, outpatient), providing insights into the costs associated with various medical conditions.
This comprehensive dashboard is an essential tool for healthcare providers seeking to optimize billing processes and manage costs effectively. By understanding where the expenses are most significant, administrators can implement strategies to reduce costs and improve the quality of patient care.
You can explore this report in detail on the Power BI service by clicking the link here.