Page 28 - HME Business, April 2020
P. 28
Pulling Back
the Curtain
on Your Business
Providers are amassing reams of data that
could help them better understand their business and how they fit in their markets. Now, analytics tools and services are helping make sense of that data — and produce results.
By David Kopf
12 HMEBusiness | April 2020 | hme-business.com
Management Solutions | Technology | Products
A
s HME providers expand their range of payers and revenue sources, they are learning to nimbly adapt to new market demands and make the most of new opportunities. To do that,
they need to understand their businesses inside and out. Fortunately, when providers pull back the curtain of their businesses,
they are discovering they collect a lot of data. Thanks to today’s HME business and billing management software tools, providers are pooling oceans of information. The question is, how do they understand it and then act on it? Analytics tools are now helping providers do that.
