Gain Insight and Reduce Costs with Analytics
Prompted by ARRA incentives, the healthcare industry is adopting electronic health records en masse. The resulting explosion in clinical data will generate exciting new opportunities for hospitals and healthcare systems to measure and improve performance with powerful analytics and business intelligence.
The right business intelligence environments can help hospitals and health systems:
- Improve efficiency of legacy financial and clinical systems and processes
- Monitor and analyze key metrics and objectives, including quality, safety, risk, and compliance
- Provide insight and analytics around clinical performance and patient care
- Expand access to and availability of information to support decision-making
- Identify areas of competitive strength and weakness
Successful healthcare providers need to make decisions based on the most complete and accurate data available, compiled from legacy systems, packaged software, and real-time sources to develop deep financial and clinical insights. Hospitals and health systems can use analytics to:
- Assess disease states for wellness programs and track effectiveness (health & economic outcomes)
- Develop scorecards for asthma, diabetes, and heart disease that measure prevention, chronic care management, and patient satisfaction
- Implement a dashboard with real-time graphics for reporting average length of stay, percentage of beds occupied, average daily census, and other business metrics
Insights such as these can help hospitals and health systems meet demands for increased operational efficiency, in-depth reporting and monitoring capabilities, and sustained competitive advantage.
HighPoint Solutions’ Business Intelligence practice helps clients reduce costs and improve decision-making capabilities and business efficiencies by utilizing data warehousing and business intelligence technologies. HighPoint uses proven methodologies and deep technical and industry expertise to address clients’ data challenges, empowering them to make better informed tactical and strategic decisions. HighPoint’s solutions help clients move to the appropriate levels at which decision support can be deployed to solve business problems.
HighPoint’s Business Intelligence solutions include: