Health Care Solutions

In healthcare, the definition of organizational performance is changing as rapidly as the need for it is growing. Regulatory mandates, both necessitated and exacerbated by economic conditions, have created an environment characterized by fewer resources, jeopardized cash lows and diminishing margins. Improving performance is a function of providing a higher quality of care to a greater number of patients despite lower reimbursement.

There’s no dearth of operational, financial and clinical data in healthcare. Information systems have been collecting it for more than four decades. Organizations have been digitizing medical records for over 10 years and can access, search and use all kinds of government and public sector data.

Healthcare organizations need accurate, timely information to address escalating costs, acclimate to changing healthcare regulations, and respond to increased demand for medical services. What if you could easily view and analyze your business data to see where you are performing well, or poorly? How would that impact your decision-making? How quickly you respond could be the difference between success and failure.

The result? Mountains of data that organizations could use to make informed decisions to provide safer, more cost-effective patient care, accelerate recovery and shorten length of stay and balance growing resource scarcity with effective resource utilization.

The problem however is getting to that data.

The recent and unprecedented changes occurring in healthcare have sent organizations scrambling to extract critical information from the mountains of disparate data they possess so that they can drive optimal performance. That’s where a data warehouse comes in. A data warehouse is a must-have commodity for any organization seeking to do the following:

• Understand and manage patient populations.
• Support and defend clinical decisions.
• Allocate scarce resources
• Reduce waste
• Improve quality of care and Optimize clinical, financial and operational performance.

Business & Clinical insight does not have to be complex, expensive, and difficult to manage process. Business insight simply means turning the data you already collect into useful information and reports to support more effective decision making.

It helps you to:

• Improve member health.
• Drive healthcare operational efficiencies.
• Track variations in quality, provide member dashboards, set alerts, and check drug interactions.
• Monitor operational costs.
• Manage healthcare risk and regulatory compliance.
• Align activities from the boardroom to the back office.
• Improve clinical outcomes and financial performance.

ROI through Analytics

Choosing a BI solution that provides a rapid time-to-value in healthcare is critical because current cost-reduction pressures won’t wait for complex data-integration strategies. Adopting an iterative approach, however, allows an organization to recognize ROI from different phases of implementation before committing further investment in the solution.

Be prepared for Future

From meaningful use and new models of care such as ACOs (Accountable Care Organizations), to value-based reimbursement and re-admission penalties, healthcare increasingly needs business intelligence solutions that can aggregate all its data, including clinical and financial, so it works together. For most healthcare organizations, an Enterprise Data Warehouse is the best place to start. It helps ensure reliable, repeatable access to enterprise-wide data needed to spur the evolution to data- driven decision-making.

Get started with tools your health organization may have already own (e.g., Excel, Power BI, SQL Server). With our Microsoft Business Intelligence solutions, we can help empower your organization with the insights to enhance quality of care, collaboration, and outcomes to realize a healthier future. YVS Can help you obtain the same.