Healthcare

It is no surprise that, in the current economic crunch, health care providers are facing their own financial hardships. As these providers are being pulled in many directions while facing the need to provide high-quality health care at competitive costs, many are struggling to do what they’re supposed to do without risking dissatisfaction.
Health care companies use BI to increase profitability through various metrics while improving the level and range of services delivered to patients.

Service and Care Analysis

• Identify unnecessary or under-utilized services through analysis of current care practice patterns, patient treatment histories and patient resolution trends
• Improve resource planning and scheduling through analysis of patient demographics and Door to Provider Time, Admission to Provider Time, Throughput (Urgent/Non-Urgent), Bed Turnover Type of Cases, histories of health care use and drug use to determine the likelihood of increased resource consumption

Operations and Financial Analysis

• Improve operations and cost efficiencies through identification of unusual costs, selection of best practices of the most profitable business units and implementation of improved utilization patterns by monitoring average length of stay, maintained bed occupancy, inpatient and outpatient revenues, cost per adjusted patient day (outpatient and inpatient), revenue and expense per physician, margin per department
• Control costs, improved productivity and eliminate waste by better inventory control and supplier management
• Increase workflow efficiencies by analyzing consolidated data from clinical and financial areas

Some Key Analytics for Health care

Post Operative Complications, Pre-Operative Pathologies, Clinical Data Analysis, Patient Care Analysis, Operational Performance, Cost Management, Resource and Human Capital Management