Hospital and health network executives are tasked with making strategic decisions that keep operations running smoothly and costs under control. They must constantly find new ways to optimize efficiency and minimize waste, while preserving care quality. The key to driving more efficient operational management is fast access to reliable, comprehensive information about clinical activities, finances, volumes, and other important aspects of administration.
Comprehensive Insight into Finances and Operations
Omni-HealthData Provider Edition from Information Builders combines robust integration, data quality, data mastering, and data governance functionality to empower executives with a consolidated view of operational information and metrics. This comprehensive, unified platform enhances executive decision support by bringing together, cleansing, and harmonizing data from a variety of sources – finance and HR applications, EMR systems, claims clearinghouses, and more. Executives across disciplines have immediate access to timely, complete, trusted data that helps them make smarter, data-driven operational decisions.
With Omni-HealthData, executives can:
- Obtain a complete, reliable view of all activities across all lines of service
- Measure the effectiveness and cost-efficiency of departments, physicians, and various treatment regimens
- Track important metrics such as admissions, discharges, open beds, transfers, capacity, and more
- Monitor income, expenses, and other financial indicators
- Assess progress towards important operational goals
Maximum Flexibility to Satisfy Diverse Needs
Omni-HealthData is highly flexible, allowing executives to keep their eye on different aspects of operations, depending on their role in the organization. For example, CEOs can view metrics related to volumes, bed provisioning, and capacity planning. CFOs can closely track cost-related indicators, such as operating margins, volumes, and expenses per admission. And CQOs can monitor metrics related to care quality and patient safety, such as incident rates, infections, and outcomes.
This information can be readily shared with peers and colleagues as needed, allowing executives to benefit from information that may not have been available to them previously. For example, survey data used to measure patient satisfaction can also be leveraged for physician performance management. Correlations can be made from patient safety events to staffing levels. Data used can model the cost of quality improvements and the resulting impact on patient satisfaction.