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Reinventing the Healthcare Enterprise with Analytics

insightsoftware -
May 18, 2022

insightsoftware is a global provider of reporting, analytics, and performance management solutions, empowering organizations to unlock business data and transform the way finance and data teams operate.

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Whether you work in a hospital, long-term care facility, clinical lab, or a HealthTech company, all workers in the healthcare sector today are focused on value-based care and cost efficiencies. For organizations intent on streamlining processes, an analytics tool is the logical next step.

Undoubtedly, embedded analytics solutions deliver the best outcomes. For Healthcare enterprises, these prove beneficial to all stakeholders, including patients, providers, payors, and policymakers via end-user touchpoints. A single investment in embedded analytics reaps a multitude of benefits, both inside and outside the medical facility.

Transform Business Operations with Analytics

When you invest in analytics, you can see benefits around the entire business. There are clear advantages that filter through the organization.

1: Operational Reporting & Performance

Report automation can save healthcare facilities precious hours and funding by delivering visually-rich reports to users across all units on a timely basis. Integrated security is a must-have to ensure confidentiality and thwart violations. The protection of patient data and sensitive health information is of the utmost importance for this industry.

CarePartners is a prime example of how you can use analytics to improve your operational reporting and performance. You can review the advantages that CarePartners gained through the use of enterprise-wide BI with Logi Report:

  • Actionable metrics: Automate reporting with embedded analytics for performance enhancements throughout the entire business.
  • Transparency: Provide insight into parts of the business that were previously unseen.
  • Self-service: Allow for all members of the organization, regardless of position or skill set, to have full control and ownership of individual work flows and accomplishments.

Beyond the Basics: 6 Best Practices for your Operational Reporting Workflow

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2: Data Management

Top-tier management of data and reporting adds value spanning an entire organization, regardless of its size or the level of complexity. Imagine if every department in your clinic could have personalized access to data, whether it be critical patient records or billing/insurance information. Consider the impact of operational and process-centric metrics being shared easily across internal and external factions.

VasoHealthcareIT is a great example of how partnering with an industry leader, like Logi, can advance your business. A difference in working with a solution at this tier is that the handling of large data sets is the norm for embedded analytics solutions. Like most healthcare enterprises, you aim to spend less time massaging data and more time dedicated to where it matters most.

For an organization like VasoHealthcareIT, scalability is also a consideration. As their enterprise grows, VasoHealthcareIT seeks to take on new clients. Because embedded analytics are more efficient than the manual mode of reporting, more reports are able to be generated and then distributed at scale. The bottom line is that flexibility is greatly enhanced by embedded analytics and is critical to the overall growth of the business.

Share Your Embedded Analytics with Customers

The best part of an advanced analytics solution is the benefits that you can pass on to your customers. When they are satisfied, you can more easily direct your resources to other essential tasks. This is all part of the effort to ensure responsible utilization, an initiative which is top of mind in healthcare today.

1: Patient Portal

Over the past decade, the use of a patient portal has become widely relied upon in healthcare. It has become the norm and for good reason. These online applications foster patient engagement and further communication with healthcare providers. Patients are granted portal services and connectivity with their physicians and hospitals on the internet 24/7.

Aspen Dental is the perfect example of how the integration of embedded analytics takes the patient portal to the next level. These are some of the perks

  • A cohesive brand experience for end users.
  • Customizable, from a brand perspective, with white labeling.
  • Personalized, in terms of creating a user experience that makes sense.
  • End-user accessibility to their individual data.
  • Distribution of dashboards that keep everything organized.

2: Hospital Management

The management of a hospital has never been more challenging. The oversight of daily work processes and departmental strategies is immense. The hospital administration is charged with the management of both the infrastructure and employees. Planning of the finances and budget of the facility is a big responsibility. Administrators are constantly worried about the metrics around preventable hospitalizations.

End users of HealthTech aren’t just patients, Northport Health Management demonstrates how doctors, hospitals, and health centers can also benefit from the use of cutting-edge technology. The right analytics solution provides a view of the grand scheme of how their hospital is performing and where vacancies lie.

Having data organized on appropriate dashboards allows for hospitals to expertly manage facilities. This means that no single place is overwhelmed, thus giving doctors and healthcare workers the ability to offer top notch service to their patients.

Final Thoughts

Can embedded analytics truly help an enterprise as complicated as healthcare? 100% yes. From patients to healthcare professionals and administrators, all the way to the insurance companies, the options are endless for how you can restructure and improve with analytics.

Ready to get started? Watch a demo to learn more about how insightsoftware’s Logi solutions can boost your enterprise operations.

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