The healthcare ecosystem is fragmented, complex and forever evolving. To stay on top of changing challenges and reforms, an increasing number of hospitals are turning to business intelligence tools. BI tools eliminate hazy guesses, redundant processes and workflow inefficiencies.
Healthcare business intelligence tools enable better decision-making and accountability.
6 amazingly efficient BI tools that no medical practice should be without!
Dimensional Insight’s Diver allows you to analyze and assemble the external and internal sources in a single view. This software BI tool comes with an integrated web-based suite with many features like dashboards, scorecards, alerts, and interactive reports. The enterprise -wide reporting and analytics platform indicators are delivered to the specific users like hospitals, chief financial officers or clinical care administrators.
The Pandora suite software allows analysis of the medication and supplying distribution throughout the health care organization. The tool allows tracking the costs for each patient visit and also prioritizes their issues like compliance, lowering costs and addressing operational issues. It is also used to identify suspicious activity and canceled medication transactions for clinical operations. With the help of Pandora analytics tool, the healthcare organizations assist in drug diversion prevention, regulatory compliance, and inventory optimization.
The IBM’s Cognos BI tool offers features that aid in patient care and business performance. To measure the performance of an organization, IBM Cognos allows users to create scorecards. These scorecards will track the performance of key performance indicators. Healthcare organizations can gain insights into the different processes that make up the everyday workflow of healthcare systems.
QlikView BI tool helps healthcare organizations to analyze huge volumes of business data. This QlikView helps hospitals to monitor and to improve performance within various functional areas like clinical operations, care delivery, resource planning, finance and revenue cycle, the executive suite, and supply chain management.
Oracle suite BI tools help providers, to derive complete value from clinical and operational data for financial and operational performance. The Oracle suite integrates data from electronic medical records, clinical departmental systems, patient accounting, enterprise resource planning, research, and other systems.
theBillingBridge, is a business intelligence, and, reporting app, specifically built to work with Android and iOS powered devices. It has a user-friendly interface and offers highly analytical reports and dashboards. BillingBridge offers on-demand financial reports. It makes tracking key performance identifiers and setting benchmarks easy. Detailed reports about claim submissions/rejections, breakdowns on insurer payments, coding details and payment analytics are provided. Users can send queries within the system. Proactive alerts can be set.