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Business Intelligence - Healthcare Industry

The healthcare industry is under more scrutiny today than any other single industry. Whether your enterprise is a medical practice, a single hospital or an enterprise with multiple regional facilities or an urgent care, ambulance or home nursing care practice or a health insurance provider or healthcare software solutions enterprise, your business is more complicated today than ever before! Your enterprise must understand and attend to privacy laws, information security, health care practice regulations, patient records and requirements, practice management, staff management, training, financial stability, facilities and equipment management and many other factors that influence the success of the organisation.

There is a constant demand for accurate, timely information from health insurance and health care companies to satisfy information requests for industry and government regulators, management, stakeholders and investors, patients and other healthcare service participants. Resource management and optimisation is critical and budgets are tight! Added to these challenges are the constant changes in laws, regulations and industry standards.

Healthcare administrators, professionals and managers are caught in complex web of patient records management, human resource allocation, infrastructure and facilities and equipment availability and knowledge and skills management and overburdened by the need to process claims and insurance paperwork as well as financial transactions, billing, appointments, shift assignments and business and operational performance.

Business Intelligence Tool

Business Intelligence for Healthcare

True business intelligence (BI) can support, grow and ensure the success of the every healthcare and health care related business with full insight into performance, complete analytical support and the ability to forecast and predict results, analyse the root cause of performance issues and take swift, confident corrective action.

  • Financial Analysis – Financial Analysis enables the health care business systems user to monitor underwriting requirements, and ensure accountability to executives, regulators and stakeholders. Business Intelligence for Healthcare solution provides full transparency, slice and dice and drill through analysis, and a full picture of financial operational data, integrated from numerous enterprise systems and sources into a unified dashboard environment that is easy to understand and adapt for every business user
  • Quality Performance and Safety Analysis – Quality Performance and Safety Analysis facilitates compliance, security, privacy and safety information for healthcare procedures, tests, and pharmaceutical administration, before and after the patient procedure, test or drug administration. Business Intelligence for Healthcare solution also ensures that the organisation has full insight into continuous improvement, patient and staff satisfaction, quality metrics, patient access and privacy, records management, utilization and optimisation, and best practices to improve the services and quality of processes, skills and delivery
  • Marketing Analysis – Marketing Analysis evaluates profitability in specific patient segments and measures marketing results to improve performance. Users can compare the most cost-effective marketing techniques and monitor campaign costs, calculate return on investment (ROI) for campaigns, and compare performance against goals.
  • Financial and Operational Performance Management – Financial and Operational Performance Management and Analysis enables financial performance and allows the organisation to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Users can monitor the financial health of the organisation and create and share reports to comply with government and industry regulations
  • Profitability Management – Profitability Management and Analysis helps users to evaluate risk trends and forecast profitability with dependable data.

Business Intelligence for Healthcare solution, ElegantJ BI is designed to support all the analytical needs of the health care enterprise, including regulatory compliance, operations management, demographics, patient and staff profiling, financial and profitability analysis, knowledge and skill management, utilization and facilities management, and many other factors of business success.

ElegantJ BI for Healthcare – Benefits at a Glance

  • Perform summary and detailed claims analysis
  • Provide reporting and analyse clinical data
  • Analyse patient care and consistency of quality and identify critical issues
  • Perform operational performance and cost analysis
  • Provide full insight into resource and human capital management
  • Improve business efficiency with workflow and process metrics and automation
  • Collect data from clinical, financial and administrative sources and empower managers for accurate decision-making
  • Provide a powerful, unified framework with information integrated from numerous enterprise sources to comply with regulatory agencies with an effective reporting system
  • Convey information with BI dashboards and drill through capability to provide summary and granular reporting and control key performance indicators (KPIs) and metrics, to achieve excellence in patient care services
  • Ensure simple patient records tracking with the most up-to-date, detailed information
  • Leverage robust features in an intuitive user environment that is personalised to suit the needs of every business user and can easily compile and present relevant data for healthcare administrators and other users
  • Derive information on human resource availability, infrastructure utilization, patient records management and inventory of consumable goods and supplies
  • Provide powerful data analytics with valuable business intelligence for effective decision making on hiring, resource development, knowledge sharing, forecasting of facility and staffing growth and financial predictive analysis.
  • Balance the risk involved with business and growth while maintaining regulatory compliance
  • Leverage investments in existing resources and infrastructure by integrating data from existing sources
  • Meet regulatory requirements with timely accurate information
  • Produce BI Reports and intuitive presentations for management on performance, demographics, quality of care, resource optimisation and other factors
  • Analyse and act on business intelligence for promotional activities and plans, hiring and other tasks
  • Provide a 360° view of services, sales, marketing and other information
  • Assess all aspects of organisation performance, e.g., income, profit, patient satisfaction, flexibility, transformation and growth

ElegantJ BI Integrated Business Intelligence and Enterprise Reporting capabilities ensure comprehensive Corporate Performance Management, and provide business intelligence with simple, practical, affordable features and functionality. Our BI modules are relevant to all industries and functions and can be used by the average business user without the assistance of analysts, statistical experts or technical programmers. No matter the size of your organisation, ElegantJ BI solutions can satisfy your needs with flexible licensing and implementation options that include on premises implementation and hosted, Software as a Service (SaaS) implementation.

ElegantJ BI solutions provide a single source, integrated view of enterprise data from numerous sources and enable every user to build views, balanced scorecards, dashboards and key performance indicators (KPIs) to satisfy the needs of their role, department and function, so every user is engaged in the pursuit of strategic, operational and tactical goals and can provide appropriate support for continued success in acquiring new clients and in retaining existing clients and selling new products and services.

If you need a rich, intuitive Business Intelligence for Healthcare solution, coupled with robust CPM features, we encourage you to contact us today to discuss your unique requirements and get started with the ElegantJ BI solution suite. Email us at sales@ElegantJBI.com

Business Intelligence Video

Sales Performance Analysis

Business Intelligence Video – Sales Performance Analysis

Browse through our online video library to learn more about ElegantJ BI solutions. You will find valuable information about BI and how it can help you to be more productive and efficient, and the various ways in which our solutions can help you to achieve true BI. Explore the powerful world of Business Intelligence and find out how we can help you achieve your vision and stay on target to business success!

KPI Dashboards

BI Tool - Business Intelligence Dashboards

Our dashboards provide a customized snapshot of operations, and help the user identify problems and the source of those problems, and they provide valuable, up-to-date information about financial results, sales and other critical information – all in one place! Users can customize views and analyze information at the strategic, tactical and operational level.

Business Intelligence Case Study

Customer Success Story

Business Intelligence Tool – Case Study

The client is a WHO-GMP compliant, ISO 9002 certified, leading publicly listed Pharmaceuticals Company with a large shareholder base. The company manufactures all major dosage forms such as Tablets, Capsules, Injectables, Syrups, Ointments, etc. Read full story »