INFORMATION SYSTEMS
Mike Sealy of Datawatch explains how its Monarch Report Analytics product can help managers understand the spiralling cost in the delivery of healthcare.
H
ealthcare providers are faced every day with mounting pressures to im- prove clinical outcomes and the quality of care, while reducing variations in practice patterns and the overall cost of patient care.
Consequently, the business side of health- care requires providers – both large and small – to conform to an abundance of reporting guidelines, metrics and compli- ance programs. Reports based on patient safety, clinical risk & total patient pathway outcomes, service line reporting, Payment by Results (PbR) and so on will require healthcare organisations to find scalable reporting solutions to quickly and easily extract, analyse, interpret and distribute information from patient information sys- tems.
Examples of Report Analytics in Healthcare:
• Patient Safety & Clinical Quality • Operating Room Efficiency • OT Costs vs. Patient Census • Clinical Patient Cost Pathways & Efficiency
• Quality Reporting Initiatives • AR, Bad Debt and Collections • General Ledger Analysis • Service Line Reporting
Monarch Report Analytics solutions help healthcare providers quickly and easily ac- cess, transform and analyse critical data that exists in reports generated from a vast array of sources including electronic con- sultant job plans, clinical activity reports, theatre lists, performance dashboards generated by finance, Human Resource systems, safety and patient experience records, clinical information systems as well as many other sources of data (SQL, Oracle, DB2, MS-Excel, XMS, RSS, etc.) and convert that information into usable formats, including Excel and dashboards— without programming
What can Monarch do?
• It provides an easily implemented (not months or years) self-service solution that delivers data trapped in your re- ports, whilst maintaining data integrity, governance and trust without duplica- tion of effort.
• It combines several different sources of data into one meaningful report (whilst maintaining the original source).
• It quickly and easily handles many dif- ferent requirements and metrics for many different users. The challenge in the health sector is to deliver against KPIs, maintain service levels, manage resources and ensure cost effectiveness; however, traditional reporting meth- ods based on extracting information from many different sources across the Trust generally prove ineffective, time- consuming, and complicated. Standard reports are often produced too late to enable breaches of service levels from happening, and ad hoc reporting tends to be costly and not very timely.
• It can complement and enhance exist- ing data warehouse and business intelli- gence initiatives. Most data required for financial, clinical or operational report- ing is already contained within existing reports but is not accessible or available for live data analysis. Monarch technol- ogy in many cases sits alongside larger data warehouse solutions, reducing the need for custom database queries and report writing,
eliminating duplicate
data entry and providing a trusted feed to business intelligence dashboards or data warehouses.
• It can leverage existing and future in- vestment in various IT applications and infrastructure technology
Unlike traditional business intelligence so- lutions, Datawatch’s Monarch Report plat- form requires no additional modifications to existing IT systems and is implemented within days as opposed to months, since no IT programming skills are required.
Datawatch has worked with healthcare or- ganisations for over 25 years in overcom- ing reporting challenges with our Monarch technology.
With over 40,000 organisations globally using Monarch and over 1,000 healthcare users globally alone, we understand your business.
You have nothing to lose but even more rising and unex- plained costs in your organisation,
unless
you do something about it and talk to Datawatch today.
Mike Sealy FOR MORE INFORMATION
T: +44 (0) 1752 546590 E:
sales_euro@datawatch.com W:
www.datawatch.com
national health executive Jul/Aug 11 | 41
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