Standardization of Comparative Analytics in Healthcare

A Comprehensive Solution for Value-Based Care

As healthcare providers are quickly consolidating and purchasing smaller health systems, standardization is paramount to enable comparative reporting across organizations or sites that facilitates changing attitudes, decreased costs, and better, more cost effective care. Provider systems need to operate independently using a standardized enterprise system process to effectively make decisions around costs, health outcomes, and patient satisfaction.  Without standardization, the analysis of metrics can require considerable work and time and create issues when comparing like sites since appropriate metrics can mean totally different things at the underlying base member calculation.

A standardized solution is simple - an enterprise-based model that allows data to be shared across systems and applications to facilitate comparative analytics with data integrity:

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Such a solution offers the ability to compare productivity indices across departments against national standards using a standard calculation approach with federated master data across all toolsets, resulting in comparative analytics to drive efficiencies and value-based care:

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Topics: BI, BI Reporting, Business Intelligence, EPM, Healthcare, Hyperion, Oracle, Oracle EPM, Oracle Hyperion, Uncategorized

About Edgewater Ranzal

Edgewater Ranzal is an integrated Business Analytics solution provider deeply rooted in Enterprise Performance Management (EPM). Coupled with our Business Intelligence (BI) and Big Data (BD) expertise, we provide holistic solutions that help organizations define, measure, and innovate their business, provide a clear vision, and drive business value.

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