11 BI Tools To Analyze Healthcare Operations
May 25, 2012 09:00 AM Although clinical decision support systems remain the rock stars in many large hospitals and group practices, let's not forget the need to analyze operational, financial, and quality control data.
Infor's Lawson Analytics For Healthcare
Lawson, which was acquired last year by Infor, offers Lawson Analytics for Healthcare to help healthcare organizations extract data from Lawson applications as well as third-party systems. The Lawson software connects staffing, clinical, supply chain, and financial information to assist in better decision making.
Lawson Analytics for Healthcare provides insight into the factors affecting margins and productivity in three key areas: labor productivity, supply chain, and financial management. Prebuilt analytic content allows healthcare organizations to answer questions like, "What is the actual average wage rate compared to budget?" and "How are suppliers performing against the Perfect Order standards?"
Organizations can use this information to quickly implement changes that reduce nursing agency and overtime expenses, capitalize on supply chain savings opportunities, and free up clinicians to spend more time on patient care.