Healthcare Analytics

Quality of control can be dropped significantly due to misallocation of resources. You need to continuously monitor your basic healthcare reporting metrics across hospitals, regions and programs in order to keep profitability and efficiency moving in the right direction. In order to manage your business more efficiently, you need to cut data in various ways and share it with your employees. Healthcare analysis is an essential part of any healthcare organization as it not only assists one in evaluating the healthcare needs of the patients but also helps in better risk management.

Bilytica Healthcare Analysis has several added features that can help you in better analysing profits and expenses. It streamlines your data and provides filters on the dashboard to customize the information available. The data provided is in real-time which helps the staff members get the data immediately when they need it. It also tracks the time that is required for a patient from the reception to admission to discharge. It allows you to take appropriate action in terms of customer satisfaction and improving the flow.

Bilytica Healthcare Analysis has the following features:

  • Understanding profitability by HRGs (Healthcare Resource Groups), gender, age and specialities.
  • Patterns of profitability and expenses are identified by speciality and admission method.
  • Interactive, real-time, web-based dashboards are provided to the staff members in order for them to get the data they need right on the floor.
  • Analyse profitability across any dimension of your organization.
  • It provides service monitoring in terms of what diseases are prevailing in the given population, at what age and what are the associated costs.
  • Provides dashboard with filters for service monitoring.
  • Keeps record of the time it takes to cycle a patient through from reception to treatment and finally, discharge with all intermediate processes included.

Analyze revenue and profit at any level of your organization

For-profit hospitals need to be able to analyze and understand profitability across many dimensions of their business
This visualization provides a perspective on which specialties are the most profitable for a national healthcare organization. Medical and surgical specialties are high in revenue and have strong profitability, according to the bar chart at the bottom of the dashboard. Using the dashboard, you can evaluate which regions respond well to advertising, and make decisions about where and how to expand service.

Service Monitoring

Healthcare providers and insurers need to know which diseases are the most prevalent in a given population, which ages are most affected, and what the associated costs are. Using anonymous patient-level costing data is extremely useful for this type of analysis.
Using this dashboard, a healthcare insurer can evaluate the risks of particular applicants, which diseases they are most susceptible to, and what the costs of treatment for them would be. This application uses data from MEPS (Medical Expenditure Panel Survey).
The insurer can select a number of diseases to consider using the filter on the right. They can filter age at the bottom right. The entire dashboard will update based on the filters.
When published to Tableau Server, the dashboard provides a secure way for managers and executives to explore service trends right in a browser.

Cycle Time Reduction

Wait time is one of the most important drivers of patient dissatisfaction. Track the time it takes to cycle a patient through from reception to discharge with all variables included. This allows you take the appropriate action to improve flows and improve patient experience.
This visualization tracks about two months of data in a multi-physician office. On week 4, the office implemented a plan to improve processes, targeted at reducing wait times in the waiting room and exam room.
The top view shows that after the process improvement, total cycle time did in fact decrease. Clicking through the steps of the patient cycle on the bottom right, you can see that the reduction in wait time was most dramatic at the two targeted steps. Other steps in the process stayed constant.
The net result was that the process improvements reduced total cycle time from 73.7 minutes to 64 minutes, a reduction of around 13%.

Segmentation

In a large hospital, thousands of patients come and go each week. How do you know if you are planning correctly to meet the needs of your population?
With this visualization, hospital administrators can better understand the demographics of an enormous client base. Clicking on any zip code on the map shows a breakdown of the patient demographics in that zip code.
By analyzing patient origin, age and length of stay, hospitals can anticipate their staffing and facilities needs as well as understand which neighborhoods to target for outreach.

Profitability Analysis

For-profit hospitals need to be able to analyze and understand profitability across many dimensions of their business
This visualization provides a perspective on which specialties are the most profitable for a national healthcare organization. Medical and surgical specialties are high in revenue and have strong profitability, according to the bar chart at the bottom of the dashboard. Using the dashboard, you can evaluate which regions respond well to advertising, and make decisions about where and how to expand service.

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