Hrr cio-benefits

Hrr cio-benefits

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  Healthcare Chief InformationOfficers like you are charged with keeping their hospitals and health systems operating at peak efficiency from an information technology standpoint. A wide range of stakeholders expect you to manage changes from inside and outside the organization and the new responsibilities they create. Look no further than the Patient Protection and Affordable Care Act and the shift to pay-for-performance as examples. Today, more C-suite leaders and other internal stakeholders are asking for organization-wide business intelligence – often on a daily basis – to help them make more informed decisions to improve quality of care, enhance patient satisfaction, achieve savings, and grow revenue. For the CIO, that means increased pressure to provide data analytics in a manner that will give stakeholders a broader view of operational, clinical, and financial information when they want and need it. While you probably have the vision to achieve the goals in front of you, the reality is you’re likely facing obstacles in bringing that vision to fruition. These challenges might very well include the following: • Finding ways to overcome calls for niche solutions that meet single needs, such as an operating room management solution or a computerized physician order entry system. These disparate systems require a great deal of support but cannot meet the underlying need for enterprise-level reporting. • Managing ever-changing regulatory compliance requirements, including who has access to which data. • Managing other significant IT projects, such as delivering an electronic medical records system or achieving Meaningful Use. • Overcoming lack of resources, both from a budget standpoint and a people standpoint. The answer to many of these challenges lies in the implementation of an enterprise data warehouse (EDW). For CIOs, an EDW can not only bring value to the entire organization in terms of quality improvements and cost savings, but also provide a single source of the truth that can benefit all levels of decision making, from the operating room to the board room. CIOs have a variety of options in implementing an EDW, ranging from packaged solutions to services- heavy offerings to the time-intensive task of building an EDW in-house. The KnowledgeEdge™ EDW from Health Care DataWorks is a powerful, flexible choice that can help you meet your goals and overcome daily challenges in five key ways: 1. Provides an organization-wide business intelligence solution that meets the needs of individual stakeholders. An EDW provides a broader view of information by aggregating, organizing, and analyzing data from the administrative, financial, clinical, and research functions. As a result, stakeholders, regardless of their department or area of expertise, can view information when and how they need it. The KnowledgeEdge EDW offers an easy-to- use portal that enables users to view standard information, such as patient stays and clean claim rates, or run their own queries for the particular information they need. 2. Is fast and easy to implement, saving you and your team valuable time and effort. The KnowledgeEdge EDW can be a hosted solution, or it can be implemented within your IT environment. Either way, the EDW prevents you and your team Five Ways a Healthcare CIO Benefits from an Enterprise Data Warehouse HEALTHCARE RAPID READ
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  from having tobuild your own enterprise-wide solution at a time when you’re likely busy with other projects with pressing deadlines. Additionally, the KnowledgeEdge EDW sits atop a robust unified data model that can be implemented across every department in less time than it would take for you to build your own EDW. 3. Brings a rapid and measurable return on investment. Because the KnowledgeEdge EDW contains pre-built dashboards, reports, and applications, once you’ve loaded your data into the EDW, you gain immediate insight for quick ROI. In fact, depending upon the size of your organization and your situation, the KnowledgeEdge EDW can often be up and running significantly faster than if you built an EDW in-house. 4. Enables you to implement an enterprise- wide solution in stages that fit your budget. Budgets are tight, and the money allocated for business intelligence solutions is often limited. While the ultimate goal is to have a comprehensive EDW in place organization-wide, with Health Care DataWorks you can take a departmental approach that fits your budget, bringing specific areas online in stages. 5. Solves the challenge of not knowing where to begin. Many times, CIOs are faced with the daunting task of trying to find the magic bullet solution that will enable them to connect data from disparate source systems implemented in individual departments. Because the KnowledgeEdge EDW is built on a unified data model and provides dashboards, reports and applications though a web-based portal, it brings all your disparate data together for use by a variety of users across the organization. The EDW creates a single, trusted source of information that will enable the organization to do both retrospective data analysis and predictive analytics. Users will appreciate the portal for managing information, as well as the standard and ad-hoc reporting capabilities. An EDW will do more than enable your organization to enhance its business intelligence capabilities and gain deeper insights into its operations; it also will empower you to bring together the stakeholders to create buy-in for the project and investment. An EDW is a win-win for the CIO and the organization as a whole. About HCD Health Care DataWorks, Inc., a leading provider of business intelligence solutions, empowers healthcare organizations to improve their quality of care and reduce costs. Through its pioneering KnowledgeEdge™ product suite, including its enterprise data model, analytic dashboards, applications, and reports, Health Care DataWorks delivers an enterprise data arehouse necessary for hospitals and health systems to effectively and efficiently gain deeper insights into their operations. For more information, visit www.hcdataworks.com. Contact HCD 1.877.979.4239 www.hcdataworks.com 1801 Watermark Dr. Suite 250 Columbus, OH 43215 [email protected] HEALTHCARE RAPID READ hcdataworks.com | 1.877.979.4239 | 1801 Watermark Dr. Suite 250 Columbus, OH 43215 | [email protected]