Another leading health care system has turned to Health Care DataWorks for the healthcare analytics it needs to make more informed decisions.
Columbus, OH (October 11, 2012) – Health Care DataWorks, Inc. (HCD) is entering into a multi-year agreement with OhioHealth to provide its KnowledgeEdge™ Enterprise Data Warehouse to broaden the health system’s access to analytics in a manner that will improve quality while reducing costs.
Organization-wide data will be aggregated in the Enterprise Data Warehouse (EDW) to give OhioHealth seamless and near real-time access to information across multiple operational systems, including financial, administrative, clinical and research. This end-to-end user analysis capability provides an increased level of business intelligence. Additionally, HCD will provide its Value-based Purchasing application to help preserve or potentially secure additional Medicare reimbursements.
The EDW is particularly beneficial in the new paradigm of health care, where the pay-for-results approach is replacing the fee-for-service model. Because the EDW will provide end users with numerous ad hoc capabilities for procuring information, OhioHealth will be able to incorporate predictive analysis into decision making.
“Today’s evolving healthcare environment has placed a premium on system-wide analytics capabilities,” said Michael Krouse, Senior Vice President and Chief Information Officer for OhioHealth. “Our team is looking forward to a strong partnership with HCD that will enable us to fast track the EDW implementation and achieve a higher level of healthcare analytics that to this point has been largely prohibitive.”
KnowledgeEdge Enterprise will deliver an Enterprise Data Warehouse in a fraction of the time it would take OhioHealth to build its own, the result of HCD providing all the software, hardware and support, including the underlying data model, pre-built dashboards and pre-built reports. HCD also will host the EDW for OhioHealth.
“Our relationship with OhioHealth is a testament to the value we bring to healthcare organizations seeking to leverage information for timely and informed decision making,” said Detlev H. (Herb) Smaltz, Health Care DataWorks CEO. “When you aggregate and organize the tremendous amount of data that is created from disparate data-producing systems, you achieve a higher level of business intelligence that puts you in a stronger position to manage the balance between improving quality and reducing costs.”
About Health Care DataWorks, Inc.
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 Warehouse necessary for hospitals and health systems to effectively and efficiently gain deeper insights into their operations. For more information, visit www.hcdataworks.com.
OhioHealth is a nationally recognized, not-for-profit, charitable, healthcare organization serving and supported by the community. OhioHealth has also been recognized by FORTUNE Magazine as one of the “100 Best Companies to Work For” six years in a row, 2007-2012.
Based in Columbus, Ohio, it is a family of 21,000 associates, physicians and volunteers, 17 hospitals, 21 health and surgery centers, home-health providers, medical equipment and health service suppliers throughout a 40-county area. OhioHealth member hospitals include Riverside Methodist Hospital, Grant Medical Center, Doctors Hospital-Columbus, Grady Memorial Hospital, Dublin Methodist Hospital, Doctors Hospital-Nelsonville, Hardin Memorial Hospital and Marion General Hospital. For more information, please visit our website at www.ohiohealth.com.