HEALTHCARE

The New World of Healthcare Analytics

We live in a data-driven world, where you (ISVs & SaaS Providers) collect streams of numbers & data through numerous sources. Business Objects Integration & Analytics can transform this data into meaningful alerts, decision support and process improvements for your customers, which all have the potential to dramatically impact the success of your customers.
When analytics are applied effectively, you can let your customers to better coordinate decisions. You extract and present key clinical information and respond to an evolving situation in real time to your customers with your Product or Software where you can better utilize the resources, save more lives, contain costs, improve customers services and performance levels and even reduce their environmental impact.

Understanding the trends

Using analytics, your customers can go beyond analyzing the significance of their historical data. They can explore ‘what-if’ scenarios without causing inconvenience or driving up costs. They can test what might happen if certain situations occurred, without actually performing physical experiments. Analytics can be the key to allow your customers successfully manage their organization.
Constantly adding new features and functionality can be costly and time consuming – especially when it takes you into areas that may lie beyond your core competencies. Development efforts can tie up scarce development resources and even cause you to take your eye off your customers’ immediate needs. This is where we take care of all the analytical needs your software product may need to differentiate you. Capitalize on the increasing demand for business intelligence. With SAP's best-in-class functionality embedded right within your own applications, you'll always deliver the most trusted and accurate information. You'll also free up your development team to focus on its core competencies, reducing your development time and getting you to market more quickly.
These tools will vary depending on the data, the processes in place and the desired output. While some of these tools are becoming mainstream, making the best use of them for healthcare is difficult. They need to be sufficiently targeted to the specialized domains, up to date with the latest practices and standards, and furthermore they must support collaborative decision making.

Partners can empower their customers to monitor & manage KPIs:

Using analytics, your customers can go beyond analyzing the significance of their historical data. They can explore ‘what-if’ scenarios without causing inconvenience or driving up costs. They can test what might happen if certain situations occurred, without actually performing physical experiments. Analytics can be the key to allow your customers successfully manage their organization.
Constantly adding new features and functionality can be costly and time consuming – especially when it takes you into areas that may lie beyond your core competencies. Development efforts can tie up scarce development resources and even cause you to take your eye off your customers’ immediate needs. This is where we take care of all the analytical needs your software product may need to differentiate you. Capitalize on the increasing demand for business intelligence. With SAP's best-in-class functionality embedded right within your own applications, you'll always deliver the most trusted and accurate information. You'll also free up your development team to focus on its core competencies, reducing your development time and getting you to market more quickly.
These tools will vary depending on the data, the processes in place and the desired output. While some of these tools are becoming mainstream, making the best use of them for healthcare is difficult. They need to be sufficiently targeted to the specialized domains, up to date with the latest practices and standards, and furthermore they must support collaborative decision making.

1. Financial Analysis – Financial Analysis enables the health care business systems user to monitor underwriting requirements, and ensure accountability to executives, regulators and stakeholders. BI provides full transparency, slice and dice and drill through analysis, and a full picture of financial operational data, integrated from numerous enterprise systems and sources into a unified dashboard environment that is easy to understand and adapt for every business user
2. Quality Performance and Safety Analysis – Quality Performance and Safety Analysis facilitates compliance, security, privacy and safety information for healthcare procedures, tests, and pharmaceutical administration, before and after the patient procedure, test or drug administration. BI also ensures that the organization has full insight into continuous improvement, patient and staff satisfaction, quality metrics, patient access and privacy, records management, utilization and optimization, and best practices to improve the services and quality of processes, skills and delivery
3. Marketing Analysis – Marketing Analysis evaluates profitability in specific patient segments and measures marketing results to improve performance. Users can compare the most cost-effective marketing techniques and monitor campaign costs, calculate return on investment (ROI) for campaigns, and compare performance against goals.
4. Financial and Operational Performance Management – Financial and Operational Performance Management and Analysis enables financial performance and allows the organization to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Users can monitor the financial health of the organization and create and share reports to comply with government and industry regulations
5. Profitability Management – Profitability Management and Analysis helps users to evaluate risk trends and forecast profitability with dependable data.

Benefits for Partners

1. Allow Partner’s customers to perform summary and detailed claims analysis
2. Provide Partner’s customers with reporting and analyze clinical data
3. Let customers analyze patient care and consistency of quality and identify critical issues
4. Give a power to perform operational performance and cost analysis
5. Ability to provide full insight into resource and human capital management
6. Make customers improve business efficiency with workflow and process metrics and automation
7. Collect data from clinical, financial and administrative sources and empower customers for accurate decision-making