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HealthCatalyst Recommends
Leslie Falk

Introducing the Health Catalyst® CORUS Suite: Activity-Based Costing and Cost Insights

Outdated technology and antiquated costing methodologies have left health system CFOs unable to see the true cost of the services they provide and impacts on patient outcomes. The move from fee-for-service to value-based contracts, however, means that CFOs need this information more than ever. Health Catalyst® has partnered with industry-leading health systems to develop a next-generation costing system: the CORUS Suite. Two integrated products comprise the suite:

  • Activity-Based Costing delivers accurate and actionable data from across the continuum of care in a scalable and maintainable tool.
  • Cost Insights analyzes and delivers early insights through a customizable dashboard powered by embedded logic and access to the most granular level of activity and costing data.

CORUS leverages Health Catalyst’s analytics platform and best-of-breed activity-based costing models to help users manage the true cost of care.

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Leslie Falk

Learn from the Best in Healthcare Data Visualization at Health Catalyst University During HAS 2017

Too often, the hard work of collecting and transforming data into meaningful insights is betrayed by a critical step in the journey: the visualization. Data visualizations should always make data easily consumable and digestible and accelerate outcomes improvement. This is where the Health Catalyst University Visualization Track comes into play. It’s one of four tracks available leading up to the 2017 Healthcare Analytics Summit.

Class attendees will learn how to:

  1. Describe why visualization is important
  2. Recognize commonly accepted presentation rules
  3. Identify weakness in existing visualizations
  4. Execute the critical steps for effective chart creation

This article provides a sneak peek into details of this workshop and the team who will be leading it.

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Dan Unger Bobbi Brown

Introducing The Next-Generation Cost Management Suite To Help Hospitals Thrive Amid Unprecedented Market Disruption

Learn how CORUS is enabling these significant improvements:

  1. Integration of EHR data, including patient-level clinical and operational data, as well as departmental and equipment resource-utilization data, delivering the first truly comprehensive view of the true cost of patient care
  2. Manufacturing-style activity-based costing that is scalable and maintainable, freeing analysts to focus on identifying variation and cost-saving opportunities
  3. Embedded costing knowledge including best practices, rules, and algorithms from world-renowned academic healthcare institutions, accelerating cost management transformation
  4. Dramatically more timely and actionable cost data based on an analytics platform that supports over 160 source systems including EHR, claims, General Ledger, payroll, supply chain, and patient satisfaction systems
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Health Catalyst

Improving the Transparency of Physician Compensation in Value-Based Care

Healthcare reimbursement continues to shift away from fee-for-service reimbursement models to value-based, risk-sharing agreements. This shift has resulted in organizations revising compensation strategies to engage physicians in value-based compensation arrangements. An effective value-based physician compensation plan is critically important, particularly in competitive environments where organizations must optimize the ability to recruit and retain highly skilled providers. One commonly used physician compensation approach includes a base salary and productivity incentives, coupled with additional compensation opportunities for achieving quality and service goals. The physician compensation package at John Muir Health is not only competitive, it is also complex, but the support process was burdensome, inefficient, and lacked transparency.

John Muir Health developed a plan to leverage the Health Catalyst® Analytics Platform, including the Late-Binding™ Data Warehouse and broad suite of analytics applications, to develop an automated process for physician compensation. The plan created efficiencies in time and effort across multiple domains and produced software to automate future work. The benefits included:

  • Saving 1,560 hours of time required to produce the data necessary to calculate physician compensation.
  • Successfully integrating more than ten different compensation models and 20 different data elements for more than 300 different providers into the physician compensation analytic application, automating the process.
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Health Catalyst

How Allina Engaged Clinicians and Analytics to Improve Influenza Vaccination Rate

Influenza, a contagious respiratory illness spread by droplets, can lead to hospitalization and even death. Millions of people get influenza each year, hundreds of thousands are hospitalized, and thousands to tens of thousands die from influenza related causes each year. The key to preventing a devastating outbreak is vaccinating enough people that an outbreak is unlikely.

When Allina Health identified that its own rates for influenza vaccination were lower than desired, the health system studied data gleaned from its EHR and an Analytics Platform from Health Catalyst, which includes a Late-Binding™ Enterprise Data Warehouse and broad suite of analytics applications, to understand its true current vaccination performance. The data revealed that changes were in order, which Allina put in place through clinician feedback, engagement, and education.

Results:

  • 4.8 percentage point improvement in influenza vaccination rate, exceeding the Healthy People 2020 goals for vaccination.
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