SOURCE: Information Builders

Information Builders

January 12, 2015 09:25 ET

Information Builders Supports Strategic Analytics Needs of Healthcare Providers With Comprehensive Enterprise BI Solution

KLAS Report Recognizes BI and Analytics Provider for Innovation, Enterprise-Wide BI Use

NEW YORK, NY--(Marketwired - Jan 12, 2015) - Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, today announced that it was recognized as among the top four leaders in BI and analytics performance and deployment for healthcare providers in a new report by KLAS Research titled, "Healthcare Analytics Performance: The Data Deluge: Who Delivers Value?"

KLAS, a research firm specializing in monitoring and analyzing healthcare vendor performance, surveyed nearly 500 healthcare providers and rated eight BI and analytics vendors according to metrics that place the greatest value on the customer experience.

Healthcare organizations are grappling with data challenges as they deal with both new streams of data and uncertainty caused by integration, accountable care, and security and privacy, among other industry issues. The KLAS report studied vendors' capabilities in both broad-use BI and focused analytics to meet these challenges, and found that Information Builders had common to high enterprise use of its solution across multiple areas of the business. The company's WebFOCUS BI and analytics platform outpaced several major competitors in ease-of-use ratings, and some respondents also stated they value Information Builders' innovation in mobile BI and self-service BI to further enhance its solution stack.

The survey revealed Information Builders is among the leaders in facilitating clinical analytics, one of the most prominent areas of need for healthcare providers. KLAS mentions the company's Omni-Patient™ enterprise master data application suite as an example of a "big-bang approach" in which vendors are developing complete solutions for healthcare analytics with an emphasis on predictive analytics and data discovery capabilities. The need for data management in healthcare has drawn more providers to consider Information Builders' Omni-Patient product, according to the report.

Information Builders' Omni-Patient solution enables customers to facilitate full patient identity management and obtain a comprehensive view of key entities with a single record for each patient, provider, payer, workforce, and facility. In addition to Omni-Patient, the company has numerous solutions for the healthcare sector, including its Healthcare Regulatory Metrics (HRM), Healthcare Operations Metrics (HOM), and Healthcare Performance Analytics (HPA) offerings. The latter enables providers to integrate regulatory, business, and clinical metrics within the organization, transforming static reports into real-time data that can be used by all user groups to improve patient care and lower operating costs.

"Healthcare organizations are encountering an unprecedented level of change, and uncertainty is being brought on by things like meaningful use, accountable care, security and privacy, insurance reform, and so forth," writes Joe van de Graaff, research director at KLAS and the author of the report. "The list goes on, but successful organizations are increasingly using one element as a rudder to navigate these challenges: data. Most providers are inundated by data, if not drowning in it."

The report also states, "Customers of Information Builders see the solution stack as capable and broad, and usage varies from scheduled reporting to data mining, data integrity, and now some data warehousing as well."

"Information Builders recognizes the complexity of implementing BI and analytics in healthcare and has invested in solutions that are not only intuitive and effective for end-users, but also support business objectives," said Gerald Cohen, president and CEO of Information Builders. "We believe our strong positioning in this KLAS report is reflective of our vision to bring a 'single version of the truth' to healthcare organizations to allow them to integrate data across every area of the business and bring greater insights that impact decision making at all levels."

Access the "Healthcare Analytics Performance: The Data Deluge: Who Delivers Value?" report by KLAS Research today.

About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at https://twitter.com/KLASresearch.

About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.