NEW YORK, NY and NEW ORLEANS, LA--(Marketwire - Mar 4, 2013) - Today at HIMSS Annual Conference and Exhibition Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, announced the launch of its Healthcare Regulatory Metrics (HRM) solution. HRM enables healthcare organizations to integrate regulatory reporting metrics within the business to monitor, improve, and streamline operations.
Today's healthcare organizations collect numerous data sets to comply with the stringent metrics that the Centers for Medicare and Medicaid (CMS) uses to screen providers and practices. Information Builders' HRM allows companies to implement these same metrics within the enterprise, transforming the data from static reports into real-time insights that can be consumed and analyzed by all user groups. The solution offers a portfolio of metrics, with full definitions and audit documentation, to provide a single point of access for all reports, dashboards, and analytics. As a result, providers and practices can more readily meet thresholds for the Meaningful Use (MU), Physician Quality Reporting System (PQRS), and Accountable Care Organization (ACO) objectives by drilling down into individual metrics within these areas. HRM leverages Information Builders' existing business intelligence technologies, such as WebFOCUS, its comprehensive BI platform, as well as its integration and integrity technologies -- in particular Omni-Patient™, its healthcare-specific enterprise master data application -- while also providing open methods and tools for acquiring required raw data from various sources.
With HRM, organizations can access and analyze regulatory data on a daily basis and make these metrics part of the larger strategy system. The solution also delivers the versatility and scalability necessary to accommodate new regulatory guidelines and metrics, and meet evolving industry performance requirements. Additional key features of HRM include:
- A data extraction utility designed to rapidly capture source data required for regulatory agency reporting
- Pre-defined patient population groupings, which allow customers to easily add metrics
- Pre-built dashboard templates that accelerate time to market and value
- Pre-packaged reporting content such as charts, gadgets, and widgets
HRM is just the latest in Information Builders' numerous solutions for the healthcare sector; among the organizations using its technology are Memorial Health System and Henry Ford Health System.
"While healthcare providers collect a wealth of information for government submission, historically they've lacked the ability to analyze this data from an operational perspective," said Gerald Cohen, president and CEO of Information Builders. "Information Builders' HRM provides that functionality, giving organizations the ability to make better use of existing information and providing a richer context for business decisions. As the healthcare industry continues to evolve, we look forward to helping more organizations better manage their information."
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.