Hrr cio-benefits

Healthcare Chief Information Officers
like you are charged with keeping their
hospitals and health systems operating
at peak efficiency from an information
technology standpoint.
A wide range of stakeholders expect you to manage
changes from inside and outside the organization and
the new responsibilities they create. Look no further
than the Patient Protection and Affordable Care Act
and the shift to pay-for-performance as examples.
Today, more C-suite leaders and other internal
stakeholders are asking for organization-wide
business intelligence – often on a daily basis – to
help them make more informed decisions to improve
quality of care, enhance patient satisfaction, achieve
savings, and grow revenue. For the CIO, that means
increased pressure to provide data analytics in a
manner that will give stakeholders a broader view
of operational, clinical, and financial information
when they want and need it.
While you probably have the vision to achieve the
goals in front of you, the reality is you’re likely facing
obstacles in bringing that vision to fruition. These
challenges might very well include the following:
• Finding ways to overcome calls for niche solutions
that meet single needs, such as an operating room
management solution or a computerized physician
order entry system. These disparate systems
require a great deal of support but cannot meet
the underlying need for enterprise-level reporting.
• Managing ever-changing regulatory compliance
requirements, including who has access
to which data.
• Managing other significant IT projects, such
as delivering an electronic medical records
system or achieving Meaningful Use.
• Overcoming lack of resources, both from a
budget standpoint and a people standpoint.
The answer to many of these challenges lies in the
implementation of an enterprise data warehouse
(EDW). For CIOs, an EDW can not only bring
value to the entire organization in terms of quality
improvements and cost savings, but also provide
a single source of the truth that can benefit all levels
of decision making, from the operating room to
the board room.
CIOs have a variety of options in implementing an
EDW, ranging from packaged solutions to services-
heavy offerings to the time-intensive task of building
an EDW in-house. The KnowledgeEdge™ EDW from
Health Care DataWorks is a powerful, flexible choice
that can help you meet your goals and overcome
daily challenges in five key ways:
1. Provides an organization-wide business
intelligence solution that meets the needs
of individual stakeholders. An EDW provides
a broader view of information by aggregating,
organizing, and analyzing data from the
administrative, financial, clinical, and research
functions. As a result, stakeholders, regardless
of their department or area of expertise, can
view information when and how they need it.
The KnowledgeEdge EDW offers an easy-to-
use portal that enables users to view standard
information, such as patient stays and clean
claim rates, or run their own queries for the
particular information they need.
2. Is fast and easy to implement, saving you
and your team valuable time and effort. The
KnowledgeEdge EDW can be a hosted solution, or
it can be implemented within your IT environment.
Either way, the EDW prevents you and your team
Five Ways a Healthcare CIO Benefits from an Enterprise Data Warehouse
HEALTHCARE RAPID READ

from having to build your own enterprise-wide
solution at a time when you’re likely busy with other
projects with pressing deadlines. Additionally, the
KnowledgeEdge EDW sits atop a robust unified
data model that can be implemented across every
department in less time than it would take for you
to build your own EDW.
3. Brings a rapid and measurable return on
investment. Because the KnowledgeEdge EDW
contains pre-built dashboards, reports, and
applications, once you’ve loaded your data into the
EDW, you gain immediate insight for quick ROI. In
fact, depending upon the size of your organization
and your situation, the KnowledgeEdge EDW can
often be up and running significantly faster than
if you built an EDW in-house.
4. Enables you to implement an enterprise-
wide solution in stages that fit your budget.
Budgets are tight, and the money allocated for
business intelligence solutions is often limited.
While the ultimate goal is to have a comprehensive
EDW in place organization-wide, with Health Care
DataWorks you can take a departmental approach
that fits your budget, bringing specific areas
online in stages.
5. Solves the challenge of not knowing
where to begin. Many times, CIOs are faced
with the daunting task of trying to find the
magic bullet solution that will enable them to
connect data from disparate source systems
implemented in individual departments. Because
the KnowledgeEdge EDW is built on a unified
data model and provides dashboards, reports
and applications though a web-based portal, it
brings all your disparate data together for use
by a variety of users across the organization.
The EDW creates a single, trusted source of
information that will enable the organization to
do both retrospective data analysis and predictive
analytics. Users will appreciate the portal for
managing information, as well as the standard
and ad-hoc reporting capabilities.
An EDW will do more than enable your organization
to enhance its business intelligence capabilities and
gain deeper insights into its operations; it also will
empower you to bring together the stakeholders to
create buy-in for the project and investment. An EDW is
a win-win for the CIO and the organization as a whole.
About HCD
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 arehouse
necessary for hospitals and health systems to
effectively and efficiently gain deeper insights
into their operations. For more information, visit
www.hcdataworks.com.
Contact HCD
1.877.979.4239
www.hcdataworks.com
1801 Watermark Dr. Suite 250
Columbus, OH 43215
info@hcdataworks.com
HEALTHCARE RAPID READ
hcdataworks.com | 1.877.979.4239 | 1801 Watermark Dr. Suite 250 Columbus, OH 43215 | info@hcdataworks.com

Hrr cio-benefits

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