5 benefits of analytics for ambulatory and outpatient facilities

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1) Staffing -¬

The metrics that are provided by the analytics will help the managers to analyze the labor costs in a much easy way. Employing these metrics, managers can arrange schedules for maximum productivity and reduce unnecessary expenses such as overtime

2) Forecasting -

The analytics metrics accurately forecast the demand for critical medication and supplies and ensures correct ordering the drug and devices

3) Finances -

 Identifying patterns in profit margins can be challenging without metrics. A data analysis system can support administrators see where money is moving in and where it is escaping. Thus make a smarter contracting decisions.

4) Procedure Time –¬†

Unstructured data is a major hurdle in healthcare scheduling and planning. It is very hard for administrators to identify severe or persistent problems that are no good for business. With
The data analysis system the managers can create visuals for more accurate scheduling

5) Real-time performance measure -

For better understanding and improving day to day activities doctors and nurses also require access to Current data. By looking at dashboards they can easily map their department performance

Read full story: http://www.govhealthit.com/blog/5-benefits-analytics-ambulatory-and-outpatient-facilities

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