Healthcare Solutions
MicroStrategy Solutions for Healthcare Briefing
Business Intelligence and Healthcare White PaperSign Up for a Live Online Seminar:
More Resources
- Healthcare Customers List
- Press Release: Premier, Inc. Expands Deployment
- Press Release: Hawaii Medical Service Association
- Press Release: The Advisory Board Company
- Press Release: Centers for Medicare and Medicaid Services
- Press Release: CIHI
- Press Release: Consortium Health Plans
- Press Release: European Medicines Agency
- Press Release: HealthCare Partners Medical Group
- Press Release: Henry Schein
- Press Release: Manor Care
- Press Release: Patterson Dental
Healthcare companies use Business Intelligence software to increase profitability through improved claims analysis and enhanced financial reporting, while improving the level and variety of services delivered to patients.
Eight of the top ten global Healthcare companies and other leading companies in the Healthcare sector rely on the MicroStrategy BI platform to make more effective decisions, especially in the following business areas:
Service & Care Analysis
» Identify unnecessary or under-utilized services through analysis of current care practice patterns, patient treatment histories, and patient resolution trends
» Monitor the quality of care and service in line with the Health Plan Employer Data and Information Set (HEDIS) standards through comparisons of data histories of patient access, patient satisfaction, utilization, and financials
» Improve resource planning and scheduling through analysis of patient demographics and histories of healthcare use and drug use to determine the likelihood of increased resource consumption
Claims Analysis
» Improve risk analysis and loss reservation by reviewing the insurance network as a whole, detecting anomalies tied to errors or fraudulent claims
» Identify deliberate deceit by providers seeking payment for services not actually rendered or by beneficiaries claiming program eligibility
Operations & Financial Analysis
» Improve the efficiency of statutory reporting and ensure accountability from financial analysts to business unit management, executives, and directors through easier access to aggregated data and formatted reports
» Increase the amount of collections and improve forecasts by identifying delinquent payers and managed care providers more quickly and proactively
» Improve operations and cost efficiencies through identification of unusual costs, selection of best practices of the most profitable business units, and implementation of improved utilization patterns
Sales & Marketing Analysis
» Determine the most cost-effective marketing techniques by tracking campaign costs against budget, calculating the return on investment for campaigns, and comparing performance against goals
» More effectively prove which products and services are profitable in specific patient segments and measure how marketing efforts and corporate communications alter brand perception and performance
Customer Quotes
"CIHI conducted an extensive review of business intelligence tools and found that MicroStrategy met all of our technical requirements, including an integrated environment for our users. MicroStrategy's unified platform will enable us to seamlessly meet the needs of both our internal and external audiences, as well as reduce maintenance and administrative costs." – Scott Murray, Chief Technology Officer, Canandian Institute of Health Information
"MicroStrategy enables us to deliver tools that can provide our health care customers a cost savings that, in some cases, is equal or better than their current bottom lines. As health care costs continue to skyrocket, being able to provide that kind of service gives us an invaluable competitive advantage in the market." – George Barlow, Senior Vice President, Healthcare Information Technology, ProVantage