Implementing Data-Driven Solutions to Optimize Healthcare Cost Management

The demand for healthcare systems to optimize service delivery and enhance efficiency continues to rise. Temple University Health System (Temple Health) recognized the need for a new healthcare cost management system to eliminate cost discrepancies in its budget while maintaining a high level of care. Utilizing the Health Catalyst PowerCosting™ and Pop Analyzer™ applications, Temple Health was able to produce a comprehensive analysis of its organization’s costs.

Analytics Improves Magnet® Data Submission Efficiency and Insights

The American Nurses Credentialing Center’s (ANCC) Magnet Recognition Program® honors healthcare organizations that demonstrate strong nursing leadership and a commitment to advancing organizational performance and patient care. Nursing leadership at Carle Health found its Magnet® data submission process inefficient, requiring hundreds of hours of manually aggregating data and measuring performance. By leveraging its data platform and analytics applications, Carle Health streamlined its data collection and visualization processes, simplifying Magnet® submission and successfully showcasing nursing quality.

Improving Surgical Outcomes: Optimizing Patient Care with High-Quality Surgical Analytics

In the U.S., surgical procedures contribute significantly to healthcare spending, costing billions annually. Orlando Health, a nationally recognized health system comprised of specialty and community hospitals, sought to decrease costs, accelerate patient recovery, and improve surgical outcomes. However, limited access to data impeded improvement efforts. By utilizing the Health Catalyst® Data Platform and Surgery Department analytics accelerator, Orlando Health was able to identify opportunities for improvement and lower costs.

Improved Labor Cost Management Saves $30M and Boosts Employee Retention

National healthcare labor costs have increased considerably in recent years, accounting for a significant portion of hospital budgets. INTEGRIS Health faced challenges managing its labor costs due to limited actionable data. By leveraging its data platform and analytics tools, the organization gained insights into labor expenses, hospital hours, and pay metrics. This allowed finance and operational leaders to identify cost drivers and opportunities for improvement, enabling INTEGRIS Health to manage labor costs while maintaining high-quality patient care effectively.

Healthcare Cost Management: Broad Organizational Engagement and Activity-Based Costing Drive $4.3M in Improvements

Since 2017, hospital margins have continuously declined, indicating the ongoing financial challenges healthcare systems face. Despite implementing several effective cost management initiatives, this health system recognized the need for actionable insights to improve its healthcare cost management processes. Using solutions from Health Catalyst, the organization developed and implemented a comprehensive approach to healthcare cost management across its system, empowering its staff and enhancing the delivery of high-quality care.

Tech-Enabled Managed Services Improves Analytics Capabilities and Decreases Costs

Carle Health was changing how it used data and analytics to support organizational decisions and improve patient outcomes, but with this increased demand for analytics came increased costs. The organization needed a better solution to meet demand effectively. By strengthening its partnership with Health Catalyst and expanding to an all-access technology subscription plus Tech-Enabled Managed Services, Carle Health was able to improve organizational performance and patient outcomes.