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News Release

Healthcare Insights Launches New Business Intelligence Tool

Healthcare institutions can now use the INSIGHTS® solution to access, analyze, share, and act on the right business information

 

Salt Lake City, Utah, August 16, 2010 — Today, Healthcare Insights LLC (HCI), the leading provider of financial management software for the healthcare industry, announced the launch of INSIGHTS Enterprise Business Intelligence (EBI). The new add-on allows healthcare providers easier access to the key business information they need to develop, clarify, set, and communicate realistic strategic and "stretch" goals and link them to actual performance. With powerful features like interactive dashboards and scorecards, hospital executives can be more responsive and collaborative and quickly act on information to address specific needs.

 

The features of INSIGHTS EBI are both powerful and easy to use. Healthcare organizations can use its comprehensive reporting, drill-down, and analysis features just as they are to easily slice and dice data, or quickly create secure and easy-to-use custom solutions for specific business needs.

 

The customized user interface— built on the Microsoft SharePoint platform—is familiar, so users intuitively know how to access the key information they need to perform root cause analyses, examine core data, and be more effective, proactive, and productive. Business intelligence can be displayed graphically, distributed via shared websites, and published in robust ways beyond just the traditional tabular format. In addition, an entire team can access and analyze the same data and rest assured that everyone has the right information.

 

With INSIGHTS EBI, hospital leaders also get a precise, at-a-glance snapshot of how the organization is doing with regard to the performance indicators identified as most critical and important by its leadership. It displays data in real-time on interactive, user-defined executive dashboards and balanced scorecards—with the ability to drill-down to detail on a variety of performance metrics. Hospitals can benchmark performance compared to similar healthcare facilities, as well as trend and track how divisions and departments are performing against internal goals for everything from financial stewardship to patient service and satisfaction.

 

According to HCI Chief Software Architect Mary Grace Wilkus, a former healthcare financial management consultant and senior financial officer for several healthcare organizations, "One reason hospitals and healthcare facilities choose Enterprise BI is that it works seamlessly with legacy systems currently in use, including Microsoft Office, Meditech, Lawson, Microsoft Dynamics, Siemens, ADP, Kronos, and many more. Everyone can find the right business information—regardless of who created it, what format it's in, or where it lives—and make better, data-driven, and strategic business decisions."

 

For additional information about Healthcare Insights and the customizable INSIGHTS product, visit the company's website at www.hcillc.com.

 

About Healthcare Insights LLC

Healthcare Insights LLC provides intelligent decision support and management accountability software for the healthcare industry, as well as educational training and business application consulting services. The company's proprietary technology, INSIGHTS, allows small to large healthcare organizations to easily define, establish and monitor financial and non-financial goals. Corporate headquarters are located in Libertyville, Illinois. Healthcare Insights is accessible via the Internet at www.hcillc.com.

 

For Additional Information:

Thomas Johnston

Healthcare Insights LLC

Tel: 847-924-0122

Fax: 847-295-5213

tjohnston@hcillc.com