News

How Integrated Reports Empower Hospitals’ Unheralded Heroes: Cost Accountants

Cost Accountants

Despite their vital contributions, cost accountants struggle mightily to get the basic data they need to do their jobs. For example, consider a cost accountant who is mandated to gather, classify, analyze, summarize, and allocate costs associated with the organization.

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The 3 A’s of Meaningful Operational Reports: Available, Accessible and Actionable

Meaningful Operational Reports

Mark Twain once said that the difference between the right word and the almost right word “’tis the difference between lightening and the lightening bug.” Well, if Mr. Twain was a 21st century Medical Director instead of a 19th century writer, humorist, entrepreneur, publisher and lecturer (plus legend has it that he loved cats), in making his point he might have swapped lightening and lightening bugs for a different tandem: meaningful operational reports and misleading hospital reports.

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5 Key Elements of Automation in Healthcare Reporting

Elements of Automation

Automation is one of those concepts that can mean different things to different organizations — and quite often, to different people in the same organization!

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On the Road to ACO: How Hospitals Can Mine Nuggets from Mountains of Claims Data

For the accountable care model to achieve its potential and purpose, hospitals need visibility beyond their walls to understand where and when patients are seeking health services, and how that access ultimately affects the bottom-line. However, many hospital executives would admit that that their organization’s road to accountable care has been bumpy rather than uplifting.

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“Ding Dong the Backlog is Dead!”: How Hospitals Can (Finally) Achieve Reporting Maturity

Hospital Reporting Maturity

Maturity models have been a part of hospital environments for decades, such as those that aim to drive continuous improvement in process management, continuity of care, organizational design and learning, governance, risk management, compliance, and so on. However, an area that has not traditionally been part of the maturity model conversation — but needs to be part of the focus on today’s complex, rapidly-changing and resource-challenged healthcare landscape — is reporting.

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How Context Transforms Raw Healthcare Data into Actionable Business Intelligence

Putting Healthcare Data in Context

Hospitals that generate information from their various systems and obtain it from third parties (e.g. post-acute care organizations), must recognize that data on its own has no context. It is raw material that can lead to faster and smarter decisions. But this only happens when hospitals know what questions to ask of the massive amount of data in their ecosystem — i.e. when they supply the right context — so that information can translate into intelligence.

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Hospitals: How to Stop Getting “Dinged” by Enterprise Reporting Consultants

Enterprise Reporting Consultants

As consumers, we all have experienced the frustration of getting financially “dinged” by various businesses. For example, banks and wireless companies are notorious for tacking on nebulous service charges. And since we do not want to send blood pressure levels surging, we will not explore the wild and weird world of airline carrier fees. Yet, as maddening as these surprise costs are, in terms of bottom-line dollar amounts they pale by comparison to what some vendors get away with in the B2B space. And unfortunately for hospitals, enterprise reporting consultants can be among the biggest culprits.

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Lessons from MacGyver: Bent Paper Clips and Chocolate Do Not Solve Healthcare Reporting Problems

Shining a spotlight on MacGyver is not just an opportunity to take a sentimental journey down memory lane. It is to point out — with jarring, blatant, cheesy, in-your-face 1980’s-style bigness — that ordinary mortals need legitimate tools to achieve their professional objectives. Unless one is MacGyver, bent paper clips and chocolate do not get the job done.

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Polaris Strategic Solutions Launches Partnership with Innovative Consulting Group

MALVERN, PA — September 25, 2018 — Healthcare reporting firm Polaris Strategic Solutions announced today that it has entered into a sales partnership with healthcare IT consulting firm Innovative Consulting Group (ICG).

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The 4 Characteristics of True Healthcare Enterprise-Wide Reporting

While each hospital has a unique culture, vision and community footprint, there is one thing that all hospital executives have in common: on today’s relentlessly fast-paced and constantly-changing healthcare landscape, they are ceaselessly bombarded with messaging about analytics, business intelligence and big data. And to make things even more challenging, executives are also constantly at-risk of being “unable to see the forest for the trees” due to obstacles such as silos that disconnect departments, spreadsheets that do not synchronize, and growing workloads that must be properly handled by fewer people.

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