PNC Healthcare has enhanced its suite of healthcare products and services with the inclusion of business intelligence and data analytics. Precision.BI, an exclusive analytics engine from Origin Healthcare Solutions, has been used to run the latest web-based solution from PNC. The company’s protected web-based banking platform will be also used to distribute the solution, which meets the specific requirements of its healthcare customers.
In a release, George Kerestly, Senior Vice President at PNC Healthcare, said, "We are closely aligned with the healthcare industry and have clearly heard the challenges. With the increasing pressure to deliver quality healthcare at a lower cost, decision makers are challenged, often because the vital information they need is spread out across multiple systems. With the business intelligence product in a hosted capacity, it made sense for us to seek out a leader in business intelligence to offer our healthcare customers this solution."
Financial data from different legacy platforms and across several hospital systems can be collected with this analytic tool. The data can be beneficially used for managing supply chain, revenues, finances and quality of patients. Operational efficiencies can be identified with the reports produced from the combined data. Healthcare clients can also improve their handling of revenues using these reports, thereby driving fiscal performance.
A variety of integrated solutions have been offered by PNC to healthcare providers and insurers for more than two decades. For the first time, a healthcare business intelligence service in a hosted environment has been offered by PNC.
Jeff Kvam, Chief Executive Officer of Origin, said, "Accessing and integrating financial and clinical data is critical to operating in today's complex healthcare environment, and our Precision.BI solution provides insight that will shape the future of healthcare. Our expertise in leveraging data analytics to optimize financial performance is a perfect complement to PNC Healthcare's suite of products."
Carolyn John is a Contributor to HealthTechZone. To read more of her articles, please columnist page.Edited by
Rich Steeves