Software facilitates BI and analytics for healthcare.
Press Release Summary:
To optimize healthcare organizations' process efficiency and performance management, PDS PRISM offers tool suite for data warehousing, BI, analytics, and dashboard/scorecard reporting. Metrics for measuring provider access, denial management, and down-stream revenue generation are complimented by features such as PRISM REFLECTION data capture tool, which makes dashboards interactive by capturing data inputs and automating compilation of multi-dimensional dashboarding.
Original Press Release:
PDS Announces PRISM Business Intelligence and Analytics for Healthcare Organizations
MYSTIC, Conn., Oct. 14 -- Practical Data Solutions (PDS), the industry leader in healthcare analytics and reporting, announced the launch and general availability of PDS PRISM, a suite of software tools for data warehousing, business intelligence, analytics, and dashboard/scorecard reporting.
"The advanced functionality from this new suite of tools builds upon our proven success and best practice approach to analytic and reporting solutions deployed across a user-base of roughly 100 PDS clients," says Russell J. Hendrickson, President of PDS. "With PDS PRISM, our customers have the next-generation application suite of integrated analytics and dashboarding to optimize process efficiency and revolutionize performance management of healthcare organizations."
In addition to enhanced metrics for measuring provider access, advanced denial management, and down-stream revenue generation, PDS PRISM delivers several distinctive new features, including the unique and highly flexible data capture tool -- "PRISM REFLECTION." This new module makes dashboards interactive by capturing external data inputs and automating the compilation of multi-dimensional dashboarding of KPI's and dynamic benchmarking.
PDS PRISM also delivers an unparalleled series of "Revenue Opportunity" dashboards that quantify key areas of financial opportunity by measuring the value of applied analytics and business intelligence, and the financial implications projected forward. Additionally, the PRISM suite offers customers the ability to analyze and quantify existing and proposed payer contracts for negations and impact analysis.
PDS has a proven history working with health systems, academic group practices, and large medical groups. Johns Hopkins University and UT Medical Group, an affiliate of the University of Tennessee, have both recently started migrating to the PDS PRISM suite of software tools.
"PDS continues to exceed our expectations with leading-edge analytic technologies that permit us to deliver best practice key metrics reporting and dashboards for different users across our organization," says Heidi Johnson, Manager of Data Warehousing at UT Medical Group. "We are already seeing significant organizational benefit from the new suite of tools delivered with PDS PRISM."
About PDS
Serving the healthcare industry for over a decade, PDS offers a wide array of products and services based on analytics, decision support, data warehousing, and reporting. PDS clients include academic group practices, health systems, and medical clinics. For additional information, please visit www.pds-online.com
CONTACT: Richard Bateman of Practical Data Solutions, +1-203-262-9224, info@pds-online.com
