Each organisation has an enormous amount of data that can have an effective impact on its management-level decision-making. Similarly Healthcare organizations also have different sources of data, which can be used in managerial and clinical processes. It is quite challenging for healthcare organisations such as Hospitals to use the data to its full potential,  due to the huge volume of data & some of them are not organised properly.  This is where Data Science & Artificial Intelligence plays a crucial role. 

Finlytyx uses suitable AI and Data science  techniques, which will turn data into opportunity and present before you as analytical dashboards using the feature enriched application such as Microsoft Power BI . These purpose oriented dashboards have the capability  to identify the existing problems, analyse their root causes and also to improve the organisational performance. Power BI is the interactive data visualisation software from Microsoft. BI converts an unrelated source of data into coherent, visually immersive, and interactive insights. What we do is that we collect data from various information sources available in the organisation, combine them in a concise, comprehensive, and meaningful manner and present them before you in a Dashboard as key performance indicators which is an integral tool for visualising performance. BI Dashboards could give you an instant solution to your data needs, allowing you to convert a mass amount of information into actionable insights.

Clinical Dashboards are important for managers and hospital administrators to get visibility on how the specific department is handling its demands. It provides information about how well the clinic functions – from the number of current patients waiting to be seen, to the number of doctors, patient-to-clinician ratios, and staff work hours. From an overview, this dashboard is useful for establishing where specialised doctors are located across regions in relation to those patients who require their relative care. At a more daily level, this dashboard is useful for analysing individual employee performance, clinician communication, nursing units, prescriptions, revenues, costs, patient analytics, etc.

Finance Dashboard includes important Finance KPIs. A Profit & Loss dashboard helps a CFO recognise where costs can be cut so that profits can be maximised. Some of the KPIs tracked are: operating expense ratio, net profit margin and gross profit margin.This type of dashboard is often reviewed on a monthly and quarterly basis. Another mode of analytics which deals with visualising the  total and operating margins, insurance claims analytics, claim denial rate, treatment cost analytics, spend pattern & revenue generated department-wise, salaries, and other overhead expenses, as well as the overall performance of each department to improve the operations efficiency and quality care. 

Patient Dashboard provides a 360 view, of the patient’s medical records. It also provides the organisational performance indicators, where managers and decision-makers can monitor patient satisfaction levels, staff performance, and patient wait time. This dashboard captures the patient experience in terms of feedback or lead time to being served from the moment they register for an outpatient or inpatient visit. By analysing these results, the management will get a clear understanding about the strengths and weaknesses related to patient service as well as, how they could compare their performance with industry standards & benchmarks.

Doctors and Specialist Dashboard will provide resource managers & HODs to evaluate the clinical person’s individual performance and efficiency which will eventually lead to thoughtful decision-making to maximise daily efficiency and implement changes for long-term improvement. The dashboard can analyse the doctor roster and predict the overcrowding patient. This can give the front office a better opportunity to synchronise the patient bookings. 

The dashboards that we created for the Hospital industry have been done so with utmost care to protect the privacy information of the clients. These dashboards can assist all-size healthcare organisations in getting insights into single or multiple facilities, patients, departments, clinical records, revenue, etc. to be able to react and provide a good patient support system while helping grow the organisation.

You can choose to partner with Finlytyx AI Labs if you don’t have in-house data visualisation capabilities. We can assist you with your entire setup from planning ,designing to delivering a state of class data analytics that can digitally transform your business to the next level.

Feel free to write to us, for any questions about Data Analytics & BI implementation in the healthcare domain.

Author,

Ami Gazala, Data Scientist & Visualiser 
@ Finlytyx AI Labs Pvt Ltd.