1. As Chief Medical Officer, you face
growing challenges fueled by an evolving
regulatory climate, coupled with demands
within your own organization to improve
quality of care and manage to a lengthy
list of metrics.
You oversee the clinical aspects of Value-based
Purchasing to help your healthcare organization
earn back withheld Medicare reimbursements
and also focus on medical affairs, resource
utilization, quality assurance, and patient safety.
Whether you’re monitoring productivity indicators
or managing to benchmarks, access to data
analytics is critical to your success.
The type of data that typically gains your attention
falls within the clinical and administrative functions,
such as turnover rates, absenteeism, and patient,
physician, and staff satisfaction surveys. Therefore,
it is common for CMOs to have a singular focus when
gathering and extracting data, gravitating to the
clinical aspects and relying on solutions such as:
• Clinical data warehouse, where only
clinical data is aggregated.
• Electronic medical records (EMR) with
analytics, which usually does not allow
for reporting or analytics outside the
connected system.
• Manual data collection and analysis,
a time-intensive process involving
business analysts to develop reports
by culling Excel spreadsheets and
other documents.
While each of these tools can provide a worthwhile
clinical snapshot, exposure to a much broader
view of organizational information – “business
intelligence” – can empower you to become more
effective on a daily basis in leading the strategic
planning, execution, and implementation of care
management programs. Business intelligence in
the form of advanced analytics from across the
organization contributes to more informed and
timely decision making.
Advanced analytics are achievable with an enterprise
data warehouse (EDW). While there are a variety
of options available to implement an EDW, the
KnowledgeEdge™ EDW from Health Care DataWorks
is a powerful, flexible choice that can help you in
five key ways:
1. Allows easy access to organization-wide
business intelligence when you need it.
The KnowledgeEdge EDW provides an expanded
view of what is occurring across the organization
by aggregating, organizing, and analyzing data
from the clinical, administrative, financial, and
research functions. An easy-to-use portal enables
you to access that information whenever you need
it. You can view standard information, such as
patient satisfaction, length of stay, readmissions,
and hospital-caused infections, or run your own
queries to establish trends or make decisions.
2. Arms you with timely and accurate
information from your laptop or desktop.
The KnowledgeEdge EDW creates a single,
trusted source of information and provides
the foundation for retrospective data analysis
and predictive analytics. Through the portal,
you can access information in nearly real time
Five Ways a Healthcare CMO Benefits from an Enterprise Data Warehouse
HEALTHCARE RAPID READ

2. to gain valuable insights into metrics such
as mortality causes, clinical outcomes, and
productivity by individual physicians.
3. Enables you to improve your most important
metrics. The KnowledgeEdge EDW contains
pre-built reports, dashboards, and applications to
monitor a host of metrics, such as discharges by
noon and other cost-versus-outcome measures.
The Value-Based Purchasing application enables
you to run “what-if” scenarios to identify specific
metrics that can be improved. You’re no longer
limited by what an EMR or point solution can
deliver for you.
4. Saves you and your team valuable time and
effort. At a moment’s notice, the KnowledgeEdge
EDW provides you and other designated users
with access to actionable information through
an easy-to-use portal. As a result, you and your
teams can focus on answering questions through
analyzing information rather than spending
valuable time and resources tracking down data.
5. Brings a rapid return on investment.
The KnowledgeEdge EDW includes pre-built
dashboards and other accelerators that speed
implementation for quicker ROI. Additionally,
if budgets are tight but you have money to
invest in business intelligence, you can even
implement the EDW in a departmental approach,
bringing your area online first, followed by
other departments in stages.
The KnowledgeEdge EDW is an enterprise-wide
solution that enhances business intelligence
capabilities and enables you to gain deeper insights
into operations. It empowers you and the entire
organization to make more informed and timely
decisions from the operating room to the board room.
About HCD
Health Care DataWorks, Inc., a leading provider
of business intelligence solutions, empowers
healthcare organizations to improve their
quality of care and reduce costs. Through its
pioneering KnowledgeEdge™ product suite,
including its enterprise data model, analytic
dashboards, applications, and reports, Health
Care DataWorks delivers an enterprise data
warehouse necessary for hospitals and health
systems to effectively and efficiently gain
deeper insights into their operations. For more
information, visit www.hcdataworks.com.
Contact HCD
1.877.979.4239
www.hcdataworks.com
1801 Watermark Dr. Suite 250
Columbus, OH 43215
info@hcdataworks.com
HEALTHCARE RAPID READ
hcdataworks.com | 1.877.979.4239 | 1801 Watermark Dr. Suite 250 Columbus, OH 43215 | info@hcdataworks.com