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Increasing Profitability in
Healthcare Through
Corporate Memory Management
Gary L. Melling, President & CEO
1
© Corporate IQ & Partners, 2017
What Keeps Healthcare Executives Up at Night?
Asset and Capacity Utilization …The Transition to Value-Based Care
Operations:
• Total income
• Total discharge
• Total liabilities
• Total margin
• Total operating expenses
• Average length of stay (ALOS)
• Capital expenditure growth rate
• Contract negotiation schedule
Comparative Analytics for Locations / Divisions
New Staff Time to Competence, Engagement, and Performance
2
• Emergency visits outpatient
• Errors related to procedure/treatment /test
• Expenses per physician FTE
• FTE per occupied bed
• Mean wait time in emergency department (ED) for
hospital bed
• Medication errors, number of errors per 1,000
treatments
Staff Retention and Patient Care Satisfaction
© Corporate IQ & Partners, 2017
What We Deliver…
FOR EFFICIENCY:
• Increase Operating Efficiencies by 20%
• Reduce Costs by 30%
• Reduce Fraud by 30%
• Reduce Staff Turnover by 20%
FOR QUALITY OF CARE:
• Robo Medical Assistant (suggest best test, treatment and
procedures to optimize successful outcomes and quality of
care, based on symptoms, patient profile, medical history and
diagnosis); Thus increasing quality of care and medical
procedures outcome by 5-10%
PREDICT VOLUMES BY SEGMENTS:
• Emergency, Inpatient, Outpatient, ER, Cash-on-Hand,
Revenue, Usage of Key Medical Items, Quality Ratio, Staff
Overtime, Admissions and Readmissions Volumes
3
Through Corporate Memory Management, CIQ Can Deliver The
Following Accurate & Reliable Insights to Predictive Profit & Loss in
the Healthcare Industry:
© Corporate IQ & Partners, 2017
What We Deliver…
FOR EFFICIENCY & ACCURACY:
• Experienced at Underwriting - Influence and Control the
Outcomes
• Automated Underwriting Knowledge Base from the Medical
Profession
FOR ARTIFICIAL INTELLIGENCE MEDICAL ASSIST:
• Through Analysis and Comparing Leading Medical Practices,
Doctors Can Improve the Consistency of Service between
New and Experienced Physicians
• Better Outcomes: Reduce # of Tests, Prescribe Correct Tests
& Sequence of Tests
COST MANAGEMENT OPTIMIZATION:
• Overtime, Efficiency, Scheduling
CFO Performance in Healthcare Moving from Pure Financial KPI’s to
Value-Based, QUALITY KPI’s
4
© Corporate IQ & Partners, 2017
We have brought together 4 companies, each with
their own specialty and referenceable clients…
Scalable, Interactive &
Intuitive iOS and Android
Mobile Apps
10 Years; 15 Employees
Business Architecture,
Strategic Talent Acquisition,
Workforce Optimization;
Cloud-enabled 12 Years;
30 Employees
Artificial Intelligence,
Deep Learning,
Predictive Analytics 20 Years;
250 Employees
Corporate Knowledge
Transfer, Employee
Competence & Learning
30 Years; 20 Employees
Who IS Corporate IQ?
5
(~ 315 Employees)
© Corporate IQ & Partners, 2017
What is Corporate Memory?
Corporate Memory is the accumulated body of data, information, and
knowledge created during the period of an organization’s existence…
6
What is Corporate Memory Management?
CIQ’s Secure, Corporate Memory Management, Closed Loop Analytics
Platform scans and analyzes information in all the various structured and
unstructured digital formats that exist within an organization.
Through big data analytics, AI, and Deep Learning, valuable insights are
gleaned (unattainable by humans) that help clients significantly improve
processes, mitigate risk, and improve competiveness.
© Corporate IQ & Partners, 2017 7
© Corporate IQ & Partners, 2017
Our Approach…
8
© Corporate IQ & Partners, 2017
Why Don’t You Join Us? …You’ll Be in Great Company
Artificial Intelligence
CIQ has one of the largest AI/ML R&D labs
Security
CIQ’s security layer is based on technology
tested and deployed across millions of devices,
PC’s and servers worldwide
Unstructured Data
CIQ’s choice technology for processing
unstructured data is adopted by leading global
companies
9
For more information …
20059 Wildwood West Drive,
Penn Valley, CA
USA, 95946
PO Box 85154,
561 Brant Street,
Burlington, Ontario,
Canada L7R 2G0
Gary L. Melling, President & CEO
Mobile: +1.905.467.1495
Email: Gary.Melling@CIQ.Cloud
LinkedIn: https://www.linkedin.com/in/gamelling

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CIQ Healthcare Executive Presentation_20170727_GLM

  • 1. Increasing Profitability in Healthcare Through Corporate Memory Management Gary L. Melling, President & CEO 1
  • 2. © Corporate IQ & Partners, 2017 What Keeps Healthcare Executives Up at Night? Asset and Capacity Utilization …The Transition to Value-Based Care Operations: • Total income • Total discharge • Total liabilities • Total margin • Total operating expenses • Average length of stay (ALOS) • Capital expenditure growth rate • Contract negotiation schedule Comparative Analytics for Locations / Divisions New Staff Time to Competence, Engagement, and Performance 2 • Emergency visits outpatient • Errors related to procedure/treatment /test • Expenses per physician FTE • FTE per occupied bed • Mean wait time in emergency department (ED) for hospital bed • Medication errors, number of errors per 1,000 treatments Staff Retention and Patient Care Satisfaction
  • 3. © Corporate IQ & Partners, 2017 What We Deliver… FOR EFFICIENCY: • Increase Operating Efficiencies by 20% • Reduce Costs by 30% • Reduce Fraud by 30% • Reduce Staff Turnover by 20% FOR QUALITY OF CARE: • Robo Medical Assistant (suggest best test, treatment and procedures to optimize successful outcomes and quality of care, based on symptoms, patient profile, medical history and diagnosis); Thus increasing quality of care and medical procedures outcome by 5-10% PREDICT VOLUMES BY SEGMENTS: • Emergency, Inpatient, Outpatient, ER, Cash-on-Hand, Revenue, Usage of Key Medical Items, Quality Ratio, Staff Overtime, Admissions and Readmissions Volumes 3 Through Corporate Memory Management, CIQ Can Deliver The Following Accurate & Reliable Insights to Predictive Profit & Loss in the Healthcare Industry:
  • 4. © Corporate IQ & Partners, 2017 What We Deliver… FOR EFFICIENCY & ACCURACY: • Experienced at Underwriting - Influence and Control the Outcomes • Automated Underwriting Knowledge Base from the Medical Profession FOR ARTIFICIAL INTELLIGENCE MEDICAL ASSIST: • Through Analysis and Comparing Leading Medical Practices, Doctors Can Improve the Consistency of Service between New and Experienced Physicians • Better Outcomes: Reduce # of Tests, Prescribe Correct Tests & Sequence of Tests COST MANAGEMENT OPTIMIZATION: • Overtime, Efficiency, Scheduling CFO Performance in Healthcare Moving from Pure Financial KPI’s to Value-Based, QUALITY KPI’s 4
  • 5. © Corporate IQ & Partners, 2017 We have brought together 4 companies, each with their own specialty and referenceable clients… Scalable, Interactive & Intuitive iOS and Android Mobile Apps 10 Years; 15 Employees Business Architecture, Strategic Talent Acquisition, Workforce Optimization; Cloud-enabled 12 Years; 30 Employees Artificial Intelligence, Deep Learning, Predictive Analytics 20 Years; 250 Employees Corporate Knowledge Transfer, Employee Competence & Learning 30 Years; 20 Employees Who IS Corporate IQ? 5 (~ 315 Employees)
  • 6. © Corporate IQ & Partners, 2017 What is Corporate Memory? Corporate Memory is the accumulated body of data, information, and knowledge created during the period of an organization’s existence… 6
  • 7. What is Corporate Memory Management? CIQ’s Secure, Corporate Memory Management, Closed Loop Analytics Platform scans and analyzes information in all the various structured and unstructured digital formats that exist within an organization. Through big data analytics, AI, and Deep Learning, valuable insights are gleaned (unattainable by humans) that help clients significantly improve processes, mitigate risk, and improve competiveness. © Corporate IQ & Partners, 2017 7
  • 8. © Corporate IQ & Partners, 2017 Our Approach… 8
  • 9. © Corporate IQ & Partners, 2017 Why Don’t You Join Us? …You’ll Be in Great Company Artificial Intelligence CIQ has one of the largest AI/ML R&D labs Security CIQ’s security layer is based on technology tested and deployed across millions of devices, PC’s and servers worldwide Unstructured Data CIQ’s choice technology for processing unstructured data is adopted by leading global companies 9
  • 10. For more information … 20059 Wildwood West Drive, Penn Valley, CA USA, 95946 PO Box 85154, 561 Brant Street, Burlington, Ontario, Canada L7R 2G0 Gary L. Melling, President & CEO Mobile: +1.905.467.1495 Email: Gary.Melling@CIQ.Cloud LinkedIn: https://www.linkedin.com/in/gamelling