The Best Healthcare BI Software

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Domo Screenshot
Domo is a business intelligence and data visualization platform that excels in aggregating data from multiple sources into cohesive, visually appealing dashboards. Domo is designed to make data analytics accessible to all members of an organization via ease of use and a mobile app, promoting data-driven decision-making across various levels. Key features include extensive app connectivity, interactive and collaborative tools, and data manipulation capabilities.
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Starting Price
$83/month
Client OS
Web
Deployment
Cloud Hosted
Sisense Screenshot
Sisense, formerly Periscope Data, is a business intelligence tool offering data management and visualization capabilities. It provides ease of setup, connecting seamlessly to a wide variety of data formats and platforms. The software enables fast data alterations and updates, and its analytics platform, Sisense Fusion, uses AI and machine learning for data analysis.
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Starting Price
$4,200/user (perpetual license)
Client OS
Windows, Web
Deployment
Cloud or On-Premises
Epic Systems Screenshot

Epic Systems

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Epic Systems EHR software is a comprehensive, cloud-based solution catering to various specialties and practice sizes, from independent practices to multi-specialty hospital groups. This software is designed to efficiently manage day-to-day operations of healthcare practices, enhancing patient care and operational efficiency. It focuses on patient engagement and remote care, offering extensive patient portals, telehealth options, and a range of core EHR features. Epic EHR offers a range of functionalities including appointment management, billing, clinical workflow, document management, insurance and claims processing, lab integration, medical templates, patient demographics, patient history, a patient portal, referrals, reporting and analytics, scheduling, voice recognition, and e-prescription. The software also emphasizes interoperability and integration with third-party systems, making it flexible and user-friendly.
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Client OS
Windows, iOS, Web
Deployment
Cloud Hosted
Google Looker Screenshot

Google Looker

Looker Business Intelligence is a cloud-hosted business intelligence software. [It was acquired by Google in 2019](https://techcrunch.com/2019/06/06/google-to-acquire-analytics-startup-looker-for-2-6-billion/). It combines with Google Cloud to provide customers with a multi-cloud analytics platform. Looker is known for its ease of use and collaboration features. It enables users with minimal SQL knowledge to create custom visualizations, dashboards, and reports. The platform supports a wide range of data sources and provides real-time data exploration capabilities.
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Starting Price
$5,000/month
Client OS
Windows
Deployment
Cloud Hosted
CareVoyant Screenshot

CareVoyant

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CareVoyant for Home Care is an integrated enterprise-scale software platform for Home Health Care Agencies offering one or more home-based services — Private Duty Home Care, Private Duty Nursing, Non-Medical, Personal Care, Home and Community Based Services (HCBS), and Home Health - under ONE Patient and ONE Employee, making it a Single System of Record. It has real-time monitoring of exceptions to scheduled visits, configurable clinical documentation with alerts, and an integrated mobile app for Electronic Visit Verification (EVV) and point-of-care documentation. CareVoyant improves medical agency’s operational efficiency and bottom line through proactive validations, alerts, and exception-based management. The mobile app is a significant advantage, providing point-of-care documentation and improving communication between staff members.
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Client OS
Windows, Web
Deployment
Cloud or On-Premises
QlikView Screenshot

QlikView

Discover deeper insights by building your own rich, guided analytics applications with a flexible, business-ready solution. Create business-driven data discoveries with guided analysis paths that are highly customizable and tightly governed. Guided analytics: Beautiful, controlled analytic experiences guide employees toward discovering insights and making meaningful decisions; Secure: Top-down control of analytics apps, permissions and data management; and Centralized Apps: Granular control of
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Starting Price
$29/month
Client OS
Web
Deployment
Cloud Hosted
Board Intelligent Planning Screenshot

Board Intelligent Planning

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Board is designed to empower decision-making in various business contexts. It offers a unified platform for planning, predictive analytics, and business intelligence, enabling companies to leverage their data effectively. By providing a complete view of business information, Board helps organizations gain actionable insights and maintain control over their performance.
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Client OS
Windows, iOS, Android, Web
Deployment
Cloud or On-Premises
SAS Financial Intelligence Screenshot

SAS Financial Intelligence

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SAS Financial Intelligence solutions provide consolidation, reporting, budgeting, planning and dashboards in a single solution and on one platform. With SAS, you can achieve financial transparency, ensure regulatory compliance, and gain predictive, analytic insight into financial performance. Our comprehensive offerings for Finance allow you to access the wealth of knowledge in your financial and non-financial data to adapt to the expanded role of trusted advisor at every level in the
dashboardMD Screenshot

dashboardMD

dashboardMD is a Cloud-provided Business Intelligence (BI) and healthcare analytics tools. This solution combines clinical, financial, and operations analytics into a single platform for easy management. Use simple click, drag, and drop capabilities to organize financial data, compare metrics, and filter results. Integrated analytics maximizes productivity throughout the revenue cycle. Interactive Daily Dashboard; Ad Hoc Analysis Tools; Population Health; Care Management; Risk Management; Staff
Client OS
Web
Deployment
Cloud Hosted
Infor EPM Screenshot

Infor EPM

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Infor EPM is an enterprise performance management software offering advanced financial consolidation features. It handles budgeting, forecasting, and planning, simplifying these processes while integrating them tightly with ERP applications. Infor EPM helps manage capital projects and expenditures and offers detailed sales planning and forecasting tools. The software leverages AI for predictive analysis and trends.
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Client OS
iOS, Android, Web
Deployment
Cloud Hosted
True Sky CPM Screenshot

True Sky CPM

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True Sky is a corporate performance management software for budgeting, forecasting, and planning. It has an Excel-based interface, simplifying the transition for users familiar with Excel. Key features include financial budgeting, revenue forecasting, and compensation planning. True Sky also provides projections of capital expenditures, costs, and revenues. The software is primarily an on-premise solution but can integrate with various systems.
Deployment
On-Premises
BPA Quality Screenshot

BPA Quality

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(3)
BPA Quality is a business intelligence software and quality management system that integrates with Microsoft 365. It leverages tools like Teams and SharePoint for collaborative work. Key features include visual process maps, collaborative platforms, and modular components that allow customization according to company needs. It supports process automation, reduces manual work and human errors, and integrates with existing client data, documents, and processes.
Client OS
Windows, Web
Deployment
Cloud Hosted

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Buyer’s Guide

What is Healthcare Business Intelligence Software?

Healthcare BI software is a specific type of business intelligence software designed with analyzing report tools to organize and extract data for hospitals, clinics, and private practices. Relevant data tracked by this type of software includes patient files, financial records, and staffing schedules.

BI software for healthcare providers primarily works to identify patient trends for better care while analyzing financial changes to improve the bottom line. This is a valuable tool for any Accountable Care Organization (ACO) which needs to maintain and monitor detailed records. Reviewing past data can reveal how your company should move forward.

Patient satisfaction rates are also trackable via healthcare BI software. You can ensure everyone gets the best treatment by analyzing risk with BI tools in a clinical decision support (CDS) system. You can also manage financial operations without sacrificing patient care. Healthcare organizations can use BI software to cut costs while keeping up with always changing industry standards set by federal compliance.

Features of Healthcare BI Software

  • Online Analytical Processing (OLAP): A multidimensional analysis of healthcare data that can be worked into complex calculations for data modeling. Data sources may range from general finances to patient statistics.
  • Enterprise Performance Management (EPM): Key performance indicators (KPI) from Big Data sets are broken down for analysis, then organized to reveal potential patterns and trends.
  • Non-Traditional Data Tracking: Set your own KPI based on what matters to your healthcare facility. Input data about patient trends, electronic medical records (EMR), or operational patterns.
  • Data Visualization: A simple dashboard interface displays real-time data analytics in easy to follow charts and graphs.
  • Financial Modeling: Predict future financial needs based on past performance. Record financial changes day-to-day or year-over-year.

Healthcare BI Software Benefits

There are many benefits to working with a healthcare BI software at your medical facility:

BI Software and HIPAA Compliance

What makes healthcare-specific BI software so valuable over traditional BI solutions? Healthcare BI software are designed with electronic protected health information (ePHI) and the Health Insurance Portability and Accountability Act (HIPAA) in mind. Both of these measures are designed to protect valuable patient information online and in real life.

Medical SaaS vendors who are not healthcare-specific would need to review if they are legally able to work within HIPAA guidelines. If they’re not, you won’t be able to use your BI software for analyzing patient data. Healthcare BI software is HIPAA compliant to safely extract and analyze protected health information (PHI).

You can still use a business intelligence tool which isn’t HIPAA-compliant, as long as you separate patient data from medical records. This can be done by creating an account number to correspond to medical records. Then the data transferred to the account can be anonymously used to compile sales summaries which do not include any PHI.

Emerging Patient Patterns

Are more patients coming in with the same health concerns? Unless your staff are sitting down for regular meetings they probably don’t notice emerging trends amongst their various patients. BI tools are designed to collect all sorts of data and then present it in a simple to understand manner so you can start seeing patterns as they begin.

For example, imagine some patients start asking for a specific coronavirus screening test. Maybe there was a news story about the pandemic reaching the local community which prompted increased interest in this new test. Your healthcare center can use BI tools to determine what patients are requesting during their appointments. You can then design a specific screening package for other patients who may be interested in testing.

Better Patient Outcomes through Informed Decision-Making

The right healthcare BI software can help doctors, nurses, and other medical professionals make the right decisions when treating patients. Data analysis can show which treatments have had the best results for different diagnoses over time. Doctors can then view this data from the software dashboard to improve quality of care.

Predictive Finances for Better Budgeting

The best way to plan next year’s budget is to analyze your spending in the past. By plugging all your data into an EPM and BI software, you can review spending patterns daily, weekly, quarterly, and annually.

These tools are made for planning the finances of both small businesses and large enterprises. Whether you operate a two-room private practice or manage an entire hospital, this software is suited for your budgeting needs.

Easy Health Information Exchanges

When your patients need referrals, it’s up to you to accurately transfer their ePHI to the other medical facility. Healthcare BI solutions are useful when working with health information exchanges (HIE) as data is protected when transferred between different organizations.

What Does Your Healthcare Center Need?

The software your facility needs depends on the scale of your work:

  • Hospitals: Large hospitals with management software still need BI tools for managing finances. Use BI tools alongside asset tracking to order enough supplies at ideal prices.
  • Specialty centers: These facilities are designed just for highly specific patient care. Imaging centers are where patients go for specific tests like X-rays, MRIs, and CAT scans. Surgical centers are for minor surgical procedures. Since profits are based on referrals, you need healthcare BI software to forecast finances and better plan your budget for periods when there aren’t a lot of patients.
  • Private practice clinics: Medical clinics can have all sorts of specialities. In order to track your specific patient needs, use a customized BI solution. Generate your own KPIs to reflect the goals of your clinic.
  • Nursing homes, memory care centers, and hospice: Live-in care centers have all the operational challenges of a hospital combined with a hotel. Running long-term care facilities can have a lot of unexpected expenses. Use BI tools to analyze all financial changes over time and understand how your business is making (or losing) money.
CareVoyant Scheduling Software
Schedule patient and staff with CareVoyant software.

BI Tool Pricing Guide for Medical Centers

The cost of healthcare BI software is usually determined by the total number of users. Individual users start as low as $20 per user and reach as high as $70 per user. Often, the more users there are the lower the cost per user.