Power BI – data analytics in healthcare
Microsoft Power BI allows you to visualize data and create clear and easy-to-read reports. Importantly, they can come from multiple sources and be analyzed even by those with little analytical knowledge. This is possible thanks to drag-and-drop functionality and the ability to build natural language queries. In Power BI, the degree of sophistication of data analysis is fully customizable. For example, to get a complete picture of a hospital’s budget and revenue, financial data can be gathered in one place and analyzed over the last quarter or compared year-on-year. If, on the other hand, we want to focus on data strictly related to the day-to-day operation of a given medical facility – such as the time spent by patients in a given ward, the stock of drugs or supplies, then with the help of dashboards created in the Power BI system, we can limit the analysis to just these issues. In general, the reports generated in Power BI can be customized to meet the needs of both individual departments of medical facilities and presented globally. The Power BI system facilitates data analysis especially in the following areas:
- Financial reports – used to visualize expenses, income, insurance costs, employee salaries and other budget issues.
- Patient-related reports – used to track information such as the number of patients visiting the facility, length of stay, or the number of drugs and disposables used per person.
- Reports related to employees – facilitating the monitoring of the work of employed people, the ratio of employees to patients or the seniority of medical staff.
- Reports related to material management – specifying the amount of drugs and materials used in each department and with reference to the entire medical facility.
What benefits does Power BI offer to the healthcare sector?
The healthcare industry has been transformed into a world based on data that comes from multiple sources – CRM systems, EMRs, HMS, outpatient registrations, labs, hospital pharmacies and more. Although medical facilities transform a huge amount of data every day, extracting valuable information from it can sometimes be difficult. Fortunately, modern data analysis systems such as Power BI come to the rescue.
How does the system improve the work and operation of medical facilities?
- Allows aggregation of key data in one place,
- Indicates trends and patterns in the data and makes it easier to understand,
- It supports managers and executives in decision-making,
- Provides insight into the current situation of the medical facility,
- It allows easy data management used by individual departments of a hospital or clinic.
The factors above are critical today when the debt of medical facilities is increasing. Power BI helps make advanced health care issues simpler and more accessible to perceive and analyze. Properly configuring the system and adapting its capabilities to the needs of a given medical facility ensures its stable operation and world-class services for patients. If you want to implement Power BI in your medical facility, we would be happy to help you. From planning to system implementation and maintenance. Write to us if you have any questions about the capabilities of the Power BI service in the healthcare field.