The Texas Hospital Association announced a partnership with technology company, Stratasan. The new partnership will give THA member hospitals access to Stratsan’s suite of strategic planning analytics, Launch Pathway, through the association’s Compass data program. The move will provide hospitals with powerful outmigration and physician loyalty insights to help steer business development efforts.
The partnership brings a strategic planning platform that can transform complex market data into straightforward insights. From detailed service line details, demographic information, and outmigration analysis, THA’s Compass program enables hospital leadership teams to understand where service lines lose patients. By being able to sort and drill down into data to the provider-level, hospitals can make smarter decisions and better align with their community’s needs.
By integrating this technology for their Compass subscribers, THA gives hospitals of every size and type access to a solution that will benefit how hospital leaders analyze patient trends. Compass subscribers will be able to shape growth plans and business intelligence strategies based on the most current market intelligence. The Compass program becomes more complete with each new hospital that joins. Key features include high-quality data visualization, reliable market overviews, easily shareable reporting, and simple to understand analysis.
The demand for a tool that can consolidate and visualize healthcare market data and speed up the data analysis process has grown significantly as hospital leaders face difficult financial and operational decisions.