KLAS: Business Intelligence Market Emerging

June 24, 2011
The market for business intelligence (BI) in healthcare is wide open, according to a KLAS (Orem, Utah) report entitled, Enterprise Business

The market for business intelligence (BI) in healthcare is wide open, according to a KLAS (Orem, Utah) report entitled, Enterprise Business Intelligence: Opening the Flood Gate Report 2008.

Of the more than 150 healthcare professionals who were interviewed, 45 percent of respondents report having an evolving BI strategy and 23 have a defined strategy (32 percent report having no strategy or that it is too early to tell). The BI marketplace has moved to the forefront of awareness in healthcare technology, says the report, as providers aim to deliver quality patient care while controlling costs and dealing with issues such as increased regulatory requirements, the heightened need for industry benchmarking, and pay for performance initiatives.

KLAS found that many organizations are dissatisfied with current solutions measuring performance improvement and feel that a new level of data aggregation, analysis and reporting across the enterprise is needed to fulfill existing and future requirements. Therefore, states the report, many are turning to enterprise BI solutions.

The top ten considered vendors in the research were Avega (MedAssets), Business Objects (SAP), Cerner, Cognos (IBM), Eclipsys, Lawson, McKesson, Microsoft, Oracle, and Siemens.

Sponsored Recommendations

Improving Workplace Safety and Patient Care in Behavioral Health

In 2023, Vail Health enhanced safety in their behavioral health clinic, but the impact went beyond their expectations. Read their case study to see how prioritizing workplace ...

Transforming Hospital Capacity Through Smarter Patient Progression Strategies

Helping patients move seamlessly through every stage of their care, from admission to discharge, is critical to ensuring patient safety, improving outcomes, and optimizing capacity...

Beyond the AI Buzz: How Clinicians Can Leverage AI for Value-Based Success

Watch on-demand to explore the impact of implementing AI in primary care settings to reduce burnout and thrive in value-based care. Including practical takeaways on driving clinician...

Building the Connected Hospital: Bridging Operational Gaps Through Technology

Join industry leaders to explore how advanced technologies like RFID, AI, EMR, and ERP systems are transforming hospitals into connected ecosystems that enhance efficiency, streamline...