Hospitals are inundated with reporting standards, performance measures and compliance issues in the ongoing challenge to utilize standards and measures towards improving efficiencies and outcomes.

Gathering data in a hospital environment is always difficult - often dispersed across many departments, it also represents differing perspectives from the clinical, administrative and patient point of view. Additionally, technology platforms and data standards are varied and the ability to ensure consistent measures is limited.

The real value-add of any performance measurement and risk management framework occurs when you piece together data sources into a solution which underlines insights not only with all the required reporting mechanisms, but can actually provide concrete information for actionable improvements. When you can show the relationship between fiscal decisions and clinical results, or identify risk factors that interplay with each other, you know you are doing things that can really make a difference.

Among the results you can expect to see from an implementaion of Metrics3D are:

• Increase patient satisfaction by reducing patient waiting time
  
• Reduce operating costs by increasing bed utilization and optimizing labour costs
  
• Benchmark your performance against peers, and other Facilities
  
• Identify trends, manage risk, and evaluate performance
  
• Continually improve your business efficiency by freeing up time for your decision support teams to spend more time on analysis , and less time on mundane report generation
  
• Easier reporting of accountability measures to other stakeholders including: Clients, Boards, Hospitals and Care Facilities, Contract Service Providers, Employees, Ministries, and Departments of Health
  

Most importantly, HealthMetrics3D creates meaningful and discerning indicators that properly reflect the priorities and concerns of the healthcare organization. Sample Indicators that can be calculated instantly with HealthMetrics3D:

• Overall client satisfaction with quality of care and service
  
• Incidence of high-risk client related occurrences
  
• Percentage of objectives started in business plan achieved
  
• Provider Compliance with contractual requirements
  
• Percentage variance of year end total expenditures to total budget
  
• Staff Turnover
  
• MDS RAI assessment reporting
  

Read about an implementation of Metrics3D by the Hospital Research Report Collaborative: Click Here.