Microsoft Power BI for Healthcare Industry Data Visualization – Use Cases and Dashboard Ideas

Healthcare industry has been one of the pioneers when it comes to adopting data-driven culture. Modern healthcare organizations use an array of digital platforms to share key insights such as hospital administration, patient administration etc. with their CXO’s.

Fragmented data resided within EMR, CRM, HMS, outpatient registrations, labs, pharmacy reports, claims, patient billing did not either provide needed insights directly to decision makers or it does consume so many man hours. Power BI addresses this area by connecting with multitude of data sources and deliver insights on the go.

Power BI for Healthcare Industry

Power BI provides Hawk Eye View of Insights from hidden data sources to Healthcare providers that are required to minimize costs, maximize revenue, improve patient service, abide regulatory compliances.

Healthcare KPI’s and Metrics

Healthcare Organisations track real-time performance metrics across emergency room conditions, patient care and facility management. Below are some healthcare industry KPIs when visualized using Power BI will be of great help to healthcare industry decision makers.

Operations Metrics

Trends on the following metrics when combined with other vital metrics to meet desired outcomes will boost healthcare provider efficiency.

• Number of patients by department, by specialty
• Time of appointment and length of visit
• Tracking origin of and number of inbound referrals
• Patient Wait Time
• Arrival to bed
• Arrival to physician
• Arrival to nurse
• Arrival to discharge
• Lab Turnaround Time
• Average Number Of Patient Rooms In Use At One Time
• Staff-To-Patient Ratio
• Room Turnover
• Emergency room (ER) Wait time

Healthcare Provider Performance

Providing quality healthcare costs a lot. Timely insights are required from different perspectives to avoid revenue loss. Power BI helps in offering multi-dimensional insights on the following metrics.

• Cancelled appointments due to patients not showing up
• Number of outbound referrals due to unsupported specializations
• Cancelled or rescheduled appointments due to provider unavailability
• Average Insurance Claim Processing Time & Cost
• Revenue generated by Doctor/department/speciaization
• Claims Denial Rate
• Average Treatment Charge
• Permanent Employee Wages
• Average Hospital Stay
• Hospital Readmission Rates
• Costs By Payer
• Total operating margin
• Cash receipt to bad debt
• Days of cash on hand

Patient Care

Healthcare Industry is not exempted from Competition. Patient experience is of significant value that determines growth or can cause severe brand damage of compliance issues. Creating Power BI Dashboards with these vital performance indicators help address problems at an earlier stage.

• Appointments completed per doctor
• Surgeries performed per surgeon
• Appointments scheduled per department and specialization
• Patient Satisfaction
• Patient Safety
• Patient Follow-Up
• Patient Vs Staff Ratio
• Medication Errors
• Readmission rates for specific diseases

Power BI include impact Factor, Trend lines, complex comparisons, and multiple connections. Most of the Healthcare companies are hesitant to move to the cloud for storing their data due to security concerns. In such cases, Power BI on-premises gateways can help in connecting Real time data with on-premises data sources without having to worry about moving data to cloud.

Power BI Benefits for Healthcare Organisations

• Improved real-time insights from structured and unstructured data from diverse sources, including business systems, EMR, web logs, social media and Medical Devices
• Power BI allows setting up threshold data points on specific parameters and alerting key stakeholders in real time
• Power BI proactively identifies and indicates Patterns and Trends within the data streams
• Power BI reduces complexity when it comes to understanding Fragmented Data
• Simplifies sharing of Data, Reports and Dashboards with CXO’s to make timely decisions
• Reduces report load time and query time to few minutes and seconds respectively
• Power BI compresses data thereby reducing storage less than 5 percent when compared with competing data visualization platforms

Softcrylic could help Hospitals, health providers, and MSOs with Healthcare Analytics and Data Visualization to turn their data into visual insights.