Healthcare BI/Analytics: The Scrabble Conundrum - Joe Van De Graaff, Research Director, BI & Analytics
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Healthcare BI/Analytics: The Scrabble Conundrum Joe Van De Graaff, Research Director, BI & Analytics KLAS Research - www.klasresearch.com
KLAS Mission To improve healthcare technology delivery by honestly, accurately, and impartially measuring vendor performance for our provider partners.
KLAS: Who We Are • Healthcare IT market research firm with 15 years of vendor performance data • Over 1,000 hours/month talking to providers who rate 900+ products and services from 250+ vendors worldwide
KLAS Disclaimer Information contained herein does not represent KLAS opinion. Content comes primarily from provider interviews conducted by KLAS and includes strong opinions reflecting the emotion of success and, at times, failure. The information is intended solely as a catalyst for a more meaningful and effective investigation on the organization’s part and is not intended nor should it be used to replace providers’ due diligence.
The Scrabble BI/Analytics Conundrum • Lots of tiles; lots of players • More vendors want in • Same letters, but confusing words • Who will be the winner?
How Vendors View Themselves
KLAS 2013 BI Perception Research Key Research Question: • Which BI vendor do providers expect to stand out in healthcare as the market leader in enterprise analytics?
Uncertainty Abounds (Image from KLAS BI Perception Report 2013)
Perceived Leadership Areas (Image from KLAS BI Perception Report 2013) Provider needs for BI and analytics may vary greatly, and BI Tool Set Visual Data Discovery EDW/Data Population Health Embedded often lead to the selection of (i.e. Enterprise (Visual self-service BI) Warehousing Related Analytics Analytics multiple products and/or vendors. Reporting, Dashboards) Platform To help providers, KLAS provides a basic categorization of vendors below to reflect the main one or Dimensional Insight QlikView Caradigm Advisory Board Epic two areas where they are IBM Tableau Explorys Explorys perceived as potential leaders. McKesson SAS Health Catalyst OptumInsight (This categorization is not Microsoft IBM Verisk intended to be a full representation of all offerings Microstrategy Microsoft Wellcentive vendors have, but rather is Oracle Oracle focused on the research results SAP from this perception study). Vendors noted in the table are those who received at least one mention from providers as a potential future leader in enterprise analytics.
Enterprise/Department: Movement Both Ways
A Trend Worth Highlighting “The problem with the BI vendors is the same problem we have been talking about for decades…A system that gives me a blank piece of paper to start with is not helpful. The tools that are helpful are the ones that come with best practices for metrics and the analyses that are going to be most useful.” -CIO
Perceived Potential Leaders: BI Tool Depth & Healthcare Specificity (Image from KLAS BI Perception Report 2013)
Providers’ Vote: Healthcare Specificity (Image from KLAS BI Perception Report 2013)
Data Analytics = Dollars “If hospitals can’t produce data analytics in the next couple of years, they are going to suffer. As far as I am concerned, data is money in the future.” -CIO
How to Make Sense of The Maze?
BI Market & Vendor Overview: Keeping as Simple as Possible…
A Look at BI: Starting Simple • Front End (i.e. Data • Back End (i.e. Data Reporting/Presentation) Management) - Standard/scheduled reporting - Data integration (ETL) - Dashboards, scorecards - Data warehouse / EDW - Visual data discovery - Data marts/spheres/cutes
Analytics Tools/Products – Simple Categories • Enterprise (i.e. BI tool sets and platforms – enterprise capability and use) • Area Focused (i.e. focused, area specific analytics– targeted or supplemental solutions) • Application-Embedded (i.e. reporting/analytics as part of an existing application – built into the workflow)
Enterprise – KLAS Example Vendor Categorization ENTERPRISE* (vendor agnostic, flexible BI tools or platforms for enterprise use, i.e., clinical / financial / operational analysis) Front End Back End (i.e. Data Reporting/Presentation) (i.e. Data Management) BI Tool Sets Visual Data Discovery Data warehouse / EDW Data Quality / Integration (i.e.stand-alone vendor BI offerings, often multiple BI (i.e. stand-alone tools characterized by ease of use / (i.e. stand-alone data warehouse or EDW used as data products together, such as standard reporting, end user adoption; most BI Tool Set vendors also offer repository/source of truth; may include some analytic dashboards, data mining, etc ) this) applications) (i.e. vendor agnostic data integration and management tools; often used for data cleanliness and ETL) Dimensional Insight QlikTech Caradigm Dimensional Insight IBM Tableau Deloitte (Recombinant) IBM Information Builders TIBCO Explorys Informatica McKesson Health Care DataWorks Information Builders Microsoft Health Catalyst Microsoft Microstrategy IBM Oracle Oracle Microsoft SAP SAP Premier SAS SAS Oracle Teradata • *Table/chart not intended to be comprehensive listing of all vendors or vendor products. Vendors shown above primarily based on one or more KLAS evaluations from provider(s) using the product. Vendors shown as examples to facilitate like-to-like- vendor comparisons. Vendor offerings may differ in functionality, and vendor listing in chart above not intended to imply KLAS validated enterprise use (please refer to KLAS reports for specific performance data and/or vendor rankings). • Most BI Tool Set vendors also offer Visual Data Discovery products • EMR vendors often have products that serve as data warehouse, but typically used just for their own data (such vendors not shown in chart). Examples include, but not limited to, Allscripts, Cerner, Epic, McKesson, MEDITECH, Siemens.
Area Focused – Example KLAS Vendor Categorization AREA FOCUSED* Offerings built for, focused on, or usually deployed for analytics in a certain area; Related areas to Mainly Clinical BI usually more packaged than broader/enterprise tools include • Clinical Decision Support - Population Health Quality Reporting, Mainly Clinical BI Mainly Financial BI (vendor examples include Analytics (i.e. stand-alone products mostly used in (i.e. stand-alone products used mostly in Benchmarking EBSCO, ElSevier, Logical (i.e. stand-alone products used for usually clinical areas or for clinical data financial areas or for financial data (i.e. stand-alone product suites used for Images, Truven, Wolters Kluwer, clinical patient/population data analysis) analyses) analyses) external regulatory reporting, ZynxHealth) benchmarking) • Clinical Surveillance (vendor examples include CareFusion, Advisory Board Allscripts (SCA) Infor (Business Intelligence) Insight Health Solutions Hospira, PeraHealth (Rothman), Truven, Wolters Kluwer) Explorys Altosoft (Kofax) Kronos (Wrkfrce Analytics) Premier Forward Health Cerner (Pwr Insight) MedeAnalytics Press Ganey Related areas to Mainly Financial BI include McKesson (MedVentive) EMBI Oracle (Hyperion/Essbase) Quantros • Business Decision Support Optum (Humedica) Harris (CareFx BI) Truven (vendor examples include Allscripts, McKesson, Siemens, Phytel MediWare UHC MedAssets, Kreg) Truven Omnicell (Pandora) Xerox (MIDAS) • Budgeting (vendor examples include Allscripts, Strata, Verisk Healthcare Insights, Kreg) Wellcentive *Chart not intended to be comprehensive listing of all vendors or vendor products. Vendors shown in chart above primarily based on one or more KLAS evaluations from provider(s) using the product; vendors shown in chart based on relative like-to-like vendor comparisons; vendor offerings may differ in functionality. Please refer to KLAS reports for specific performance data and/or vendor rankings.
Application Embedded Reporting and/or analytics from within an application • Vendor names and products vary greatly (most applications have some level of reporting) • More robust embedded reporting/analytics becoming increasingly important • Not seen as traditional BI products, but play important role when built into the workflow (i.e. EMR reporting/analytics built into clinical workflow) • Capability and level of embedded reporting/analytics differs greatly by application. Some applications have additional capability based on a third party embedded (i.e. OEM) BI engine or product.
Product/Tool Use Depth Basic Intermediate Advanced • Knowledge • Knowledge • Deep knowledge distribution discover, often exploration • Scheduled report user driven • Predictive and analysis, • Comparison statistical modeling distribution analysis, • Ad-hoc BI with • Known/defined benchmarking real-time data areas of • Rules based • Intelligence from measurement operational unstructured data • Often historical intelligence analysis (i.e., large information • Ad-hoc reporting data)
A Look at Actual Vendor Performance, Best in KLAS Rankings for BI Market (Dec 2012) • Overall performance ratings, customer satisfaction • Included vendors must meet multiple criteria (number of clients, use criteria, etc.)
BI Can Be Daunting… http://www.youtube.com/watch?v=wPOgvzVOQig
Will My BI Vendor Catch Me? (Image from KLAS BI Performance Report 2012) Key Performance Indicators – Ranked Enterprise Vendors Common challenge: unsatisfactory provider experiences with vendor service delivery (i.e. executive involvement, support experience)
Influence on Change? (Image from KLAS BI Performance Report 2012) BI Vendor/ Product Impact on Change N=227 1-5 scale 1=no impact 3=average impact 5=high impact
Recently Completed Projects (Image from KLAS BI Performance Report 2012) How BI is being Used—Most Recently Completed BI Project N=189 “Other” includes Data Repository/Warehouse, No Recent Projects, Outcomes/ACO Analysis, BI Solution Implementation/Upgrade, Predictive/What-if Modeling Analysis, Reporting Setup/Maintenance, and Coding/Documentation Analysis.
The Right Resources for BI: Important! http://www.youtube.com/watch?v=80TE_pnHKV4
Peer Advice for BI (Image from KLAS BI Performance Report 2012) N = 160
Questions? Joe Van De Graaff KLAS Research joev@klasresearch.com www.klasresearch.com
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