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Move the Needle with Lodestone™ Comparative Database

September 5, 2012 Mark Gamble, FACHE

Lodestone Data Connect™, developed by HASC in partnership with iVantage Health Analytics, offers hospitals a comprehensive business intelligence platform to help guide decision making in the health care environment.

Informative webinars are scheduled for Sept. 7, 11 and 12. RSVP is required. Register now.

Created to support hospitals in their efforts to eliminate excessive operational- and clinical-related costs, the database integrates hospital-specific data related to workforce and departmental efficiency; clinical utilization; physician performance; quality, safety and outcomes; financial performance and sustainability; and patient, physician and employee satisfaction. Use this powerful tool to:

  • Evaluate the cost performance and FTE productivity and utilization of 100 functional areas, both clinical and nonclinical
  • Identify improvement opportunities by comparing detailed cost per case, length of stay, and cost per day by DRG or APR-DRG
  • Drill down to physician practices at procedure- and diagnosis-code levels
  • Use analytics to understand internal variation by major cost component (i.e., critical care, lab, pharmacy, etc.), including physician- and patient-level detail

Among the advantages of Lodestone is its capacity for regional benchmarking. The database supplies hospitals with advanced analytics to compare their clinical and operational data with other hospitals in their area.

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September 5, 2012 Mark Gamble, FACHE
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