Increase operational efficiency while lowering costs
We know healthcare organizations continue to face increasing pressure to reduce expenses, IBM ActionOI® can help.
The SaaS offering assists in evaluating operational and financial performance in a realistic context, head-to-head with best-in-class performers and facilities of similar size, payer mix, complexity and patient population.
ActionOI has one of the largest comparative database in the industry – with operational and financial data from more than 750 healthcare organizations across the US. In a recent study, ActionOI clients realized annualized expense improvement of $6.7 million on average.
Discover opportunities for improvement
Identify quantifiable ROI for performance improvement initiatives.
Execute in-depth analyses
Use hard data to support budget projections, staffing requirements and to target high-growth opportunities.
Perform better benchmarking
Help find the expense drains and implement cost-saving initiatives efficiently and accurately.
Enhance cultural transformation
Empower staff and challenge the status quo by using reliable data comparisons and information.
Network with other healthcare professionals, trade best practices with more than 10,000 members.
Four good reasons to use IBM ActionOI
Take advantage of one of the largest databases of its kind
Normalized data allows for 'apples to apples' comparison
Being transparent with our managers and letting them see the reports to understand how they’re staffing — whether it’s the number of their full-time employees, how many contract hours worked, how many overtime hours worked — makes them part of the process, and more likely to see where their department will benefit.