MedeAnalytics, a pioneer in healthcare analytics, has announced the acquisition of OnFocus Healthcare, Inc., a provider of healthcare enterprise performance management solutions. The synthesis of OnFocus Healthcare and MedeAnalytics will create the first 'closed loop' analytics and execution-driven performance improvement solution for healthcare.
OnFocus Healthcare's embedded action planning, progress tracking and performance management functionality will integrate with existing MedeAnalytics solutions. This will enable organisations to plan, manage and sustain increased accountability and employee execution on critical initiatives and activities to drive improved results on key performance metrics across the enterprise. Customers will now have real-time, drill down analytical, reporting and action planning capabilities that make it easier and faster to identify, measure and achieve the desired outcomes of their performance improvement initiatives.
OnFocus Healthcare's enterprise performance management (EPM) software allows healthcare leaders to link their business intelligence with current strategies, key performance metrics and dynamic action plans aimed at producing clinical, financial and operational breakthroughs in performance.
This new integrated offering will allow customers to track and maintain key initiatives across hospitals and health systems in one centralized location and identify and address delays and negative performance variances before they become a problem; assign accountability for each initiative, and monitor progress in real-time across all areas of an organization; measure the success of a portfolio of strategic and operational goals, improvement initiatives and action plans across a hospital or an integrated delivery system; deliver smart "action plans" and best practices across the most critical areas for providers; and increase employee productivity and efficiency on achieving key business objectives and targets in less time, with fewer resources and with a greater impact on the bottom line.
