Data Analytics
HISI's Advanced Analytics
HISI’s Advanced Analytics combines cutting-edge technology in a web-based portal with the most extensive proprietary hospital supply item data in the business. With HISI’s solution, you can turn data into actionable information, exposing key metrics that can help to increase efficiency, decrease cost, and create a basis for well-informed decisions. Here’s how:
Web-Based Portal Interface
Advanced Analytics allows you to access inventory information from any browser, anytime, anywhere. This cloud-based system stores all of your information year after year, and is fully customizable to your preferences. Features are easily added with a click of a button, and unique content can be added to fit your needs.
Comparative Standardization
Cross-reference your item master information to HISI’s industry standard nomenclature to help you properly categorize and standardize your data. Gain the ability to compare clean data between hospitals, enabling you to have a clear understanding of your inventory.
Expansive Product Dictionary
With a dictionary that includes 750,000 standardized products, HISI has the widest universe of information in the inventory service sector. This feature Includes standardized manufacturer and product descriptions, as well as synchronized product relabeling, for the most accurate, up-to-date peer-level comparisons.
Peer Group Analytics
Compare your inventory valuation against others in your group according to bed size, geographic location, institution type, cost-center specific comparisons, and product-specific comparisons.
Item Master Reporting
Identify products in the item master that are not present in your inventory, while also enabling duplicates to be located.
Item Master Source Tracing
Correlate counted items to source data in your ERP system. Verify pricing and perform valuation tests between data sets.
Other Capabilities Included:
• Personalized creation of ad hoc reports
• Custom charts and tables
• Rankings, Sorts, Counts, and Complex Math
• Over 150 different set-based functions
• Ability to compare clean data between jobs
• Drill Down Analytics
• Export to Excel, PDF, PPT
• Inverse Item Master Reporting
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