It is widely recognized within the healthcare industry that most of the data used to make medical decisions and develop treatment plans comes from the laboratory. Because the laboratory holds such a large volume of patient data, that information can be analyzed for both internal laboratory insights, as well as external metrics that impact the entire organization. Combining lab data and other healthcare data for analysis can uncover valuable information and provide insights that can help guide a healthcare organization’s business decisions and have a positive impact on patient care and finances.
Read Orchard’s latest white paper, The Incredible Value of Laboratory Analytics, to learn more and for an introduction to Orchard’s new analytics tool—Orchard® Insights™!
Executive Summary
- Most of the data used to make medical decisions and develop treatment plans comes from the laboratory.
- Laboratories can use their data to track internal key performance indicators (KPIs) and test utilization as part of a larger laboratory stewardship program that promotes laboratory productivity and increases the laboratory’s contribution to the best patient care.
- Laboratory data combined with other healthcare data can be used to guide organization-wide decisions in matters of patient care and spending.
Orchard Software Introduces Orchard Insights
Orchard Insights is a business intelligence and analytics tool focused specifically on leveraging and analyzing the tremendous amount of data that laboratories manage. The solution provides quick access to analyzed data that offers insights to aid in overall lab productivity, efficiency, and inspection-preparedness. Laboratories can use their data to track internal KPIs and test utilization as part of a larger laboratory stewardship program that guides business decisions and increases the lab’s contribution to patient care improvements. Orchard Insights gives labs the advantage of an analytic perspective that can be used to help address the industry staffing shortage and improve overall laboratory productivity and efficiency.