In the beginning… OpenPages was a company “born” in Massachusetts, providing Governance, Risk, and Compliancesoftware and services to customers. Founded in 1996, OpenPages had more than 200 customers worldwide including Barclays, Duke Energy, and TIAA-CREF. On October 21, 2010, OpenPages was officially acquired by IBM: http://www-03.ibm.com/press/us/en/pressrelease/32808.wss What is it? OpenPages provides a technology driven way […]
Posts Tagged ‘EPM’
Configuring Cognos TM1 Web with Cognos Security
Recently I completed upgrading a client’s IBM Cognos environment – both TM1 and BI. It was a “jump” from Cognos 8 to version 10.2, and TM1 9.5 to version 10.2.2. In this environment, we had multiple virtual servers (Cognos lives on one, TM1 on one and the third is the gateway/webserver). Once the software was […]
The Intersection of Cost and Quality Meets at the Patient
Embracing data-driven decision making in a healthcare setting requires agile thinking to pinpoint and respond to the short- and long-term needs of the organization. This shift requires finance departments to transcend from the typical focus on aggregating data to a value-added analytical view of hospital data. This new approach will provide greater visibility into changes […]
The good ‘ole budgeting days are back!
My … how times are changing … back to what they once were! I guess it has something to do with living long enough to experience things, but budgeting with Oracle’s exceptional world class platform Hyperion Planning solution is now available in the cloud. This means that both new and existing Hyperion Planning customers of […]
Transparency: It’s about the patient
I’ve talked a lot lately about cost vs. quality but this time, I want to talk about why all this is important by telling a little story. A few years ago, I was visiting a CFO for a large academic medical center and he was interrupted for a discussion about a chronically ill international patient […]
Perficient takes Cognos TM1 to the Cloud
IBM Cognos TM1 is well-known as the planning, analysis, and forecasting software that delivers flexible solutions to address requirements across an enterprise, as well as provide real-time analytics, reporting, and what-if scenario modeling and Perficient is well-known for delivering expertly designed TM1 based solutions. Analytic Projects Perhaps phase zero of a typical analytics project would […]
Patients Shopping for Quality and Value
Data from a recent study by the Employee Benefit Research Institute shows that individuals enrolled in high-deductible health plans are more likely to behave like consumers and seek data on price and quality before receiving care.1 This, combined with the effects of the Affordable Care Act, where trends are reflecting that more than 80% of […]
Understanding the Value of Care – It’s Not a Guessing Game
Robert S. Kaplan, PhD, writes about improving the “value of care” in this month’s HFMA magazine. “Existing cost measurement systems in healthcare are inadequate. They typically use inaccurate and arbitrary cost allocations and provide little transparency to guide clinician and staff driven efforts to reduce costs and improve processes to enhance outcomes. They also fail […]
The “Secret Sauce” for Financial Transparency
Assembling the data needed to achieve financial transparency is both a technical and political challenge. My recent BLOG In Managing Finance at Hospitals, the Proof is in the Data discusses this in detail. I thought I’d take a moment now to discuss some of the software that combines clinical and financial data for cost management […]
Exercising IBM Cognos Framework Manager
In Framework Manager, an expression is any combination of operators, constants, functions, and other components that evaluates to a single value. You can build expressions to create calculation and filter definitions. A calculation is an expression that you use to create a new value from existing values contained within a data item. A filter is […]
Framework Manager – Creating a Parameter Map
A session parameter is a variable that IBM Cognos Framework Manager associates with a particular session. Examples include (current user name, current active language, current date and time, and others). Parameter maps are a method for substituting different values with different keys. A parameter map can be thought of as simple data “look-up table”. Each […]
Following the Money Trail: Understanding the True Cost of Care
Healthcare leaders are challenged to understand the true costs associated with providing care. If you ask caregivers to determine their current workflow, they don’t really know where the patient and family go before or after each step of their care so the total care pathway is not in their purview. This is a well-known challenge […]