Telstra Health and PowerHealth launch new analytics and benchmarking solution PowerAnalytics
Telstra Health and joint venture partner PowerHealth have launched PowerAnalytics, a new digital health solution which delivers deep analytics and benchmarking identifying actionable insights across operational and financial performance in healthcare.
Drawing on the extensive data sets available through industry leading solutions, such as PowerHealth’s PowerPerformance Manager (PPM) and Telstra Health’s Kyra Flow, the PowerAnalytics digital health solution delivers accelerated deployment, broad data acquisition, and scientifically developed analytics to help improve capacity and flow of funds within healthcare organisations.
The PowerAnalytics offering delivers a complete analytics solution. Through its hybrid product and service model, the PowerAnalytics team of financial, operational and clinical specialists work alongside customers to help them identify and realise opportunities for cost, outcomes and capacity improvements based on the analytics. This team is supported by data scientists and engineers who work to continuously filter the data specific to each customer, therefore improving the service over time.
Nick White, General Manager of Data, Analytics and AI at Telstra Health, said, “Telstra Health has long been supporting healthcare organisations to manage their operations, and now we can support our customers further by enabling them to extract greater value from their data. By combining our existing capabilities with PowerHealth, we can rapidly deliver deep, tangible and actionable insights to our customers for providing value-based care to their teams and patients.”
“The core purpose of PowerAnalytics is to help our customers gain valuable insights and predictions from their data sets. By bringing together data from across clinical, operational and financial systems, PowerAnalytics enables healthcare organisations to improve data quality, and make more informed outcomes, cost, operational and healthcare delivery decisions."
PowerAnalytics has been developed in collaboration with PowerHealth, a global leader in healthcare and hospital software solutions, and specialist provider in billing, costing, budgeting, safety and quality, decision support and application integration solutions. Telstra Health and PowerHealth entered into a joint venture agreement in November 2021.
PowerAnalytics is now available to both public and private hospitals and healthcare providers in Australia and globally, with the Central Coast Local Health District becoming the first organisation in Australia to deploy PowerAnalytics.
Nick adds, “PowerAnalytics complements Telstra Health’s existing capabilities and enables us to offer an even more comprehensive suite of applications and healthcare expertise as we continue to work to improve lives through digitally-enabled care.”
PowerAnalytics is available to PowerHealth customers and is part of Telstra Health’s suite of Analytics and Artificial Intelligence (AI) solutions.