Balanced Scorecards - Healthcare IT

Balanced scorecards are a performance management tool for measuring whether the smaller-scale operational activities of your healthcare organization are aligned with its larger-scale objectives in terms of vision and strategy.

By focusing not only on financial outcomes but also on the operational, marketing and developmental inputs to these, balanced scorecards help provide a more comprehensive view of your business, which in turn helps practices and healthcare providers operate more effectively.

Theoris Vision Software is an industry-leading solution providing balanced scorecards that allows healthcare professionals to quickly measure areas of the business where direct management intervention will have the greatest impact on the profitability of your company. Your balanced scorecards can draw from information in any data source including:

  • Any ODBC database
  • Spreadsheets
  • Operational applications
  • Web pages
  • Reports
  • Documents

Theoris balanced scorecard software puts you in the driver's seat, quickly enabling you to see where there is room for improvement in your business using easy-to-read graphs, charts and maps along with unlimited drill down capabilities for root cause analysis. For example, you can view a KPI showing patient enrollment for your entire healthcare network, drill down to see enrollment for each practice and then see a report showing services performed by doctors in that practice. With Theoris Vision Software, you're always in control.

Benefits of a Balanced Scorecard
Clearly, having comprehensive balanced scorecards is no longer optional. In fact, it is now recognized as a major key in remaining competitive and understanding how your business is performing in an ever changing and increasingly competitive environment.

The benefits of balanced scorecards have been identified and verified by organizations in virtually every industry:

  • Improved organization alignment
  • Improved communications, both internally and externally
  • Linked strategy and operations
  • More emphasis on strategy and organizational results
  • Integrated strategic planning and management

Theoris balanced scorecards go even further providing the ability to deliver personalized information to individuals and groups to ensure that everyone in your healthcare network has the information that they need to achieve greater profitability and productivity by working toward specific goals and targets. This ability to align efforts across the organization and manage very specific goals is the key to succeeding with your balanced scorecards.

Theoris Vision Software uses the latest advances in software technology to provide all of these capabilities in a product that is easier than ever to learn and use so you can have your balanced scorecards up and running in just a few days.