CLEARWATER, Fla., July 26, 2016 /PRNewswire/ -- "Trust your instinct, but verify your decision," is the key slogan for KanTime Data Sciences, a new data analytics tool for home health and hospice agencies developed by the fastest growing post acute software provider: KanTime Healthcare Software. KanTime Data Sciences allows agencies to make more informed decisions thanks to ample actionable data, which in turn leads to increased operational efficiency, reduced costs, and most importantly improved patient care.
"In today's current regulatory environment of providing high quality patient care, while achieving high marks on patient satisfaction surveys and simultaneously dealing with decreasing reimbursements, it has become critical to utilize the right tools to monitor key agency metrics such as average length of stay, timely accurate clinical documentation, and more. To that end, I feel that KanTime Data Sciences is one of the best data analytics tools available to provide management with key insight into their operations with dozens of key performance indicators that one can drill down to affect change. KanTime Data Sciences is vital to success as our industry continues to evolve in today's healthcare environment," says Randy Forrest, Senior Healthcare Consultant at S.M.A.R.T. Healthcare Resources.
Many home health and hospice agencies in today's market do not harness the true power of data analytics because the tools are designed only for upper level management. However, KanTime Data Sciences is a business intelligence tool that can be used and is even customized for the back office administrative staff. Different permission sets allow admin staff to have access to select data that provide vital information regarding branch operations, ultimately ensuing change at the grassroots level.
KanTime Data Sciences is powered by Power BI from Microsoft, which has been positioned in the Leaders quadrant in the eminent technology publication Gartner. Power BI is used by over 90,000 organizations across the world and is known for its powerful interactive charts that delineate trends and allow users to make data driven decisions.
The initial release of KanTime Data Sciences encompasses three primary categories including business, operational, and cost analytics. Unlike other BI tools, these categories cover all service lines including Medicare, Managed Care, and Hospice. Within each one of these categories lie numerous key performance agency metrics such as admissions, patient census, financials, referrals, episodes of care, and more. Furthermore, KanTime Data Sciences has developed a proprietary scorecard algorithm that provides a performance grade for each department in your agency and even allows you to drill down to view the KPIs affecting your score. Additionally, you can review the financial impact of your branch or department's performance with the detailed reports available in cost analytics.
"KanTime Data Sciences is unlike any other data analytics tool available for the post acute industry because it gives you the ability to drill down into the reports so you can affect change," says Sundar Kannan, CEO of KanTime Healthcare Software.
Watch a one-minute introductory video to KanTime Data Science here and view more details on the KanTime website. KanTime Data Science is now available for agencies using the KanTime platform.
About KanTime Healthcare Software Silicon Valley based KanTime Healthcare Software, the fastest growing post acute software provider, caters to the entire continuum of care including Medicare, Medicaid, Hospice, Pediatrics and Private Duty, both skilled and non-medical. KanTime provides both intermittent and continuous care for any certification period, any program, and any payer. KanTime's integrated cloud based solution helps agencies improve clinical compliance, reduce back office staff, and increase operational efficiency while being up to date with the latest rules and regulations by both Federal and State governing bodies. This is achieved by KanTime's two fundamental philosophies "Do It Right The First Time," and "Management By Exception." With these core values, KanTime ensures that your clinician always captures the necessary data required for a particular patient as well as gives your back office staff real time information via interactive dashboards. Moreover, KanTime works seamlessly across any point of care device whether it is iOS, Android, or Windows operating systems and works both online and offline. For more information visit www.kantime.com or call us at (408) 615-8880.
About SMART Healthcare Resources We are experienced home health operators trained to provide practical advisement in financial, reimbursement, compliance, and clinical operations. Our mission is to provide the highest quality education and training to the home health industry, to encourage compliance with federal, state and insurance industry payer regulations and support the protection of all third-party reimbursements. As provider advocates, we work closely with our clients to achieve their financial, clinical, and compliance goals. Learn more at www.healthcarebesmart.com.
Media Contact: Kristen Duell On behalf of Kanrad Technologies Inc. [email protected] (408) 755-5018