PITTSBURGH, June 16, 2015 /PRNewswire/ -- OnlyBoth today launched the industry's first automated hospital benchmarking engine, enabling unbiased comparisons among all 4,813 hospitals across the United States. The new website leverages federal data to highlight the power of benchmarking engines, and delivers new insights into how a healthcare institution compares to all other hospitals across nearly a hundred attributes, such as treatment outcomes, patient satisfaction, and emergency-room wait times. Access the OnlyBoth hospital benchmarking engine at http://hospitals.onlyboth.com.
The benchmarking engine software carries out vast numbers of comparisons, seeking areas where a hospital is differentiated within a peer group, in ways that may be good, bad, neutral, or ambivalent. The engine then communicates its insights in perfect, ready-to-publish English instead of potentially confusing charts or graphs. All insights are factual, based on the data, without subjective opinions or bias.
"As is true of benchmarking in general, hospital comparisons have been based on subjective choices of narrow peer groups and few metrics. The novel power of benchmarking engines, powered by artificial intelligence, enables comparing and contrasting every hospital to every peer along every attribute, uncovering those hidden nuggets and writing them up, all automatically," said Raul Valdes-Perez, CEO of OnlyBoth. "By eliminating lengthy manual benchmarking cycles, we enable organizations to concentrate on evaluating the findings and determining next steps."
The OnlyBoth hospital benchmarking engine makes use of publicly available Hospital Compare data from Medicare.gov and of several published U.S. News and World Report hospital rankings. Its user-friendly interface is like the typical search-engine experience.
To learn more about OnlyBoth's commercial benchmarking engine, as well as the hospital benchmarking engine, visit http://onlyboth.com.
OnlyBoth LLC provides the industry's first commercial benchmarking engine, helping businesses offer comprehensive, automated benchmarking services to their end customers, based on their own solutions data. Founded in March 2014 by veteran entrepreneurs Raul Valdes-Perez and Andre Lessa, OnlyBoth combines machine discovery – algorithms that discover humanly-digestible knowledge – with natural language generation, making insights easy to read and share in perfect English. Business-services providers rely on OnlyBoth's breakthrough artificial intelligence to solve the usual flaws of benchmarking, such as narrow scope, bias, complexity, and scale, and uncover operational insights and areas for improvement. Learn more about OnlyBoth at http://onlyboth.com.
CONTACT: Laura Maas, [email protected]