Southeastern Ohio Regional Medical Center Cuts Costs, Improves Healthcare Delivery with Datawatch Visual Analytics Technology
CHELMSFORD, Mass., Feb. 17, 2015 /PRNewswire/ -- As more and more information was being requested from the IT department, Southeastern Ohio Regional Medical Center ("Southeastern Med") knew it was time to find a solution that would provide better real-time, historical and graphical representations of data. Southeastern Med turned to next-generation visual analytics technology from Datawatch Corporation (NASDAQ-CM: DWCH) to help track and report on hospital infections, improve physician performance, and identify trends in treatments.
An acute healthcare center serving some 4,000 inpatients and 100,000 outpatients, Cambridge, Ohio-based Southeastern Med needed more reporting capabilities than the current solution could provide. Their current business intelligence (BI) technology system, Medisolv, had a niche but was limited to specific types of data only from Meditech. When staff found that the system was unable to bring in varied data sources or deliver meaningful visualizations to get actionable insights, the hospital turned to Datawatch.
Using Datawatch, Southeastern Med is able to create and share powerful visualization dashboards that integrate data from previously inaccessible PDF reports to provide a more complete view of who, when, and where infections occurred. It offers the information and insight needed to better track and report on Hospital Acquired Infections (HAI) occurrences, which affect more than 720,000 acute care patients and cost U.S. hospitals $9.8 billion annually.
Similarly, the hospital's Endoscopy Unit and Cancer Center were spending 15 hours per week generating limited reports on procedures such as endoscopic polyp removals. With Datawatch, rich visualizations are now created in minutes that reveal unexpected outliers and trends in the data that lead to deeper visibility into the process of how cancer treatments are administered.
The hospital also uses Datawatch to visualize physician performance through dashboards. The application enables hospital administrators to visualize trends and create scoreboards around the cost and success rates of individual physicians. The Datawatch dashboards help administrators develop solutions for improving best practices.
"The ability to quickly and easily visualize data that has eluded us for years will have a big impact on the quality of healthcare we are able to deliver as we develop more reporting and visualizations with Datawatch," said Clark Carpenter, infrastructure supervisor at Southeastern Med. "Datawatch is also saving us money. We expect the return on investment for the technology will be realized in less than a month."
The Datawatch visual analytics platform is a quantum leap forward from traditional BI tools that typically provide static dashboards of charts and graphs drawn from limited sets of structured, historical data. The technology provides an interactive, intuitive visual analysis environment that lets users at any business level quickly access and prepare any data from any source to identify patterns and outliers, get answers on the fly and gain new insights in true real time.
About Datawatch Corporation
Datawatch Corporation (NASDAQ-CM: DWCH) provides the only platform for visual analytics to leverage any data at any speed – delivering valuable insights for improving business. The unique ability to acquire, prepare, and transform data from structured and multi-structured sources such as PDF and log files, as well as real-time streaming data, into visually rich analytic applications allows users to dynamically discover key factors that impact any operational aspect of their business. This ability to perform visual discovery against any data at any speed sets Datawatch apart in the big data and visualization markets. Organizations of every size, worldwide use Datawatch products, including 93 of the Fortune 100. Datawatch is headquartered in Chelmsford, Massachusetts with offices in New York, London, Munich, Stockholm, Singapore, Sydney and Manila, and with partners and customers in more than 100 countries worldwide. See the Whole Story for yourself by downloading the free trial at www.datawatch.com/free-trial.
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Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements, including but not limited to those relating to results of operations, contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: risks associated with the continuing weak global economy; risks associated with fluctuations in quarterly operating results due, among other factors, to the long sales cycle with enterprise customers and the size and timing of large customer orders; risks associated with acquisitions, including the acquisition and integration of Panopticon; the risk that our goodwill resulting from acquisitions may become impaired and require a write-down; limitations on the effectiveness of internal controls; rapid technological change; Datawatch's dependence on the introduction of new products and product enhancements and possible delays in those introductions; competition in the software industry generally, and in the markets for next generation analytics in particular; Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties; Datawatch's concentration of customers in the financial sector; risks associated with international sales and operations; risks associated with indirect distribution channels and co-marketing arrangements, many of which were only recently established; the adequacy of Datawatch's sales returns reserve; risks associated with a subscription sales model; Datawatch's dependence on its ability to hire and retain skilled personnel; disruption or failure of Datawatch's technology systems that may result from a natural disaster, cyber-attack, security breach or other catastrophic event; and uncertainty and additional costs that may result from evolving regulation of corporate governance and public disclosure. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company's Annual Report on Form 10-K for the year ended September 30, 2014. Any forward-looking statements should be considered in light of those factors.
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