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Franklin:BI Accelerates and Sharpens Strategy Development

For CSOs, Analysts, Consulting firms, M&A funds and PE firms, DCEs & ACOs: 

– Creates lightning fast, on the fly performance comparisons
– Provides boundaryless comprehensive data breadth

  • Every Hospital: Create ratings & rankings for 1,000+ Fin’l, Ops, Safety metrics
  • Every Physician: Scripts, HCPCS procedures, Hosp Affiliations, Practice Stats
  • Every Market: Trended population demographics for every Census Zip Code

– Ever current, curated and trended
– Readily merged into your own analytics
– Intelligently integrated by our Contextual Search Layer

Generating Information Equity across your whole organization

Information Equity makes curated data readily and easily available, explored, and understood throughout an organization allowing applications and analysis to be built on top of Franklin:BI.

New! Pricing & Payment Intelligence

Payment Transparency – removes information asymmetry, a barrier to successful negotiations.

We’ve solved that problem and the previously hidden variations in payment rates, across payers and providers.

Every Physician

On the fly comparisons:

  • Specialty, City, County, State  
  • Groups, ACO’s, Affiliations, Systems 
  • Script patterns, HCPCS procedures  
  • HCC risk, Per Beneficiary Per Year Cost 

Evaluate, Optimize, Acquire, Understand 

  • HCPCS procedure Counts and Revenue
  • Per Beneficiary Per Year costs 
  • Practice productivity and value 
  • Scripts by drug & prescriber 
  • Patient Panel, MIPS, Chronic Conditions
  • Service volumes 

Every Hospital

On the fly comparisons (1,000’s of dynamic peers): 

  • Clinical Intelligence, utilization & margins
  • Financial Performance 
  • Operational Efficiency 
  • Quality, Safety & Satisfaction 
  • Facility & Patient Demographics
  • Geography (location and radius) 

Find Opportunities, Set Targets, Build Strategies 

  • Financial & Operating Metrics 
  • All Safety, Quality & Outcomes metrics 
  • Clinical Benchmarking Redefined
  • Rates and ratios with 10-year trends 
  • Physician Affiliations 1.2M+
  • Share by ZIP w/demographics

Every Market

On the fly comparisons:

  • Patient Origin  
  • Patient Destination
    (City, County, State, or Radius) 
  • Service Areas 
  • Systems, Hospitals 

Understand, Grow, Defend, Target 

  • Market Share: Hospital and System
    State, County, City, Town, ZIP Code 
  • 6-year trends 
  • Census (ACS) for every census ZIP Code
    (Income, Population, Households, Age,
    Insurance, Internet Connect, Unemployment…) 

A thorough understanding of the players and markets informs good strategy.

Benchmark & Scorecard with Trends 

Build custom groups to: Scorecard, Rank, Rate, Compare, Benchmark, See Gaps, Set Goals and Trend.

Metrics include Pricing, Revenue, Income, Costs, Overhead, Productivity, Bed “turns”, Markups, Bad Debt, Liquidity, Complications, Infections, Mortality, Readmissions, HVBP, Capacity, Utilization….1,000 rates & complete trends…. Know everyone’s numbers to take control of yours.

Clinical Benchmarking Redefined: Service Line Mix, Pricing, Costs, Payments, Margins

Comparative Financial, Operational, Utilization and Clinical Performance benchmarked on the fly versus any peer of your choice. Includes departmental component cost for service line details by MS-DRG for every peer.

Physicians, Drugs, Affiliations, Practice Utilization

Answers about practices including: Prescription and Drug utilization, chronic patients, practice risk scores, patient demographics, eligibility(s), preventive measures, MIPS, CG-CAHPS experience, and hospital affiliations. Tenure, medical education & specialty and hospital & group practice affiliation for individuals; all provide insights for managing growing networks.

Market Insights: Provider Share, Service Area & Population 

  • Market Share Competitors, Service Area Size & Trends
  • Patient Origin, Destination & Migration
  • Population & Census Demographics
Reveal influencing demographics by granular zip code detail: Population, Income, Home Values, Payer-mix, Unemployment, Tech Adoption, Age, Race and more…answering:
– Cases, patient days, revenue & trends for any hospital
– Drill into Share, Volumes and 5-year trend detail by counties, city and zip
– Competitors, in and out of market; gaining or losing share, and
– Migration for care…where to where, who, how many & how much?

Goals and Targets for Strategic Plans

Evaluate historical expenses, operating metrics, overhead, wages and benefits at the departmental level to help set targets from places that reflect “what you want to be”. Cross-reference market share performance and competitive utilization by service lines and MSDRGs. Finally layer on appropriate targets for Quality and Safety plus Physician network growth.

Artificial Intelligence: Key Performance Influencers

A.I. enhanced data discovery determines the key influences and extent for any metric’s performance among any peer group. Innovative and predictive advanced analytics offer insights that cross traditional domains of performance: finance/quality/safety/satisfaction/price/cost. It couldn’t be done without a fully integrated library of performance metrics and advanced models. In an instant, the A.I. produces insights that would take an expert programmer days to perform. No special training is needed to point and click your way through this labyrinth of insight. 

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What our customers have to say…

“How do you get so many answers about our diverse questions so quickly?”

Private Equity Investor

“Easy, fast and comprehensive”

Health System Chief Strategy Officer, Former Hospital CEO

“It’s Benchmarking in a world of rapid change”

Healthcare Consulting Partner

“Compare me to who I want to be and find the issues”

Hospital System CFO

“My life gets easier since every analyst always has access to the most current data available”

System SVP of Decision Support

“I’ve never seen anything like it!”

Health System CIO


Important Metrics…Surprising Insights

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Franklin:BI – Model of Excellence

“There’s a wonderful model here that shows clearly that even data broadly available and in the public domain can be the basis for creating a high-value data product if the product is well architected, datasets are tightly integrated and the user experience gets primary attention.

– Russel Perkins, Managing Director, InfoCommerce Group