IBM
Case Studies
Apria Healthcare: Leveraging Accurate Forecasts for Competitive Healthcare Services
Overview
Apria Healthcare: Leveraging Accurate Forecasts for Competitive Healthcare ServicesIBM |
Analytics & Modeling - Big Data Analytics Analytics & Modeling - Predictive Analytics | |
Healthcare & Hospitals Retail | |
Human Resources Quality Assurance | |
Demand Planning & Forecasting Inventory Management | |
Cloud Planning, Design & Implementation Services Testing & Certification | |
Operational Impact
The implementation of IBM® Cognos® TM1® on Cloud has transformed Apria Healthcare's operations. The company is now able to deliver accurate budgets, forecasts, and reports to a broad audience of stakeholders quickly and effectively. The solution has eliminated virtually all of the data quality and trust issues that were raised by the old spreadsheet-based processes. The company now uses a single, centralized analytics engine to process their financial data in a repeatable and consistent way. This has helped the company to gain a clearer picture of the true state of their operations. The solution has also enabled the company to understand all of the cost drivers for each of their products, which has allowed them to create centralized pricing models across the entire business. This has potentially enabled the company to better use their economies of scale to deliver the same high-quality care services at a significantly lower price. | |
Quantitative Benefit
Eliminated virtually all of the data quality and trust issues that were raised by the old spreadsheet-based processes | |
Gained a clearer picture of the true state of operations | |
Enabled accurate budgets, forecasts, and reports to a broad audience of stakeholders quickly and effectively | |