BusinessObjects Helps Omni Healthcare Cut Costs, Streamline Operations, and Reach New Markets.NEW ORLEANS--(BW HealthWire)--Oct. 20, 1997-- Health Maintenance Organization Gains Competitive Advantage With Leading Integrated Decision Support Tool Business Objects (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BOBJY), the world's leading provider of integrated enterprise decision support tools, today announced that Omni Healthcare has successfully implemented a data warehouse using BusinessObjects(TM) as the front end. The data warehouse contains all of the company's critical provider, member, revenue, and marketing information. BusinessObjects allows non-technical end users to take advantage of the corporate data to identify potential cost-savings, reach new markets, and effectively track revenue. This success story at Omni Healthcare was profiled on the cover of the August issue of Datamation magazine, a leading information technology publication. "We have all of our essential data in our data warehouse, and with BusinessObjects, our non-technical management can now use that data to make better decisions," said John Volkober, chief financial officer, Omni Healthcare. Today, more than 50 users across Omni's enterprise are now making better business decisions with regards to marketing, contracting and cost management. The number of users is expected to double over the next quarter. "It is critical to our business to be able to analyze information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc expenses, revenues, and our provider networks," said Volkober. In the past, managers had to rely on standardized reports that were translated from an HP Turbo Image database into Fox Pro reporting software The following is a list of notable reporting software. Commercial software
Finding the Right Decision Support Tool for Non-Technical Users Omni's previous reporting tool required technical users who understood query language A generalized language that allows a user to select records from a database. It uses a command language, menu-driven method or a query by example (QBE) format for expressing the matching condition. as well as database structure, forcing non-technical users to rely on IS for all corporate information. "Before BusinessObjects, IS talent was being consumed by report writing. We needed a software tool that would allow our managers to independently seek answers to their questions, and facilitate their decision making processes - while at the same time freeing our IS staff to pursue strategic development projects. BusinessObjects is the answer," said Volkober. Using BusinessObjects to Save Money, Grow Membership "The biggest benefit BusinessObjects delivers is the ability to see a complete picture of our company, not just a departmental view," said Fernando Cabrera Fernando Jose Cabrera (born November 16, 1981 in Toja Baja, Puerto Rico) is a right-handed relief pitcher who is currently pitching for the Baltimore Orioles. Cabrera was drafted by Cleveland in the 10th round of the 1999 amateur draft and signed in August 1999. , database administrator for Omni Healthcare. "By analyzing data from across our business, we can make better financial decisions. We can also better understand our healthcare providers and our members, when negotiating contracts." By analyzing cost patterns for a demographic audience, Omni can now more accurately price contracts for employee groups. And, this data analysis capability also helps to negotiate profitable contracts with medical groups. Omni will use BusinessObjects for actuary actuary One who calculates insurance risks and premiums. Actuaries compute the probability of the occurrence of such events as birth, marriage, illness, accidents, and death. , marketing, membership accounting, provider group, and medical management applications. The Omni Data Warehouse Environment End users access the data warehouse using BusinessObjects on clients running Windows 95 residing on an Oracle database with HP 3000 and Windows NT (Windows New Technology) A 32-bit operating system from Microsoft for Intel x86 CPUs. NT is the core technology in Windows 2000 and Windows XP (see Windows). Available in separate client and server versions, it includes built-in networking and preemptive multitasking. servers on the back end. About Omni Healthcare Omni Healthcare, a healthcare maintenance organization (HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, ), is owned by Sutter Health Sutter Health is a hospital network in Northern California based in Sacramento, California. External links
About Business Objects Business Objects is the world's leading provider of integrated enterprise decision support tools. Business Objects products provide non-technical business users with access to information stored in data warehouses, data marts A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. , and packaged business applications. Business Objects provides a complete suite of decision support tools including query, reporting, online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. , data mining, and DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S administration for both client/server and internet environments. Business Objects has sold more than 575,000 licenses to over 5,000 organizations in more than 60 countries worldwide. Business Objects may be reached by phone at 408-953-6000 or on the worldwide web at http://www.businessobjects.com . The company's stock is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors BOBJY. -0- Note to Editors: BusinessObjects is a trademark of Business Objects SA. Other company and product names may be trademarks of the respective companies with which they are associated. A full-text copy of this announcement may be obtained by calling the Company's fax retrieval line at 800-414-2114 and selecting option "two." The announcement may also be downloaded from the Web; access "http://www.businesswire.com/cnn" and search on "Business Objects." CONTACT: Business Objects Miriam Standish, 408/953-6105 or Eastwick Communications Michelle Bertnick, 415/306-4198 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion