OREANDA-NEWS. November 19, 2014. McKesson announced that Baylor Scott & White Health, the largest not-for-profit health system in Texas, has selected McKesson Performance Analytics™,  McKesson Analytics Explorer™ and McKesson Pay-for-Performance solutions to standardize the use of financial analytics across the combined enterprise.

Dallas-based Baylor Health Care System and Temple-based Scott & White Healthcare merged in October 2013 to create one of the 20 largest health systems in the country with 46 hospitals and \\$9 billion in assets. The decision support and data visualization system delivered by McKesson is designed to provide the combined organization with a single source of truth for conducting near real-time analysis on claims as well as clinical and cost data across all departments and settings of care, including physician practices. It includes accessible, visual-based tools that turn data into actionable intelligence wherever enterprise decisions are being made.

Despite industry-wide investments in electronic health records systems and data warehousing, more than 50 percent of healthcare leaders report that they are “very weak to neutral” in the use of business intelligence, according to a 2013 HealthLeaders survey. McKesson Performance Analytics provides the technology and resources to consolidate strategic clinical, operational and financial information from multiple care settings, care givers, encounters and communities into a single, complete picture of health system performance. This helps stakeholders manage costs effectively and identify high-value opportunities for performance improvement.

Consensus for adopting McKesson Performance Analytics at Baylor Scott & White Health was broad-based, crossing multiple functions and settings, including hospitals and physician practices. McKesson Analytics Explorer makes interactive data accessible in easy-to-manage formats. It helps decision-makers across the enterprise in predicting, modeling and measuring best practices and determining optimal strategies. McKesson Pay-for-Performance solutions will provide immediate value by automating the use of claims and reimbursement data while reducing financial exposure and optimizing opportunities across multiple payment models.

“With ongoing industry transformation and growing complexity, health systems need enterprise decision support systems to help determine cost and revenue opportunities, drive performance improvement in the most important areas, and thrive under value-based purchasing,” said Jeff Felton, president of McKesson Connected Care & Analytics.