Data is an invaluable corporate asset and needs to be treated as such. We help our clients use their own data to find business value, drive insights, increase revenue, improve processes, and innovate.
Data analytics
Our Approach
Our consultants work closely with businesses to solve problems, educate on data literacy, improve decision making, and opportunities for growth. Our team serves healthcare and IT industries. Some organizations may not have the analytics expertise or ability to conduct data analysis. We are here to help you. The key is actionable insights and without data analysis operating a business is nearly impossible. Our goal is to help leaders improve operational efficiency of their processes through the innovative use of their data.
Our Three-Step Analytics Approach
We Help to Expand Footprints of your Business with an Effective Data Strategy
Data can be siloed in some organizations and processes should be implemented to collect data, assess effectively and draw insights. Mollifis is here to help you implement new business processes into your organization to ease the collection of valuable data, whether its acquiring new source systems or refining initiatives. Mollifis consultants will help to draw value from your data, find analytics solutions to meet business needs and assess for opportunities of improvement. We will ensure that new processes will parallel with your business purpose.
Consider the questions below:
- Is your company’s data actionable?
- Do you have challenges solving problems for your business?
- Are you trying to identify pain points for your business?
- Do you need help with preparing your business with a strategy for analytics?
- Do you need to help refining your business’ strategic and performance initiatives?
- Do you know how to collect, assess, and analyze your data?
- Do you need to change the culture of your business to introduce data analytics?
- Does your business produce a high volume of data and you are unsure what it means?
- Are the data analytics solutions not measured structurally and not justified?
Answer: We are here to dramatically enhance results from data you currently have. Contact Us
We offer a flexible and practical problem-solving approach working as your consulting partner to draw insights and value from your data to find areas of improvement. Our collaborative teamwork and continuous communication throughout the project engagement working with stakeholders guarantees success as we assess and provide solutions utilizing your data in ways you previously didn’t have access to.
We work with clients from different industries by uncovering insights through data analysis
Our approach is to help businesses:
- Identify their business opportunities
- Measure
- Find the outcome
- Take action
Recent Study
Identify
A large organization working with a third-party vendor, partnered to improve quality care using a technology platform for patient navigation while patients had their services rendered at their medical facility. The organization invested into the platform and wanted to understand if the patients who utilized the platform were showing significant differences in cost and utilization when compared to patients who were not utilizing the vendor services?
Measure
Analytics consultants measured length of stay for patients by service line, discharge disposition, and cost savings for those patients who engaged with the third-party partner.
Outcome
- $2.0M in cost savings with reduction in length of stay for those patients who utilized the platform at each visit prior to scheduled surgery and post discharge
- 30% of discharge dispositions changed from long -term care facility to home health services
- 1.5 day reduction in length of stay for patients utilizing the platform compared those patients who did not.
Action
The leaders agreed to implement the patient navigation platform to all other facilities and service lines across the organization to improve the delivery of care for their patients based on the significant impact.
We have helped organizations learn how to improve quality care, reduce length of stay and readmission rates. Measuring and analyzing current-state operations to make improvements for future-state.
What can be revealed by data analysis:
Sales
- A sales and marketing team wants to find out which prices they can increase, by how much, and be able to retain customers?
- What are the feasible marketing initiatives to implement in your business? Do you need to refine your existing strategies?
Human Resources
- Who are the top 10% of performers by department or service-line? What do the high performers value most about their work?
- What is the percentage of employees that are unsatisfied and disengaged from your organization?
- How to maintain labor productivity and reduce overtime for your organization?
Operations and Strategy
- How to maintain a census and improve gross revenue daily?
- What should your business focus on now? In the next month? Next quarter? Next fiscal year?
- How to reduce expenses by 15%?
- How can our staff currently leverage data analytics to have a significant impact to business operations?
- What drives value for your business?
- What are the top five areas for improvement current state?
- What are considered as the threats to our business’ scalability and growth?
- How do we manage costs, capturing missing charges, and improving revenue through management of current-state operations?
Areas of Work
- Support companies by identifying Key Performance Indicators (KPIs) to monitor efficiency of the business and drive results with findings drawn from analysis
- Improve visibility and streamlining decision-making through data mining
- Improve business decisions through regression modeling
- Validate that data sources are accurate and offer meaningful insights for optimizing business strategies
- Identify root causes and implement metrics for continuous monitoring
- Provide in-depth, granular-level information to make the most of business operations
- Provide recommendations and actionable insights for effective data-based business decisions
- Examine current and historical data to predict trends
- Analyze financial and administrative data to improve current business activities
- Assess productivity and labor resources
- Provide revenue integrity analysis, including pricing and charges
- Implement diagnostic and descriptive analytics to measure performance and identify areas for improvement
- Data visualization and data storytelling – sharing data in ways that everyone can understand and benefit from change management.
- Business intelligence applications for descriptive, predictive, and prescriptive analytics
- Develop dashboards, strategic scorecards, and reports
