Effective and successful health care leaders need comprehensive data to drive their decision-making. Thanks to the THA Compass partnership with Strata Decision Technology, key decision-makers like you have access to the most up-to-date data and tools for analysis. Strata provides innovative enterprise performance management software, data, and intelligence solutions to help you drive growth.
“We use Compass to determine what services are leaving our community for treatment. It’s both a strategic tool for the community needs as well as a strategic tool for our own business development strategy. It’s an excellent program.”
SUSAN TURLEY, PRESIDENT, Doctors Hospital at Renaissance Health System
What’s included in Compass participation:
Data Analytics Tools
Using Strata’s Market Share & Trending and Physician Loyalty tools, Compass participants can visualize healthcare physician and market data to supplement the way they make strategic growth decisions.
Take snapshots of market share, service lines, payor mix, and maps of your facility and add them to presentation-ready decks within minutes, all within the application.
Inform your marketing strategy with data and industry insights to maximize growth. As you plan to enter new markets, equip your team with physician intelligence, market trends, demographics, product lines, out-migration, and payor mix.
Data Collection and Regulatory Compliance
Texas state legislature requires all hospitals and health maintenance organizations report quarterly claims data to the Texas Health Care Information Collection (THCIC). Through the Compass program, participants’ quarterly claims data is automatically submitted to THCIC.
Access to the THA Compass dataset, THCIC dataset and the combined dataset ensures best of-both-worlds access to the most complete and accurate data possible.
Multiple entities work together with your hospital to acquire, update and error-check your claims data. This highly collaborative workflow ensures accuracy in your reporting and allows you to focus on making informed growth decisions for your organization.
Questions?
Click here to contact the Compass Program team.