MicroStrategy a worldwide provider of business intelligence (BI) software, recently announced that The Advisory Board Company has selected MicroStrategy to provide its members with enhanced visibility into financial, operational and clinical performance. The Advisory Board Company is the leading worldwide healthcare research and professional services firm serving more than 2,600 hospitals and health systems.

Using MicroStrategy, the Advisory Board enables member hospitals to gain greater insights into their business and to incorporate best practices into their daily operations. The Advisory Board provides multiple, hosted business intelligence applications, each focusing on a distinct area critical to hospital margin and clinical improvement and each leveraging the Advisory Board’s deep industry expertise. Member hospitals are able to use the secure, Web-based analytical tools to improve their performance through better, faster, data-driven decision making, and have seen significant financial improvements as a result.

The Advisory Board uses MicroStrategy to create a single-host multi-tenant architecture, where the Advisory Board builds and maintains an application that is shared across its member hospitals. Even though the application is shared, MicroStrategy’s robust security infrastructure ensures that each hospital only has access to its own data. There are currently thousands of individual users – from CFOs to business analysts – accessing the applications on a daily basis.

"Hospitals have a significant opportunity to improve performance through business intelligence," said Dennis Shin, Executive Director at the Advisory Board. "Our research shows that top performing organizations separate themselves from their peers by their ability to quickly diagnose the root cause of recurring problems and issues and spend time not on diagnosis but on driving to solutions. Our business intelligence membership programs – which include our distinctive business intelligence tools on MicroStrategy's platform as well as our best practice research and domain expertise to drive ongoing improvement – really help our member hospitals reach and maintain the top tier of performance."

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.