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Case Study: Froedtert & MCW cuts financial-analysis time 50% with Collibra

Froedtert & the Medical College of Wisconsin Case StudySourced & dated by Case Study Desk
Key facts · TL;DR
Company
Froedtert & the Medical College of Wisconsin
Industry
Healthcare
Challenge
Data siloed across the health system
Headline result
50% faster financial analysis

Key results

50%
Faster financial analysis
vs. previous standalone application
seconds
Financial-analysis time
Down from five to ten minutes

The challenge

Froedtert & the Medical College of Wisconsin, a regional health partnership spanning nine hospitals, more than 2,000 physicians and 45 health centers and clinics, held large volumes of data in silos across tools such as SharePoint and Excel. There was limited sharing between departments and little agreement on what discrete data metrics meant, which held back reliable analysis.

The solution

F&MCW deployed Collibra's data and analytics governance platform as a centralized source of truth, delivered through a one-stop-shop portal (its internal 'Data 360°') with dashboards, user guides and training. It engaged Collibra Professional Services and Collibra partner Dadata Consulting for application design, customization and implementation.

Building that single source of truth to improve data quality and provide trusted and credible analytics in the hands of decision makers, are the real strategic values of Collibra and lead to better data governance.

FB
Fahad Bijle
Director, Enterprise Analytics and Data Strategy, Froedtert & the Medical College of Wisconsin

The results, in context

Using the analytic dashboard application, the finance team cut the time to analyze financial performance by 50%, reducing analysis time to seconds instead of five or ten minutes. Collibra gave F&MCW a single source of truth so business and clinical leaders could work from consistent, trusted data definitions.

Products used

Collibra Collibra Data GovernanceCollibra Collibra Data Catalog