At Prominence Advisors, innovation is embedded in everything we do. Several times a year, we demonstrate our commitment to innovation by holding Innovation Day—a special event where we close external operations and devote an entire day to exploring new ideas, developing cutting-edge solutions, and enhancing our capabilities. This day combines a focus on internal growth with external solutions, giving our team dedicated time to explore the data enablement solutions that they’re passionate about.

A Day of Focused Innovation

Innovation Day is a time for our team to step back from the day-to-day demands of client work and focus on creative problem-solving. Whether it’s refining our internal operations to streamline our client work, working on customer-facing projects, or brainstorming new products and features, Innovation Day is all about pushing boundaries and finding new ways to move mountains for our customers and for our internal operations.

Our company values, “Do Great Work” and “Move Mountains,” are at the heart of Innovation Day. It’s a day where we dedicate ourselves to doing great work—work that has the potential to transform our customers’ experiences and drive their success.

Innovation Projects That Move Mountains

Innovation Day has been the birthplace of some of our most impactful projects. Two standout examples are Prominence Atlas™ and the enhancements to our Prominence Platform.

• Prominence Atlas™: This comprehensive guide to metric definition uses generative AI to enable healthcare organizations to navigate and standardize their data effectively. This innovative tool allows users to describe assets, document glossaries, manage certification work queues, and view usage and ROI at a glance. It’s a powerful solution that came to life during one of our Innovation Days, designed to help our clients achieve clarity and consistency in their data.
• Enhancements to the Prominence Platform: Nearly 20 leading health systems across the country utilize the Prominence Platform to unify and standardize their data, and continuous improvement is essential. During Innovation Day, our team focuses on developing new features and refining existing ones to better serve our clients. These enhancements have included everything from user interface upgrades to new data integration capabilities, all aimed at making our platform more intuitive, efficient, and powerful.

These projects are just a few examples of how Innovation Day allows us to bring bold ideas to life. By dedicating time to innovation, we ensure that we’re not only meeting the current needs of our clients but also anticipating and addressing future challenges.

Our Innovation Team: Driving the Future of Data Enablement

At Prominence Advisors, innovation is not just a periodic event—it’s a continuous commitment, led by our dedicated Innovation Team. This team is at the forefront of developing and enhancing cutting-edge data enablement solutions that address the ever-evolving challenges in the healthcare industry.

Our Innovation Team focuses on a range of topics critical to the future of healthcare data, including:

• Data Management: Ensuring that our clients’ data is organized, reliable, and ready to drive informed decision-making.
• Generative AI: Pushing the boundaries of what’s possible by leveraging AI to generate new insights and capabilities.
• Machine Learning: Developing predictive and prescriptive models that help healthcare organizations stay ahead of emerging trends.
• Data Science: Applying rigorous analysis and statistical techniques to unlock the full potential of healthcare data.

Incorporating AI to Automate Rote Tasks

Artificial intelligence is at the forefront of innovation for most health systems, mainly for its ability to remove the bulk of the manual work required for many administrative tasks. During our Innovation Day, a portion of our team developed and trained a document processing model to automatically extract and export data from PDFs into a formatted Excel file. This solution explores innovative ways to improve upon existing solutions, and allows analysts to spend less time searching for their data and retyping the information on PDFs, and more time on utilizing the information from this solution for advanced analytics.

We’re also focusing on internal uses for AI here at Prominence. When we improve our operations, we can be even more efficient in our customer projects and dedicate even more time to moving mountains for our customers. Our team divides our Innovation Day into internal and external projects, making sure that, while we develop bleeding-edge solutions for our customers, we’re focusing on our internal growth and company health. We’ve developed an AI Assistant for our project management team, leveraging AI to standardize our approach to documentation and communication internally. This AI-powered bot can take on some of the onus of manual work for our project management team, while they focus on delivering innovative data enablement solutions for customers.

Clinical Note RAG Workflow

A common pain point in healthcare analytics is the lack of standardization and manual work required to analyze clinical data. These notes contain free text, which has historically required a decent amount of manual work to standardize, in order to allow for effective analytics. Our team has built upon the innovative RAG Workflows we’re already implementing to improve the efficiency and capabilities of this solution. Our solution automates the standardization of this data, allowing for easy use of this data for LLM and AI solutions.

Cost Monitoring Dashboard

As organizations expand their analytics and data enablement solutions, cost is often at the forefront of their internal reporting needs. They’ve invested in this new solution, but is it worth it? How does the cost compare to a solution from a different platform? Our team has created a model to track and visualize spend with their current platform usage compared to projected spend with another platform. With this tool, customers can assess the value they’re receiving from the investments they’ve made.

The AI Gauntlet: Fast-Tracking Innovation

A key part of our innovation process is the AI Gauntlet—a rigorous framework designed to quickly determine the viability of new projects. Through this process, our team can assess the potential impact of a project, develop a Minimum Viable Product (MVP), and swiftly move from concept to implementation.

This approach ensures that only the most promising ideas move forward, allowing us to maintain our focus on delivering great work and moving mountains for our customers.

Innovation Day is just one day in the continuous process of improvement. Our team remains firmly committed to creating and enhancing data enablement solutions for our customers each and every day. To explore these solutions in more detail and learn how your organization can benefit from our innovations, get in touch today.