OnlyBoth Inc., a provider of benchmarking insights that enhance understanding, transparency, and performance improvement, has launched a new, revolutionary benchmarking engine at https://www.
Until now, no benchmarking tool has allowed an in-depth comparison of U.S. nursing homes at the scale needed to drive improvement broadly in nursing care and patient outcomes. OnlyBoth replaces a cumbersome research process and enables a comprehensive picture of nursing home performance, with a level of transparency unprecedented in the industry.
OnlyBoth uses information from over 300 federal healthcare data attributes to deeply benchmark nursing homes across the country in an objective, repeatable way, without injecting opinion. Users can look up specific nursing homes, compare multiple facilities based on customizable parameters, or search across all nursing homes by characteristics, outcomes or other attributes. OnlyBoth offers one free insight on any nursing home and provides the service starting at $9 for fully evaluating a single nursing home, in order to make this affordable to anyone.
With the tagline “A sentence is worth 1,000 data®” OnlyBoth’s unique technology completely re-thinks the benchmarking task, thus reporting insight types that could never be uncovered without software automation. The company’s name derives from one such type: “Only so-and-so has both as much X and as much Y.”
The new distinctive web product is powered by proprietary artificial intelligence algorithms, first developed under a National Science Foundation grant at Carnegie Mellon University in Pittsburgh. For every entry, or nursing home, in a dataset, the benchmarking engine—through exhaustive comparison—answers insightfully and in clear paragraphs the core questions: How is this entry doing? Where could it improve? What has changed? and What’s best in class?
The answers report top-N behaviors—being in the top-12 or bottom-12—of a noteworthy peer group which the engine is tasked with uncovering, unbiased by simplistic assumptions, with rich datasets from the Center for Medicare & Medicaid Services’ Nursing Home Compare. From deeper understanding to evaluation to monitoring and beyond, the technology offers valuable knowledge to nursing home executives and employees, owners, acquirers, consultants, marketers, payers and insurers, referring providers, inspectors, attorneys, and prospective patients and their families.
“OnlyBoth delivers unbiased reporting – not opinions or recommendations – in an easily accessible manner so decision-makers can get exactly what they need at their fingertips,” said Valdes-Perez in a statement. You cannot carry out benchmarking at scale without software automation, just as you would not do information research without a search engine. The future of benchmarking is complete software automation based on a complete re-thinking.”