Dr. Jain pointed to the way Big Tech companies such as Amazon and Walgreens utilize patient data to create customer retention. She pointed to data fragmentation and the limited scope of EHRs are hurdles to using data in healthcare.
Additionally, while Amazon is able to collect data on 44 percent of American consumers through its Prime members, Nashville, Tenn.-based HCA Healthcare only interacts with 1 percent of Americans.
“Hospitals and health systems must take a page from Amazon and other big tech companies’ consumer strategy handbooks,” Dr. Jain wrote. “The entire $4.3 trillion health economy will benefit the more that health systems can understand, design for, and meet consumer preferences and needs, and this process must start by leveraging the right data and establishing the right metrics.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.