Business intelligence and data analytics are becoming increasingly important to healthcare operations, as hospitals and health systems seek to enhance productivity and improve clinical quality, all the while trying to minimize cost.
Evidence of its growing prominence in healthcare, IT leaders attending HIMSS16 said leveraging big data as a tool for consumer-focused and high quality care was a key theme of discussion. “Everyone was anxious to understand how they could quickly and cost-effectively start to use all their data to drive their business,” Bill Fox, vice president of healthcare and life sciences for MarkLogic, told Becker’s Hospital Review. “It seems we have reached a positive tipping point where healthcare will start to operationalize their data and is ready to move into the next generation of technology and innovation.”
Additionally, Gallup recently discussed best hiring and recruitment practices, saying data-driven recruitment is a critical strategy that sets companies up for long-term success.
Data can help organizations make strategic decisions, identify performance indicators and illustrate a “big picture” view of hospitals and health systems.
T. Scott Law, founder and CEO of revenue cycle and practice management service provider Zotec Partners, believes big data is a critical tool for hospital physician groups to achieve success.
Mr. Law will address healthcare trends regarding big data and health system physician groups in an upcoming webinar, hosted by Becker’s Hospital Review. He will discuss high-deductible health plans and big data in an era of patient responsibility, and how to improve physician productivity and scheduling, among other financial benefits.
To learn more and register for the March 29 webinar, click here.
