Analytics | Healthcare
Healthcare Blog

Posts Tagged ‘analytics’

2017 Trends: Non-Traditional Data to Achieve the Triple Aim

In previous posts we have taken a look at healthcare provider trends for 2017. Our first 4 trends, Handing the Patient Portal Reins to the Patient; Connecting Patients to Connected Health; Increased Demand for Mobile Creates Connectivity Challenges; Retail Health Clinics Increase Access to Affordable Care. In our last trend, Integrating Non-Traditional data to Achieve […]

Read more

The Healthcare Content Pie: 7 Marketing Strategies for 2017

Healthcare organizations are continuing to adapt to the ever-changing healthcare industry. Hospitals, health systems and health plans are undergoing infrastructure rebuilds to suit the needs of the new market; transforming their traditional business models to survive the rising expectations to deliver a connected and on-demand experience to patients and members. The growing expectations of healthcare consumers […]

Read more

The Role of Data Lakes in Healthcare

According to information technology research and advisory company Gartner, there is a market shift towards hybrid approaches to data management, as companies look to solve complex challenges with a mix of alternative and traditional deployments. Healthcare providers and health plans are asking the question, “Do we need an enterprise data warehouse, a data lake, or […]

Read more

Why Predictive Analytics & Connected Health Are New BFFs

I had a fun conversation recently about a patient population that is near and dear to my heart.  Near because, well, I am a member of this particular patient population, and dear because, even though I grew up in San Diego, I consider myself a Cincinnatian by heart.  Long live the Queen City. The conversation stemmed from […]

Read more

2016 Connected Health Trends: The Patient/Consumer Data Story

If you haven’t noticed by now, 2016 is a year when the patient data story will become increasingly complex. In this 2016 trends report we have already witnessed: Increased ownership of data by patients Increase in patient generated data by way of mobile device Challenges around the security of data in the growing world of […]

Read more

Hospital Labor Productivity: Squeezing the Turnip?

Assembling the vast amounts of data in healthcare is both a technical and political challenge.  I’ve worked at or with multiple hospitals where the finance and clinical teams never really collaborate and therefore the lens put on either domain is not terribly realistic.  Truly merging and using the data requires organizational transparency and a commitment […]

Read more

VIDEO: 6 Healthcare Performance Management Trends

Healthcare organizations have an increased focus on operational performance. Healthcare Enterprise Performance Management (EPM) creates visibility and accountability throughout the organization to identify financial performance gaps continuously and quickly change course when needed.  Embracing data-driven decision-making in a provider setting requires agile thinking to pinpoint and respond to the short- and long-term needs of the organization. In […]

Read more

6 Healthcare EPM Trends: #6 Innovation in the Cloud

TREND #6: INNOVATION: MOVEMENT TO THE CLOUD Enterprise performance management solutions are in a period of rapid transformation to the cloud. According to Gartner, the issues driving CFOs to consider the cloud are: Faster Development = Increased ROI: A recent study by Nucleus Research reported that cloud applications deliver 1.7 times the ROI of on premise […]

Read more

6 Healthcare EPM Trends: #5 Value of Care

TREND #5: VALUE OF CARE: THE SECRET SAUCE Costing is an evolutionary process that begins with one type of procedure, one clinic, or one service line, or perhaps with a hybrid costing methodology. The great news is that technology can help realize the goal of improved costing by allowing for the use of multiple costing methodologies […]

Read more

6 Healthcare EPM Trends: #4 Financial Transparency

TREND #4: FINANCIAL TRANSPARENCY: MODERNIZE YOUR DECISION-SUPPORT SYSTEM As the healthcare industry moves toward value-based payment models and population health management, the need to innovate is paramount when it comes to cost management. Today’s CFO needs a new generation of decision-support technology solutions along with unprecedented access to transactional data to address tough questions across the […]

Read more

6 Healthcare EPM Trends: #3 De-Mystifying the Budget Process

TREND #3: DE-MYSTIFYING THE BUDGET PROCESS: PERFORMANCE MANAGEMENT LEADS TO PERFORMANCE IMPROVEMENT Budgets have traditionally been an aggregation of numbers molded into a financial statement to measure margins and then asking business leaders to explain actual-to-budget variances. Healthcare leaders are now building strategies to mature this process into a compilation of metrics that are representative of […]

Read more

6 Healthcare EPM Trends: #2 Budgets

TREND #2: BUDGETS: DAILY, WEEKLY, MONTHLY, ANNUALLY OR CONTINUALLY? Historically, budgets were compiled once per year (if that often) and variance analysis was a monthly activity. Hospitals started looking at multi-year, year-over-year analysis first, then eventually actual-to-budget, reinforcing the variance analysis process once data became more transparent. This led to “re-forecasting” the budget into a new […]

Read more

Healthcare Blog

Perspectives on healthcare industry trends and topics and health IT insights to help organizations optimize operational performance, enhance patient and member experience, comply with regulatory demands and transform their business.

Archives