In the age of ACOs and value based payments, there is a constant pressure on the healthcare industry to reduce costs without damaging the quality of care provided. While there are many factors in this balancing act, hospital readmissions and lack of medication adherence are two issues driving up costs that can be addressed and prevented. EMRs hold the data needed to created a prevention plan, but that data is often siloed from clinical, financial and operation data also necessary for an effective plan. Business intelligence and analytics tools allow providers to view and interpret the data, but even these systems often don’t communicate with other systems.
A Forbes article recently announced that IBM and Premier health alliance are teaming up to provide better data insights across a population. Using big data, this Data Alliance Collaborative (DAC) utilizes IBM technology to predict readmissions and medication compliance issues across the Premier collaboration of 200 hospitals. With over 70 different health care systems, Premier sees great value in using shared capabilities to leverage data analytics for population health.
“Partnering with Premier and IBM to create the integrated view of clinical, financial and operational information in one data model will allow a clearer analysis of costed outcomes and improved decision support for healthcare organizations,” said Martin Sizemore, principal, healthcare strategic advisory services at Perficient. This real-time integrated view of the data will allow hospitals to make mid-course adjustments to meet federal regulations.
Perficient will be hosting a webinar, “Going Beyond the EMR for Data-driven Insights in Healthcare,” to further explore the role of data analytics in healthcare. Join us to learn how analytics is being used to measure and monitor performance and provide service-line directors and financial administrators with reporting and analysis that enhances clinical care processes and business operations.
