Due to the emergence of value-based care, precision medicine, and consumerism, the healthcare industry continues to grow and change. More than ever before, healthcare organizations are collecting patient and member data in real time by utilizing mobile applications, wearable,
and implantable devices.
In fact, according to Forbes.com, “There are 3.7 million medical devices in use that are connected to and monitor various parts of the body to inform healthcare decisions.”
Whether it relates to exercise, sleep, vitals, or other health patterns, the data these devices capture can provide organizations with a tremendous amount of actionable information that can be used to improve patient outcomes, create a better patient experience, and lower the cost of care for all parties in the healthcare ecosystem.
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While the data itself is essential to providing insight, being able to assemble, organize, and analyze the data is equally as critical. Maximizing and leveraging the vast amount of data healthcare organizations generate in order to answer complex questions continues to be one of the top challenges and initiatives in the industry.
This guide discusses how data and technology can enable organizations to make informed healthcare decisions, produce better patient outcomes, and create a better patient and stakeholder experience. Use the guide as a barometer to measure the impact of your own activities and initiatives.
How do you compare to your peers? Are you doing the right things?
Should you adjust your strategy to remain or become an industry leader?
This blog was co-authored by Tom Lennon.