Data + Intelligence

You can’t manage what you don’t measure. But how do you know what your analytics should measure? In this episode of our popular Here’s Why digital marketing video series, Eric Enge gives you four fundamental principles that should define your approach to analytics.  Don’t miss a single episode of Here’s Why. Click the subscribe […]

The consolidation of data and integration of systems is essential to providing a holistic 360-degree view of patients and members. This view can enable a variety of activities to enhance and drive efficiency in business and clinical activities, such as increasing patient safety and the quality of care healthcare delivery organizations provide to patients. One […]

Technological powerhouses bitcoin and blockchain offer the potential to collaborate with the Internet of Things (IoT), resulting in simplified connections within the industrial IoT. Through advanced implementation of blockchain and bitcoin, technology promotes a simpler way to experience life itself. Blockchain is the underlying technology in bitcoin and other cryptocurrencies. Information contained and stored within […]

IBM released a new version of FileNet Content Manager, version 5.5, and will end support for all previous versions. Users will need to either upgrade their ECM infrastructure by April 30, 2019, purchase extended support, or risk losing support. You may be thinking, “That’s a little less than a year away. I’ve got time.” But […]

Entities must first include the new CECL disclosures in their financial statements and regulatory reports (e.g., the quarterly call report), commencing with the aforementioned effective dates. There is no separate filing requirement for CECL. The structure and granularity of an entity’s income statement and balance sheet does not to change, as the details of the […]

In my previous blog, I described the concept of an “Information Catalog” and how it plays a vital role in ensuring communication between the Data Lake Aggregator and Suppliers and Consumers is efficient and effective due to the common language that it provides. I also included the following diagram as an example of how the […]

If your call center is still relying on an interactive voice response (IVR) system, then you may not be delivering the customer service your consumers expect (Millennials in particular). Customers are becoming more digitally connected than ever. And with this hyper-connectivity comes their demand for unprecedented levels of 24x7x365 customer service. Customers want to engage […]

CECL requires loss estimates to include relevant information about past events, current condition and reasonable and supportable forecasts using both internal and external information, including a range of qualitative and quantitative factors. Estimates of expected credit losses must consider information related to the borrower’s creditworthiness, the issuer’s underwriting practices, and the current and forecasted direction […]

Healthcare practitioners must untangle the complex relationship of data analytics in order to provide a proper value for patients. Visibility To ensure that patients receive the best care possible, healthcare teams must continuously monitor the performance of the healthcare facility and the daily operations. With open visibility, practitioners establish a sense of trust and with […]

Healthcare continuously expands the realm of digital technology and explores new paths to analyze and comprehend complex data. The industry is moving in leaps and bounds in order to stay ahead of the technology trends that are upcoming. This blog looks into three major trends that are becoming major components of the healthcare industry. Smart […]

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 […]

CECL, or current expected credit loss, is a new accounting standard that will change how financial institutions account for expected credit losses. Complying with the new CECL standard will have a major impact on an institutions’ operations, accounting/finance, IT, credit, and risk processes and systems. Under current US GAAP (generally accepted accounting principles), an “incurred […]